MOVING FAST ON EMERGING POSSIBILITIES: TOYOTA Can an octogenarian company lead the way in an The company is also working with Accenture and telecoms industry that the biggest tech companies have their eyes firm KDDI, to develop an AI taxi dispatch system that on? It helps if you have a record of innovation—and a war predicts consumer demand to optimize usage and reduce 16 chest of cash and short-term investments worth $45 customer waiting time. billion. But the critical element of the company’s strategy Its ambition for unlocking more value for consumers is strong partnerships. doesn’t stop there: in 2019, the company launched a Toyota is partnering with Panasonic to develop electric- subscription driving service, Kinto. What distinguishes Kinto 15 vehicle batteries at scale and smarter homes. The two is the introduction of a “gamified” element to encourage 17 companies will commit 3,500 employees to the joint good driving. Through IoT and monitoring technologies, venture, which will sell batteries to other manufacturers the company plans to award points to drivers for “safe and as well as supplying Toyota. ecological” driving, which can be redeemed in the form of future payments. 26 BREAKING THROUGH DISRUPTION