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The Financial Express

Japan's Sony to form alliance to develop AI-based hailing system

| Updated: February 22, 2018 11:06:51


Reuters file photo used for representation. Reuters file photo used for representation.

Sony Corp said on Tuesday it would become the latest blue-chip firm to jockey for position in Japan’s taxi and ride-hailing market, with plans for a joint venture to develop an artificial intelligence-based hailing system.

Japan is seen as a potentially lucrative ride-hailing market, with regulators under pressure to ease stringent rules.

Currently, non-professional drivers are barred from offering taxi services on safety grounds, and ride-hailing companies are limited to services that “match” users to existing taxi fleets via mobile platforms.

Sony plans to build the AI-based hailing platform with Daiwa Motor Transportation and five other domestic taxi firms, according to a Reuters report.

This month, SoftBank Group Corp and China’s Didi Chuxing said they would roll out a venture in Japan this year to provide matching services.

Toyota Motor Corp has said it will take a stake in taxi-hailing service JapanTaxi, set up by Japan’s largest taxi firm, Nihon Kotsu.

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