Toyota Invests in Interstellar, Honda Satellites
This is a news story, published by CNBC, that relates primarily to Toyota news.
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satellite connectivityCNBC
•Science
Science
Why automakers including Honda and Toyota are pouring millions into rockets and satellites
76% Informative
By 2030 , connected vehicles could be a $742 billion annual revenue opportunity for automakers and suppliers.
Cars today use satellite connectivity for tracking and location, software updates and entertainment like satellite radio.
In January , Toyota said its mobility software subsidiary "Woven by Toyota " was investing $44 million into Japanese rocket maker Interstellar Technologies .
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