Toyota Estimates $6.4 Billion Annual Factory Automation Cost From 2028

MT Newswires Live

09/19

Toyota Motor estimates factory automation could cost 1 trillion yen ($6.4 billion) annually from 2028 as it accelerates the use of robotics, CNBC reported Friday.

The estimate covers Toyota, group companies and major suppliers and includes about 400,000 robots, encompassing replacements, new installations and humanoid and non-humanoid machines, the report said.

The potential investment includes industrial robots, automated logistics and future human-robot collaboration on factory floors, according to CNBC.

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