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Toyota Named to Fortune Magazine’s Change the World List

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A robot assists a man in taking a water bottle

Toyota has been named to Fortune magazine’s Change the World list for its efforts to bring mobility to all in a way that goes beyond building automobiles.

The list is based on the shared-value principle of “doing well by doing good,” and strives to recognize the world’s biggest innovators that make the most pressing environmental or social problems a key part of their competitive strategies.

“Toyota believes robots can do more than assemble Corollas and Camrys; it’s building and investing in robotics to help the disabled and elderly. It has created a walking-assist system to help stroke victims or others with disabilities learn to use their legs again,” wrote the editors at Fortune magazine. “Toyota also recently invested in Israel’s Intuition Robotics, whose robots can remind the elderly to handle tasks like taking medication.”

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This is the third time in four years Toyota has been named to the list. No other auto company has been named more than once, and in 2018 Toyota is the only global car brand to be featured.

The recognition comes at a time when Toyota is doing more than ever to revolutionize the future of mobility. It recently invested $500 million in Uber in an effort to accelerate self-driving car development, and is hard at work to make “mobility for all” the underlying theme of the upcoming Tokyo 2020 Olympic and Paralympic Games.

“As one of the world’s largest automakers, Toyota is in the unique position to shape the future of mobility by providing products and services that expand the concept of mobility from simply moving people to improving ease of movement, regardless of the challenges faced in doing so,” said Jim Lentz, CEO of Toyota Motor North America.

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News Source: Fortune