/ News
Yamaha invests $100 million in robotics and artificial intelligence ventures
It’s part of the company’s ultimate goal of achieving sustainability and carbon-neutrality.
Yamaha Motor has recently declared the creation of the Yamaha Motor Exploratory Fund, L.P. II on March 13, 2023. The purpose of this fund is to discover new technologies and potential growth prospects, with a ten-year commitment and an allocation of $100 million. Although this financial contribution will aid the company in producing fresh products until 2033, Yamaha's investment has been in the works for quite some time.
Yamaha Motor established Yamaha Motor Ventures (YMV) in Palo Alto, California, in the center of Silicon Valley's innovation culture, in 2015. The business invested in Wi-Fi technology and robots before injecting further capital into the initiative in December 2018 with the launch of the Yamaha Motor Exploratory Fund LP. The inaugural fund established the investment structure by allocating $100 million over a 10-year period. On June 21, 2022, Yamaha Motor committed an extra $100 million to eco-friendly efforts through the Yamaha Motor Sustainability Fund.
“This is our course of action for achieving carbon neutrality. We need to connect with the people/companies that we can share objectives. I do not think that $100m is not enough. I do not believe that only Yamaha Motor can deliver the result. We are happy to be an enabler to create the world where we want to save for our next generations.”
In less than a year, Yamaha Motor has introduced its second Yamaha Motor Exploratory Fund, with a 10-year commitment and $10 million investment, as it looks to explore innovative technologies and business growth potential in transportation, robotics, data/AI, fintech/insurtech, and digital health and wellness through YMVSV. The impact of this latest development fund on Yamaha's future lineups remains to be seen, but it is evident that the company is moving towards hi-tech, eco-friendly products.
Tagged Under
Related Articles
-
Bosch invests 2.5 billion Euros in hydrogen tech / News
Bosch has announced a massive 2.5-billion Euro investment in hydrogen technology leading up to 2030.
-
Verge becomes the first motorcycle brand to deliver a production solid-state battery bike / News
Verge Motorcycles has delivered the world’s first production bike with a solid-state battery, promising huge range and ultra-fast charging.
-
Maxed out: Yamaha NMax 125 Tech Max takes home Design Win / News
Yamaha has once again brought home a win at the Red Dot Awards, this time for the NMax 125 Tech Max. This makes it the 14th year in a row the brand has earned a design award.
-
New Yamaha NMAX ‘Turbo’ debuts in Indonesia / News
Yamaha Indonesia has unveiled the NMAX ‘Turbo’ marking the next generation of the popular maxi-scooter.
-
Yamaha is developing advanced anti-dive suspension technology / News
Yamaha is working on an advanced electronic suspension system with anti-dive properties for both track and street use.
Latest News
-
Vespa marks 80 years of Italian heritage with the Edizione Ottantesimo / News
To mark eight decades in business, Vespa dropped a special edition scooter based on its flagship GTS 310.
-
CFMoto demonstrates the power of the V4 SR-RR with 315.82 km/h run / News
CFMoto teases production V4 SR-RR with a GPS-verified top speed run that's turning heads worldwide.
-
The Harley Davidson Super Glide returns for a limited run of 2,500 units / News
Harley-Davidson revives one of its historic nameplates for 2026, capped at 2,500 units to mark America at 250 years.