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Toyota's Big Robot Bet: 400,000 Robots Needed for Automation, $6.4 Billion Annual Spend by 2028
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CNBC Awaaz•23-09-2026, 12:47
Toyota's Big Robot Bet: 400,000 Robots Needed for Automation, $6.4 Billion Annual Spend by 2028
- •Toyota Motor plans to significantly expand factory automation, potentially costing 1 trillion yen (approximately $6.4 billion) annually starting from 2028.
- •The company estimates approximately 400,000 robots may be needed to achieve its automation goals.
- •The plan involves replacing existing machines and robots, deploying traditional industrial robots, as well as humanoid and non-humanoid robots.
- •Toyota's automation program includes industrial robotics, automated logistics, and technologies for human-robot collaboration on the factory floor.
- •Labor shortages and rising costs are key drivers for the automotive industry's shift towards robotics and automation, with Hyundai also increasing humanoid robot use.
Key Questions Answered
Modernizing Toyota's factories could cost about 1 trillion yen, or approximately $6.4 billion, annually starting from 2028.
Toyota informed investors that approximately 400,000 robots might be needed to achieve its automation goals.
The main reasons cited for moving towards robotics and automation are reducing production costs, modernizing old factory infrastructure, and dealing with labor shortages.
