Japanese automaker Toyota is "exploring rockets," chairman Akio Toyoda announced on stage at CES 2025 on Monday, while hinting at the idea of moving

A Toyota research unit will invest in Japanese startup Interstellar Technologies (IST) to support mass production of its rockets, the world's biggest carmaker group said on Tuesday, expanding its foray into the space sector.

Toyota Motor is exploring the development and production of orbital rockets, Chair CEO Akio Toyoda said Monday.

Toyota Motor is investing ¥7 billion ($44 million) in startup Interstellar Tech to mass produce lightweight rockets, aiming to compete in the commercial space industry.

Toyota is providing updates to its ambitious Woven City project, the carmaker’s planned community at the base of Mt. Fuji. Announced at CES 2020, the project aims to have up to 2,000 people coexist with Toyota’s autonomous cars and drones.