Understanding the strength of collaboration to bring innovation to life, Toyota has partnered with a number of academic institutions and invested a large financial sum to further work on materials science and AI. The company anticipates the research will apply to other industries and certainly the research on autonomous driving will shape urban development designs.

Toyota hopes a $35 million research investment will help it "revolutionize" materials science, as well as identify new fuel cell catalysts capable of powering zero-emission and carbon-neutral vehicles.

The $35 million investment will roll out over the next four years, according to a news release from the company.

The Toyota Research Institute has partnered with several universities, companies and research firms in its quest. One of the ground-floor collaborators is the University of Michigan, according to the release.

Read More