Bridgestone Invests in TIER IV, a Start-up Developing Software for Autonomous Driving

From Bridgestone Press Release

Bridgestone Corporation (Bridgestone) announced  that it will invest in TIER IV, Inc. (TIER IV*1), a start-up which leads the development of “Autoware”*2, the world’s first open-source software*3 for autonomous driving, and provides solutions necessary to  develop and manage autonomous driving vehicles to various partners. Bridgestone will contribute  to establishment  and  deployment  of  autonomous  driving  technology  through  co-creation  with  TIER IV. The Bridgestone Group has been contributing evolution of mobility by supporting autonomous driving technology globally, these activities are aligned with "Extension: Committed to nonstop mobility and innovation that keeps people and the world moving ahead" in the "Bridgestone E8 Commitment."*4

“Autoware”, whose development is led by TIER IV based in Japan, has all functions necessary to design autonomous driving, and has been conducted a large number of on-site testing for implementation of autonomous driving with safety under various  types of environments  all over the world. On July 19 2022, TIER IV was adopted by the Green Innovation Fund promoted by the New Energy and Industrial Technology Development Organization (NEDO) of Japan, as a research and  development  project  related  with  autonomous  driving.

Bridgestone  decided  the  investment  because  it  can  accelerate  to  develop  advanced  tire technologies and next-generation mobility solutions by learning from expertise about autonomous driving technology which TIER IV has. These co-creation activities will contribute to the improvement of safety and efficiency of mobility.

TIER IV and Bridgestone will utilize “Bridgestone Innovation Park”*5, Bridgestone’s new global innovation hub whose full-scale operation  has  started  in  April  2022  for  co-creation.  Particularly they will realize agile R&D activities which repeat the process “develop and test immediately” by experiencing and evaluating performance of mobility with autonomous driving in a proving ground “B-Mobility”

Evaluation of performance of mobility with autonomous driving in “B-Mobility”
Based on its corporate commitment, "Bridgestone E8 Commitment," the Group is committed to realizing and supporting a sustainable society, together with employees, society, its partners, and customers by earning empathy and promoting co-creation.

*1 Click here for more information of Tier IV
*2 “Autoware” is the registered trademark of “The Autoware Foundation”.
*3 Open-source software is software that is distributed with its source code, making it available for use, modification, and distribution with its original rights.
*4 The Bridgestone Group newly established its corporate commitment, the "Bridgestone E8 Commitment" to realize its vision: "Toward 2050, Bridgestone continues to provide social value and customer value as a sustainable solutions company." This commitment will serve as the Group's axis to drive management while earning the trust of future generations. The "Bridgestone E8 Commitment" consists of 8 Bridgestone-like values starting with the letter "E" (Energy, Ecology, Efficiency, Extension, Economy, Emotion, Ease, and Empowerment) that the Group will commit to creating through Bridgestone-like "purpose" and "process," together with employees, society, its partners and customers to realize a sustainable society. https://www.bridgestone.com/corporate/news/2022030101.html
*5 The solutions business, which the Bridgestone Group has identified as a growth business, amplifies value to customers when they use tires. It maximizes the value provided by the Group through coordination with its core tire business. The Group promotes various global initiatives in three businesses: Tire-centric solutions, retail & service, and mobility solutions. By expanding the solutions business, the Group continues to accelerate its growth as a resilient business adaptable to change. Click here for more information about the growth business and the solutions business of Bridgestone (Bridgestone 3.0 Journey 2022 Integrated Report).
*6 Click here for more information of Bridgestone Innovation Park