Toyota Earns Spot on List of World’s 50 Smartest Companies

There is no shortage of brains at Toyota and this is evident by its placement on the MIT Technology Review’s list of the World’s 50 Smartest Companies.

“We’re very grateful to be recognized by MIT…” said Jim Lentz, chief executive officer of Toyota Motor North America, in a statement. “Toyota’s scientists are committed to innovation and leading the way to a future of mobility that is cleaner, safer, and provides freedom of mobility for all.  In the spirit of kaizen, Toyota is committed to improving every day in the service of our customers and society.”

Toyota was ranked 17th on the list and was one of only two automakers to earn a spot. It even ranked higher than global tech giants like Intel, Microsoft, and IBM. To earn a place on the list, editors look at companies that “best combine innovative technology with an effective business model.”

2016 Toyota Fuel Cell Vehicle Mirai
Toyota earned high marks from MIT Technology Review for the release of the hydrogen-powered Mirai

Editors praised Toyota for its new Toyota Research Institute, which will focus on robotics, artificial intelligence, and the future of mobility. Toyota also earned high marks for the release of the hydrogen-powered Mirai along with Toyota’s dedication to building a strong network of hydrogen refueling stations.

Come visit us today at Krause Toyota to see the intelligent Toyota lineup that includes the Prius family, powerful Tundra, and stunning Avalon. Who knows, you might just feel smarter once you start driving one.

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