Beginning in fall 2025, 100 residents known as “weavers” will move to the city, with that number expected to expand to 360 during phase one. Eventually, Toyota says, up to 2,000 people will reside in the city. They will primarily be employees of Toyota or Toyota’s Woven by Toyota mobility tech company.

Toyota Motor Corp. plans to move in the first 100 residents of a futuristic city at the base of Mount Fuji in Japan by as soon as this fall, but declined to specify how much the ambitious project is costing the company.

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 Corp. is investing in a Japanese startup that aims to mass produce lightweight rockets and someday vie with big players for a slice of the growing commercial space industry.

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