0719 GMT - Toyota Motor has the characteristics required to establish a meaningful presence in robotics, Goldman Sachs says in a note. Those include urgency in addressing supply-chain pressures associated with the shift to electric vehicles, hardware and software technology and management's positioning of robotics as a growth strategy. Continuous advancements in physical artificial intelligence are accelerating the development of humanoid robots, the U.S. bank says. The automotive industry is uniquely positioned to support the mass production of humanoid robots, the bank says. Toyota could produce about 190,000 to 540,000 humanoid robot units in 2035, implying a global market share of about 3%-8%, Goldman Sachs says.
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