The strategy, presented at a meeting chaired by Prime Minister Shinzo Abe, also includes plans to allow the development of virtual power plants by the fiscal year ending March 2022, a Reuters report said.
The proposals are part of a larger package of fiscal and economic policies the government aims to compile by the end of the month. The review said the government plans to begin testing a driverless car system on public roads sometime this fiscal year with the goal of launching a self-driving car service for the 2020 Tokyo Olympics. The government will then try to commercialize this system as early as 2022.
Economists see enormous potential in the development of autonomous vehicle and artificial intelligence technologies, which could help businesses cope with an aging and declining workforce. However, Japanese companies have struggled to keep up with their Chinese, European and U.S. counterparts in implementing such innovations into their work practices.