Gate News bot: DIMO, a decentralized automotive data platform, today announced that it will form a joint venture with Web3 company Hakuhodo KEY3 to enter the Japanese market, targeting automakers who are facing high infrastructure costs and increasingly stringent privacy regulations. Ryo Hayashi, CEO of DIMO Japan, said in a statement: "Japan remains an integral part of the global market, with major automakers, Tier 1 suppliers and mobility innovators concentrated in Japan. Our current focus is on expanding the DIMO platform and allowing local companies to integrate with it. Hayashi said the move will help remove "infrastructure barriers" that automakers, service partners and third-party developers want to "build and innovate" with their platforms.