Toyota invests $500 million in Uber for Automated vehicle technologies

The companies believe that AVs would be hugely popular among autonomous fleet operators.

28 Aug 2018 | 2739 Views | By Autocar Professional Bureau

Toyota Motor Corporation (TMC) and Uber Technologies, (Uber) today announced that they have agreed to expand their collaboration for bringing to market autonomous ride-sharing as a mobility service at scale. To accomplish this, technology from each company will be integrated into purpose-built Toyota vehicles to be deployed on Uber's ride-sharing ...

This is an Autocar Pro Plus article. Subscribe to continue reading.

Copyright © 2025 Autocar Professional. All Rights Reserved.