Toyota and Uber have entered a partnership with a view to developing driverless taxis of the future, although the initial developments will be in ridesharing services.
The two companies say they will explore collaboration, starting with trials, in the world of ridesharing in countries where ridesharing is expanding, taking various factors into account such as regulations, business conditions, and customer needs.
As part of the partnership, Toyota Financial Services Corporation and Mirai Creation Investment Limited Partnership are making a strategic investment in Uber. [Read more…] about Toyota teams up with Uber with a view to driverless taxi future