Toyota and Uber expand collaboration with automatic driving vehicle technology, Toyota will invest 50 billion yen or more

by Jason Lawrence

Toyota announced that it will invest 500 million dollars (about 55 billion yen) against Uber Technologies known for dispatch service. Both companies are collaborating since 2015, but they said that they would further expand collaboration to promote the development of ride sharing services utilizing automatic driving technology and to introduce them to the market.

Toyota Motor Corp. and Uber expand cooperation with technology related to automatic driving vehicles | CORPORATE | Toyota Global News Room
https://newsroom.toyota.co.jp/en/corporate/24330859.html

Uber and Toyota Team Up on Self-Driving Cars | Uber Newsroom US
https://www.uber.com/newsroom/uber-toyota-team-self-driving-cars/

According to the announcement, equipped with Uber's automatic driving kit and Toyota's Guardian (advanced safety driving support) system in Toyota's minivan "Siena", it was converted into a vehicle dedicated to the automatic driving mobility service "Autono-MaaS", and in 2021 Uber It is planned to introduce it to the ride sharing network of.

Toyota Research Institute CEO Gil Platt said, "Both Uber's automated driving kit and Toyota's Guardian System doubly monitor the surroundings in real time to increase the overall safety of the vehicle We are looking forward to this collaboration to accelerate the development and introduction of both companies' automatic driving technologies. "