Toyota is investing in Uber

Toyota is investing in Uber

Robert Galbraith / Reuters

Toyota is increasing its journey-sharing initiatives by investing in Uber, based on Bloomberg. The publication says that the pair have “entered right into a memorandum of understanding to discover collaboration in journey-sharing.” Positive. In 2014, Toyota began testing its personal journey-sharing service in France, however I am prepared to guess that this new deal will not imply your subsequent Uber can be a type of cute i-Street electrical automobiles. By partnering with Uber, the Japanese automotive producer is ready to skip the hassles of establishing its personal infrastructure — in contrast to, say Common Motors and its ZipCar-like Maven service — and nonetheless be part of the scene.

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