Mexican Media Brands
Report: Toyota May Invest $549 Million in DiDi Chuxing
Toyota Motor Corp. is studying a move to invest some 60 billion yen ($549 million) in DiDi Chuxing, China’s largest ride-hailing service.
Share
Toyota Motor Corp. is studying a move to invest some 60 billion yen ($549 million) in DiDi Chuxing, China’s largest ride-hailing service, according to The Nikkei.
The newspaper says Toyota also may launch its own mobility services company in China. Earlier this month Daimler AG and Zhejiang Geely Holding Group, which launched a ride-hailing service in China last October, also formed a company to offer mobility services in China.
Toyota also has made big investments in existing ride-hailing services such as Grab in Singapore and Uber in the U.S.
RELATED CONTENT
-
Rage Against the Machine
There have been more than 20 reported attacks against Waymo’s self-driving fleet in Chandler, Ariz., since the company began testing the technology on public roads there two years ago.
-
BMW and Daimler: Almost Unimaginable
While we are probably not at the edge of the Apocalypse, the joint announcement coming from BMW Group and Daimler AG today is something that most people probably didn’t expect and might have seemed Apocalyptic not all that long ago.
-
Report Predicts Limited Impact of Autonomous Tech on Professional Drivers
A new study says autonomous vehicles will displace some taxi drivers but have only a modest impact on the number of truck driver jobs over the next 10 years.
