Mexican Media Brands
Toyota in $500 Million Deal with Uber on Self-Driving Cars
Toyota Motor Corp. plans to invest $500 million in Uber Technologies Inc. and collaborate with the ride-hailing service to develop autonomous-vehicle technologies, according to media reports.
Share
Toyota Motor Corp. plans to invest $500 million in Uber Technologies Inc. and collaborate with the ride-hailing service to develop autonomous-vehicle technologies, according to media reports.
Reports say the companies will partner on advanced capabilities that combine Uber’s system with Toyota’s Guardian semi-autonomous platform. The resulting highly autonomous system will be installed in Toyota-brand vehicles and deployed within Uber’s ride hailing fleet.
Both companies are generally considered to be lagging in driverless-car-system development. Uber shut down its in-house program in March after one of its test cars killed a pedestrian in Arizona.
RELATED CONTENT
-
On Automotive: An All Electric Edition
A look at electric vehicle-related developments, from new products to recycling old batteries.
-
Robotic Exoskeleton Amplifies Human Strength
The Sarcos Guardian XO Max full-body, all-electric exoskeleton features strength amplification of up to 20 to 1, making 200 pounds—the suit’s upper limit—feel like 10 pounds for the user.
-
On Fuel Cells, Battery Enclosures, and Lucid Air
A skateboard for fuel cells, building a better battery enclosure, what ADAS does, a big engine for boats, the curious case of lean production, what drivers think, and why Lucid is remarkable
