Toyota, Uber to jointly develop autonomous cars
- Toyota has announced that it will invest US $500 million in ride-sharing firm Uber in order to facilitate the latter’s autonomous car program.
- The plan is to develop and mass produce autonomous cars which would then be utilised in Uber’s ride sharing fleet.
- The project is christened ‘Autono-MaaS’. In its initial phase, it will deploy self-driving vehicles based on the Toyota Sienna platform which will use Uber’s Autonomous Driving System and Toyota’s Guardian automated safety support system.
- Investment from Toyota will give Uber’s autonomous car program a much needed boost, as it was previously halted following a fatal crash involving one of its self-driving cars.
- Shigeki Tomoyama, executive vice president of Toyota said, “This agreement and investment marks an important milestone in our transformation to a mobility company as we help provide a path for safe and secure expansion of mobility services like ride-sharing.”