Toyota Motor Corporation has agreed with Didi Chuxing (DiDi) to invest $600 million to expand collaboration in mobility as a service in China.
The two companies plan to create vehicle-related services for ride-hailing drivers.
The cars being used are equipped with Toyota’s in-vehicle device Trans Log, using the intelligent analysis capabilities of Toyota’s mobility platform.
The collaboration is expected to allow Toyota and DiDi to expand various connected services of the Toyota mobility platform.
"DiDi is committed to help cities achieve new energy and smart transportation goals with partners from home and abroad,” stated Stephen Zhu, senior vice president of DiDi. “We look forward to combining DiDi's expertise in AI-based large-scale mobility operations and Toyota's connected vehicle technology to build a next-generation intelligent transportation framework for sustainable cities."