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Toyota investing $500M in Uber; to launch autonomous-mobility as a service fleet

By Sudarshana Banerjee

Toyota is investing $500 million in Uber. The two companies are also expanding their autonomous ride-sharing collaboration, integrating their technology jointly into purpose-built Toyota vehicles to be deployed on Uber’s ride-sharing network.

The initial “Autono-MaaS” (autonomous-mobility as a service) fleet will be based on Toyota’s Sienna Minivan platform, the companies said in a statement.

Uber’s autonomous driving system and the Toyota Guardian automated safety support system will be integrated into the Autono-MaaS vehicles. Toyota will also utilize its Mobility Services Platform (MSPF), its core information infrastructure for connected vehicles.

Uber and Toyota say they anticipate that the mass-produced autonomous vehicles will be owned and operated by mutually agreed upon third party autonomous fleet operators.

Pilot-scale deployments will begin on the Uber ride-sharing network in 2021.

Toyota’s investment in Uber and the proposed collaboration are subject to standard regulatory approvals.

[Image courtesy: Toyota]

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