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 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
-
Increasing Use of Structural Adhesives in Automotive
Can you glue a car together? Frank Billotto of DuPont Transportation & Industrial discusses the major role structural adhesives can play in vehicle assembly.
-
Multiple Choices for Light, High-Performance Chassis
How carbon fiber is utilized is as different as the vehicles on which it is used. From full carbon tubs to partial panels to welded steel tube sandwich structures, the only limitation is imagination.
