Toyota invests in MaaS Global to develop integrated mobility solutions

Toyota Financial Services (TFS) and its insurance partner have announced a significant investment in the Finnish company MaaS Global, which was established in April 2016 to provide multi-modal transportation services.
June 21, 2017 Read time: 1 min

1686 Toyota Financial Services (TFS) and its insurance partner have announced a significant investment in the Finnish company 8571 MaaS Global, which was established in April 2016 to provide multi-modal transportation services.

Through its ‘Whim’ App, MaaS Global enables customers to purchase a monthly subscription package that is tailored to their transportation needs (currently this includes public transport, e-hailing and car rental). The app is already operating in Helsinki with plans this year to expand to three other major cities in Europe and then expand to other cities around the Globe.

TFS is investing to explore a co-operation model for multi-modal mobility solutions, including the necessary technology. TFS will help MaaS Global accelerate market entry and build a long term and loyal customer base.

Networking & Communication Systems

Related Content

  • February 26, 2021
    Creating foundations for European MaaS model
    Public transport is backbone of Mobility as a Service in Europe, says Piia Karjalainen
    Read More
  • June 15, 2018
    Toyota puts $1bn into ride-hailing service Grab
    Toyota Motor Corporation is investing $1 billion in Grab Holdings, the Singapore-based ride-hailing platform provider. Grab, which has merged with Uber in south-east Asia, offers services which use a variety of transport modes, from bicycles and shuttle buses to cars and taxis. The companies say Toyota’s investment means they will also “strengthen and expand their existing collaboration in the area of connected cars, to drive the adoption of new mobility solutions across south-east Asia”.
    Read More
  • December 5, 2016
    MaaS Markets conference leads delegates from concept to delivery
    MaaS Market is ITS International’s first conference and will provide delegates with the information they need to move from concept to delivery.
    Read More
  • May 1, 2018
    Arup partners with MaaS Global to develop services
    Consultant Arup will assist MaaS Global by providing consultancy services related to the development and deployment of Mobility as a Service (MaaS). The collaboration intends to provide an offering that rivals car ownership across cities. MaaS Global’s mobile app, Whim, is available in Helsinki, Finland and has just made its UK debut in the city of Birmingham. The company has grand ambitions for Whim, looking to roll it out to 60 countries in the next five years. David O'Keeffe, director and digital
    Read More

Highlighted Content