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

For more information on companies in this article

Related Content

  • Virtual ticket? It's the future
    January 12, 2024
    We're asking ITS and transportation leaders to give us the heads-up on where mobility is headed in 2024 and beyond. Nick Mackie, head of urban transit at Visa, shares his thoughts
    Read More
  • User based insurance is helping good drivers and identifying the bad ones
    November 28, 2013
    Thomas Hallauer gives an overview of Usage Based Insurance (UBI), an industry that is putting telematic devices into more vehicles than fleet management ever did. The insurance market is going through a transformation phase never seen before. Insurers have not only started to track individual cars for Usage Based Insurance (UBI), they are also using the technology to enhance consumer services as more drivers join up to these schemes. Progressive Insurance in the US has 1.4 million customers signed up to
    Read More
  • Next generation safety technologies from Toyota
    October 14, 2013
    Toyota has revealed two new integrated safety systems designed to reduce the risk of pedestrian collisions and deliver safer driving in traffic, both of which will be brought to market in the next few years. Its auto-steering function for its pre-collision system (PCS) works in conjunction with automatic braking to help the driver avoid an impact, while its automated highway driving assist (AHDA) system keeps the car on an optimum driving line and a safe distance from the vehicle in front.
    Read More
  • TCS to provide HopStop public transport routing
    May 10, 2012
    HopStop, a popular pedestrian navigation and transit routing service covering cities in the US, Canada, Europe and Russia, has been selected by TeleCommunication Systems, a specialist in mobile communication technology to provide public transportation directions for TCS’ navigation services. The HopStop service will extends TCS’ navigation and search functionalities, giving its customers and business partners a location-based ecosystem that connects existing applications and services without the need to cus
    Read More

Highlighted Content