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

  • New system expedites border crossings
    October 28, 2016
    Enforcing border controls can create long queues for travellers, David Crawford looks at potential solutions. Long delays at border crossings in both North America and Europe have sparked the development of new queue visualisation and management technologies that are cutting hours, even days, off international passenger and freight journeys. At the westernmost end of the 2,019km (1,250 mile) Mexico–US frontier, two parallel crossings between Tijuana, in the former country, and the border city of San Diego,
    Read More
  • Detection analysis technology successfully predicts traffic flows
    February 3, 2012
    David Crawford investigates new detection analysis technology from IBM. Locations on both the East and West Coasts of the US are scheduled for early deployments of IBM's new Traffic Prediction Tool (TPT) statistical analysis model for the fine-time resolution and near-term prediction of road flow conditions. Developed by IBM's Watson Research Laboratories, TPT is designed to analyse data from the the key detection indicators - average vehicle volumes and speeds passing a location in a given time interval -
    Read More
  • First pan-London Car Club Action Plan launched
    May 21, 2015
    Around 85 per cent of UK car club members already based in London New plan will help reach new joint target of one million London car club members by 2025 Future growth of car clubs will help improve London’s air quality and reduce congestion in the Capital A new ‘strategy for car clubs’ in London has been launched today (21 May), to encourage residents and businesses across the capital to sign up to car club schemes as an alternative to direct car ownership. The new action plan, jointly developed b
    Read More
  • Senior Inrix appointments announced
    July 12, 2012
    Inrix, the international provider of traffic information and driver services, has announced the hiring of four industry leaders from the automotive and mobile industries to drive the company’s European business development and global marketing efforts. In addition, the company is naming former Blue Nile CEO Diane Irvine, to its board of directors.
    Read More

Highlighted Content