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

  • Decline in global shipments of PNDs
    March 22, 2012
    According to a new research report from the analyst firm Berg Insight, global shipments of personal navigation devices (PNDs) declined to about 33 million units in 2011, while the number of subscribers using a turn-by-turn navigation app or service on their handset doubled in 2011 and reached 130 million worldwide. The subscriber base is forecasted to grow at a compound annual growth rate (CAGR) of 21.9 per cent to reach 340 million users worldwide in 2016.
    Read More
  • change in the US transportation sector
    February 1, 2012
    Transportation for America's James Corless talks about the changes needed in the US's transportation policy. Anew report, 'Smart Mobility for a 21st Century America', highlights how improving efficiency through technology is critical as the US's population grows and ages, budgets tighten and consumer preferences shift.
    Read More
  • change in the US transportation sector
    February 6, 2012
    Transportation for America's James Corless talks about the changes needed in the US's transportation policy. Anew report, 'Smart Mobility for a 21st Century America', highlights how improving efficiency through technology is critical as the US's population grows and ages, budgets tighten and consumer preferences shift.
    Read More
  • Automatic signal control to prevent emergency vehicle collisions?
    March 14, 2012
    Field trials under way in Arizona promise eradication of accidents between emergency vehicles at intersections – as part of a national focus on ‘intelligent signal’ infrastructure. Collisions between police cars, ambulances and fire crews as they reach intersections at the same time, with equal priority given by all signals set on red, are as serious as they sound absurd. For emergency teams and those in need of their help, the consequences are dire. The solution could come from application of connected veh
    Read More

Highlighted Content