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

  • Daktronics adds strength to global operations
    August 26, 2014
    A talking point on the Daktronics booth at the ITS World Congress Detroit will be the implications of the company’s recently announced agreement to purchase Data Display, a transportation focused display company. Data Display has manufacturing and engineering capabilities in Ireland and has served customers across the European Union and United States. With a focus in the mass transit industry for more than 30 years, Data Display specialises in providing electronic displays for real-time passenger informati
    Read More
  • Milestone for Econolite’s Centracs
    April 3, 2012
    Econolite has announced that in just three years, it has reached a major industry milestone with an order for the 100th Centracs Advanced Transportation Management System (ATMS). To be installed in Georgia, the software system will be deployed as part of the city of Johns Creek’s ITS master plan that provides the vision and strategy for the future development of the city’s traffic operations.
    Read More
  • Increased use of bio-fuels would enable Finland to achieve EU emissions goals
    June 16, 2014
    Finland’s technical research centre VTT and the Government Institute for Economic Research (VATT) have completed a study commissioned by the Ministry of Employment and the Economy and the Ministry of the Environment, assessing the impact of the EU's 2030 Climate and Energy Framework on Finland's energy system and national economy. The increased use of second-generation bio-fuels in road transport would provide Finland with the most cost-effective way of achieving the greenhouse gas emissions goals presente
    Read More
  • ARTBA proposes path to breaking gridlock on transportation funding
    March 13, 2015
    The American Road & Transportation Builders Association (ARTBA) has outlined a detailed proposal it believes could end the political impasse over how to fund future federal investments in state highway, bridge and transit capital projects. The ‘Getting beyond gridlock’ plan would marry a 15 cents-per-gallon increase in the federal gas and diesel motor fuels tax with a 100 per cent offsetting federal tax rebate for middle and lower income Americans for six years. The plan, ARTBA says, would fund a US$401 bil
    Read More

Highlighted Content