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

  • January 10, 2013
    Need for simpler urban tolling solutions
    A common assumption, even amongst informed observers, is that there’s but a handful of urban charging schemes in operation around the world and scant prospect of that changing any time soon. Larger city-sized schemes such as Singapore, London and Stockholm come readily to mind but if we take a wider view and also consider urban access control and Low Emission Zones (LEZs) then the picture changes rather radically. There is a notable concentration of such schemes in Europe but worldwide the number is comfort
    Read More
  • March 1, 2019
    MaaS Market London takes practical view of MaaS technology
    Practical applications of new and developing technologies in the transport sector will dominate the agenda at the fourth MaaS Market conference taking place in London on March 20-21. City authorities, transport operators and senior tech industry presenters will discuss their direct experience of participating in Mobility as a Service (MaaS) projects while addressing issues such as data exchange, payment systems, interoperability and political accountability. These will include Lauri Suokannas of Taksi
    Read More
  • February 3, 2012
    Consumer telematics driving automotive electronics
    This year's Consumer Electronics Show in Las Vegas was characterised by consumer telematics solutions, writes Dave McNamara
    Read More
  • August 9, 2019
    Toyota invests $600m in China’s DiDi and sets up joint venture
    Toyota is to invest $600 million in Chinese ride-hailing company DiDi Chuxing and will form a joint venture to develop vehicle-related services for its drivers. The partners intend to expand the connected services of Toyota’s Mobility Services Platform to include vehicle management, maintenance and financing for customers and drivers. Toyota also plans to promote the widespread use of battery electric vehicles for future mobility services in China. The joint venture also includes Toyota’s partne
    Read More

Highlighted Content