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

  • June 7, 2017
    Kapsch offers EETS–compliant Tolling Services
    Kapsch’s Bernd Eberstaller explains how the company’s new Tolling Services will help expand the number and capabilities of EETS services providers. By 2017, the European Electronic Tolling Service (EETS) should have been in operation for several years but it still remains some way away and with several significant hurdles still to be addressed. The concept behind EETS is simple enough: road users should be able to drive across Europe using only a single transponder to pay for all tolls, with the account-han
    Read More
  • May 25, 2016
    EU Transport Commissioner encourages cross-border cooperation
    Opening the 2016 General Assembly of the European Innovation Partnership (EIP) on Smart Cities and Communities (EIP SCC) which aims to improve urban life through more sustainable integrated solutions in transport, energy and ICT sectors, European Transport Commissioner Violeta Bulc challenged cities and companies to cooperate across borders, to accelerate and scale investment. She said: "Cleaner air, safer transport networks, reducing congestion, optimising use of existing infrastructure – these are just
    Read More
  • June 20, 2012
    Multi-modal transport system key to liveable city development
    Malaysia’s Economic Transformation Programme aims to transform Kuala Lumpur into one of the world’s most liveable cities. Mohd Nur Kamal, CEO of SPAD, Malaysia’s Land Transport Commission, explains how a world class multi-modal transport system will be key to reaching that goal Superficially, Kuala Lumpur, or KL as it is commonly known, is the model of a vibrant, modern, cosmopolitan city to equal any in the world. The Petronas Twin Towers, an iconic global symbol of Malaysia, are surrounded by stunningly
    Read More
  • March 22, 2022
    Bridgestone invests in AV transit
    Tyre specialist takes minority stake in US-based AV transport provider May Mobility
    Read More

Highlighted Content