Skip to main content

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.

Related Content

  • February 2, 2012
    Economic stimulus and investment in ITS solutions
    Scott Belcher, President and CEO of ITS America looks at the year ahead
  • October 3, 2012
    Toyota begins testing optimised urban transport system
    Japanese motor manufacturer Toyota Motor Corporation (TMC) has begun tests of Ha:mo, an optimised urban transportation system. The tests involve TMC and its collaborative allies such as the municipal government of Toyota city, Yamaha Motor, Aichi Loop Line, Nagoya Railroad, Aichi Rapid Transit, Meitetsu Kyosho, Chukyo University, Meitetsucom, Hitachi and Meitetsu Bus. Ha:mo is the name being given to TMC-developed systems that seek to provide user, town, and community-friendly transport support through the
  • December 20, 2021
    The scourge of poor air quality and rising pollution levels and how they can be tackled
    Arguably, air pollution is one of the greatest challenges facing our world today. It impacts people, economies and the environment. It is clear that policymakers must act swiftly to improve air quality. ITS has a huge role to play in providing solutions. Here, Swarco, as a solution provider, shares inside tips on how to use modern ITS to save lives, economies and the environment.
  • January 10, 2019
    MaaS Market Conference debates transport’s digital dilemma
    A major restructuring of transport services is underway in a growing number of cities worldwide as new consumer-lead business models threaten the future of traditional operators. That’s the message Paul Campion, CEO of UK innovation agency Transport Systems Catapult, will give to delegates at the opening of ITS International’s 2019 MaaS Market Conference (20-21 March, Inmarsat Conference Centre, London). Campion will argue that the digitisation of transport is driving a move from a supplier-centric system