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

  • BMW and Toyota collaborate
    June 25, 2012
    BMW Group and Toyota Motor Corporation (TMC) have signed a memorandum of understanding (MOU) concerning a mid to long term collaboration on next-generation environmentally friendly technologies. Under the partnership, the two companies have agreed to collaborate on development of lithium-ion battery technologies and to identify and discuss other possible collaborative projects. In addition, Toyota Motor Europe (TME), TMC’s European subsidiary, and BMW have entered into a contract under which BMW will supply
    Read More
  • London conference hears EC calls for input on MaaS
    February 22, 2018
    “Tell us what you need the European Commission to do to help Mobility as a Service (MaaS), and I promise I will do my best to fix it,” was the call from Paivi Wood, policy officer in the EC’s DG Move to delegates to ITS International’s second MaaS Market Conference. Several delegates identified a lack of co-operation by bus, train, taxi and other transit companies as the biggest hurdle to implementing MaaS in many parts of Europe and while pledging to act where she could, Wood said such legislation would b
    Read More
  • Road user charging potential solution to transportation problems
    December 14, 2012
    A number of new and highly significant open road tolling schemes have just been launched or are soon to ‘go live’. Systems of road user charging are flexing their muscles as the means to solve politically sensitive transportation problems, reports Jon Masters. Gothenburg, January 2013, will be the time and place for the launch of the next city congestion charging scheme in Europe. In a separate development, Los Angeles County’s tolled Metro ExpressLanes began operating in November 2012 – the latest in a ser
    Read More
  • Shell will ‘help support global expansion’ of Masabi
    February 11, 2020
    Oil giant Shell is to invest an undisclosed amount in ticketing company Masabi.
    Read More

Highlighted Content