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

  • Masabi, Keolis and Famoco launch mass market mobile ticket validator
    October 31, 2017
    Masabi and Keolis, through its digital subsidiary Kisio Digital (KD) and Famoco, has launched a mass market mobile ticket validator that reduces the cost of over a thousand dollars per unit on previous models with a new device priced in the hundreds. It is designed with the intention of enabling multi-door boarding, which reduces bus dwell time and increases average bus speed. The device is currently being piloted in the public transport network of Orléans Métropole, in collaboration with Keolis Orléans
    Read More
  • Masabi, Keolis and Famoco launch mass market mobile ticket validator
    October 31, 2017
    Masabi and Keolis, through its digital subsidiary Kisio Digital (KD) and Famoco, has launched a mass market mobile ticket validator that reduces the cost of over a thousand dollars per unit on previous models with a new device priced in the hundreds. It is designed with the intention of enabling multi-door boarding, which reduces bus dwell time and increases average bus speed. The device is currently being piloted in the public transport network of Orléans Métropole, in collaboration with Keolis Orléans
    Read More
  • Gogoro to list on Nasdaq
    September 24, 2021
    Battery-swap firm says it has accumulated more than $1bn revenue in less than five years
    Read More
  • Fleet management systems to reach 7.1 million in Europe by 2018
    October 15, 2014
    According to a new research report from analyst firm Berg Insight, the number of active fleet management systems deployed in commercial vehicle fleets in Europe was 3.65 million in quarter 4 2013. Growing at a compound annual growth rate (CAGR) of 14.2 per cent, this number is expected to reach 7.10 million by 2018. A group of international aftermarket solution providers has emerged as leaders in the European fleet management market. Masternaut reported an active installed base of close to 350,000 units
    Read More

Highlighted Content