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

  • Sorting sensible from shiny in tolling technology
    December 11, 2014
    Instead of always striving for the latest shiny toys Kevin Hoeflich of HNTB advises a 10-steps method for selecting the most appropriate technology. Amid the hype and razzmatazz surrounding the launch of Apple’s iPhone 6, the company also announced its new mobile payment system, Apple Pay. Built into the new iPhone 6, Apple Pay works at 220,000 merchants across America and is supported by major US banks and the big three credit card companies.
    Read More
  • P3s offer new options for public transit agencies
    March 28, 2018
    David Crawford welcomes new US guidance on public-private partnerships in the public transit sector. Public-private partnerships (P3s) are becoming increasingly favoured as a means of cost-effectively delivering much-needed public transit projects across the US. Previously, researched examples have tended to be on the large-scale while information on the potential for smaller, more localised schemes has been comparatively sparse. In a bid to fill that gap, the ‘Public Transportation Guidebook for Small
    Read More
  • Promoting wider access to latest generation VMS
    November 22, 2012
    Derbyshire based Mobile Visual Information Systems (MVIS) and Safety Vehicle Hire and Lease (SVHL) from Leicestershire have joined forces in a deal that they say will not only enable wider market access to the latest generation of variable message signs (VMS), but which they hope will also promote the case for legislative evolution facilitating the greater efficiency of the UK’s road network. MVIS supplies mobile and solar powered monitoring and visual information systems, including VMS, to the traffic mana
    Read More
  • Better websites build smarter transport participation
    March 17, 2017
    Transport initiatives are gaining traction through well-designed websites. Four European smart transport-oriented websites have gained honours in the 2016 .eu Web Awards, an online competition inaugurated in 2014 to recognise the most impressive sites within the .eu internet domain in terms of their design and content. The four were among 15 finalists across all five categories of the scheme, giving the transport sector a high profile for its proactive use of sites as communications tools for driving major
    Read More

Highlighted Content