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

  • Jeddah juggles transport needs of residents, pilgrims and tourists
    December 22, 2015
    Mass pilgrimages, new tourists and a growing population lead Jeddah to seek some smart transport solutions as David Crawford finds out. Rationalising traffic movement and public transport in a major Middle Eastern business and tourist centre that is also a gateway for millions of religious pilgrims every year is the challenge for the 20-year Jeddah Strategic Plan and the Jeddah Public Transport Programme (JPTP) it spawned. The latter is costed at US$8bn.
    Read More
  • Trafficware: Digitised transport tech ‘is the new asphalt’
    April 16, 2019

    Trafficware provides the tech to manage intersections all over the world. Colin Sowman asks CEO Jon Newhard about the ‘questions behind the questions’

    Last year, Trafficware CEO Jon Newhard negotiated the company’s acquisition by Cubic Corporation and now serves as general manager of Trafficware within Cubic’s Transportation Systems business unit.

    Read More
  • Cubic’s director of mobile shares predictions for 2018
    December 22, 2017
    Robert Spogis, Cubic’s director of mobile shared his 2018 predictions on how the transport sector will be transformed through the adoption of a mobile infrastructure as its popularity grows and how transit apps will leverage AI/machine learning to provide more personalised commuter experiences. In addition, he estimated that mobile technology such as Near Field Communications and Bluetooth will provide simpler and more intuitive ticketing methods than traditional paper tickets.
    Read More
  • Wi-Fi win-win for mass transit
    October 31, 2014
    David Crawford explores passenger and operator benefits of on-board Wi-Fi Urban commuters’ growing demand for continuous – and reliable - internet connectivity is spurring network operators into the rapid installation of high-grade Wi-Fi access on their surface and underground networks, as well as in their stations. Such moves are often a key part of strategies to maintain and increase ridership levels.
    Read More

Highlighted Content