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

  • Flexibility, interoperability is key to future traffic management
    February 3, 2012
    Jon Taylor of Faber Maunsell and Tabatha Bailey of Transport for London describe how an unusual mix of traffic practitioners, researchers and industry are working together to build new tools for the future. As we face higher expectations for managing congestion from both citizens and politicians, and as more and more data is becoming available from new sources, our traffic management challenge is changing.
    Read More
  • Multi-modal transport management platform from Cubic
    October 10, 2016
    Cubic Transportation Systems is showcasing a range of advanced ITS solutions, including the company’s integrated, multi-modal transport management platform, at the ITS World Congress Melbourne. Cubic’s feature-rich platform incorporates a range of functions to connect previously fragmented and silobased traffic control and public transport systems.
    Read More
  • M2M smart parking solution
    November 15, 2012
    Spanish telecommunications provider Telefónica and US-headquartered smart parking solutions supplier Streetline have joined forces to offer telematics-enabled smart parking services that allow cities to optimise parking management, while reducing vehicle traffic. The companies have reached an agreement to jointly market M2M (machine to machine) products designed to target the growing smart parking market, initially in Europe and Latin America. The solution will be part of the Telefónica Smart City platform
    Read More
  • UK government to invest in autonomous cars, low emission vehicles
    November 24, 2016
    Presenting his Autumn Statement, Chancellor Philip Hammond announced investment in transportation, including £390 million for future transport and a major new investment in the UK transport infrastructure. The £390 million investment in future technology includes: investment in testing infrastructure for driverless cars; provision of at least 550 new electric and hydrogen buses, reduce the emissions of 1,500 existing buses and support taxis to become zero emission; installation of more charging points fo
    Read More

Highlighted Content