Articles tagged “toyota”

Uber Secures $1 Billion Funding for Self-Driving Unit Ahead of IPO

Uber Secures $1 Billion Funding for Self-Driving Unit Ahead of IPO

Eric Newcomer, Bloomberg

The autonomous-car unit is a very costly endeavor with Uber not making any profits. But the latest $1 billion investment helps Uber to go on its IPO roadshow with additional fuel.

5 months ago

Here’s Why Hyundai Is Investing Another $250 Million in Ridehailing Service Grab

Here’s Why Hyundai Is Investing Another $250 Million in Ridehailing Service Grab

Raini Hamdi, Skift

Grab is the go-to for motor companies wanting a piece of Southeast Asia’s future mobility market, as Hyundai’s additional tenfold investment shows.

11 months ago

SoftBank, Toyota Partner for Ride-Hailing Service

SoftBank, Toyota Partner for Ride-Hailing Service

Kevin Buckland, Pavel Alpeyev and Ma Jie, Bloomberg

After years of pumping investment money into other ridesharing services, two Japanese giants are giving it a go themselves, first with ride hailing and then autonomous vehicles. The stakes are rising.

12 months ago

Toyota is Getting its Flying Car off the Ground — For a few Seconds

Toyota is Getting its Flying Car off the Ground — For a few Seconds

Yuri Kageyama, Associated Press

We're unimpressed with flying cars to date. Ping us when they make them driverless.

2 years ago

ANA Uses Toyota Racing Car Expertise for New Economy Seats

ANA Uses Toyota Racing Car Expertise for New Economy Seats

Marisa Garcia, Skift

Aircraft seating can benefit from a new player, Toyota Boshoku, which has a fresh perspective and plenty of experience in other transport sectors. These seats are a clever innovation and likely to please more passengers over time than the R2-D2 livery—awesome as that livery is.

4 years ago