Toyota invests $500 million in Uber to bring autonomous ride-sharing services to the streets

Autonomous vehicles promise to revolutionize the way we get around, and with the combination of self-driving vehicles and ride-sharing services threatening to put a dent in car ownership levels, vehicle manufacturers are looking to align themselves with ride-sharing companies. In 2016, General Motors announced a US$500 million investment in Lyft to develop autonomous ride-sharing vehicles, and now Toyota has announced a similar investment in Uber with the same goal in mind.

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Category: Automotive

Tags:

• Autonomous Vehicles
• Ride-sharing
• Self-Driving
• Toyota
• Uber

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