ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Sharing Economy

Toyota to pump $500m more into Uber

Partners look to deploy self-driving car on ride-hailing network by 2021

Uber froze its development efforts in self-driving vehicles earlier this year after a fatal accident but may hope to restart them under strengthened ties with Toyota.   © Reuters

PALO ALTO, U.S. -- Toyota Motor on Tuesday announced it will invest an additional $500 million in Uber Technologies, in a move aimed at expanding its partnership with the American ride-hailing company beyond vehicle leasing to the development of self-driving cars.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more