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.
In a pilot project, a new self-driving car is to be deployed on the Uber ride-sharing network in 2021. The two companies will also consider operating mass-produced autonomous vehicles, as well as the option of bringing in mutually agreed upon third-party operators for the autonomous fleet.
