Toyota has concluded an agreement with Didi Chuxing to expand collaboration in Mobility as a Service (MaaS) in China. As part of this agreement, the automaker will invest 600 million U.S. dollars in DiDi and the companies will establish a joint venture with GAC Toyota Motor Co., Ltd. (GTMC) for vehicle-related services for ride-hailing drivers.
The companies have earlier collaborated on e-Palette and launched vehicle-related services, including a vehicle leasing service and various services for DiDi ride-hailing drivers at a Toyota dealer. Those cars are equipped with Toyota’s in-vehicle device, TransLog, leveraging intelligent analysis capabilities of Toyota’s proprietary Mobility Services Platform (MSPF) to provide quality automobile maintenance support and safe driving guidance to ride-hailing drivers.
Through this new agreement, the companies plan to shift to full-scale implementation of services that they have been developing in China. By creating more-efficient and high-quality ride-hailing businesses, the two companies will provide mobility service solutions that contribute to Chinese society.
The collaboration will allow to expand the various connected services provided by MSPF in its value chain including vehicle management, maintenance, insurance, and financing for customers and drivers to realize the high potential of the MaaS market in China.
The automaker also aims to introduce and promote the widespread use of battery electrified vehicles (BEVs) suitable for future mobility services in China.
Source: Press Release