OUR GOAL IS TO DEPLOY THE WORLD ’ S SAFEST SELF- DRIVING CARS ON THE UBER NETWORK AND THIS AGREEMENT IS ANOTHER SIGNIFICANT STEP TOWARDS MAKING THAT A REALITY . www . intelligentcio . com INTELLIGENTCIO
////////////////////////////////////////////////////////////// INTELLIGENT VERTICAL : TRANSPORT
UBER ’ S INNOVATIVE TECHNOLOGY MAKING MOVES IN TRANSPORT SECTOR
The transport sector is rapidly evolving to develop mobility services and automated software is a major component of this transformation . Uber Technologies ’ services are available to customers globally and companies such as Toyota and Rydoo are collaborating to become more mobile and more beneficial for businesses .
Toyota Motor Corporation ( TMC ) and Uber Technologies , Inc . ( Uber ) have announced an agreement to expand their collaboration with the aim of advancing and bringing to market autonomous ride-sharing as a mobility service at scale . To accomplish this , technology from each company will be integrated into purposebuilt Toyota vehicles to be deployed on Uber ’ s ride-sharing network .
Separately , Toyota is investing US $ 500 million in Uber .
“ Combining efforts with Uber , one of the predominant global ride-sharing and automated driving R & D companies , could further advance future mobility ,” said Shigeki Tomoyama , Executive Vice President , TMC , and President , Toyota Connected Company . “ This agreement and investment marks an important milestone in our transformation to a mobility company as we help provide a path for safe and secure expansion of mobility services like ride-sharing that includes Toyota vehicles and technologies .”
As Uber and Toyota look ahead to a self-driving future , this partnership will be critical in realising self-driving technology at scale . Uber and Toyota anticipate that the mass-produced autonomous vehicles
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OUR GOAL IS TO DEPLOY THE WORLD ’ S SAFEST SELF- DRIVING CARS ON THE UBER NETWORK AND THIS AGREEMENT IS ANOTHER SIGNIFICANT STEP TOWARDS MAKING THAT A REALITY . www . intelligentcio . com INTELLIGENTCIO
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