Toyota has invested $600 million in Chinese car-hailing platform Didi Chuxing as part of an expanded Mobility-as-a-Service collaboration agreement the two companies have in place in China. Under the deal, Toyota and Didi will also enter into a joint venture with GAC Toyota Motor -- a joint venture between Toyota and China's GAC Group -- to provide vehicle-related services for Didi's drivers network.
July 26 2019 1:08 pm