Toyota to invest $500m in Uber for self-driving cars

By on
Toyota to invest $500m in Uber for self-driving cars

In bid to catch up to rivals.

Toyota will invest $500 million in Uber to jointly work on developing self-driving cars, a source familiar with the matter said on Monday, a bid by both companies to catch up to rivals in the hotly competitive autonomous driving businesses. Toyota, one of the world's largest carmakers and Uber, ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:
autonomous driverless finance selfdriving toyota uber

Sponsored Whitepapers

Building a ransomware remediation backup strategy
Building a ransomware remediation backup strategy
Forrester's Asia Pacific Predictions 2021 Guide
Forrester's Asia Pacific Predictions 2021 Guide
Adopting a Next-Generation Data Security Approach
Adopting a Next-Generation Data Security Approach
How to be a SOAR winner
How to be a SOAR winner
3 steps to a well-rounded cybersecurity plan
3 steps to a well-rounded cybersecurity plan

Events

Most Read Articles

COVIDSafe data 'incidentally' collected by intelligence agencies in first six months

COVIDSafe data 'incidentally' collected by intelligence agencies in first six months
Australia's head of cyber warfare exits

Australia's head of cyber warfare exits
Long list of vulnerable Fortinet SSL VPNs published

Long list of vulnerable Fortinet SSL VPNs published
Deloitte Australia launches new software engineering practice

Deloitte Australia launches new software engineering practice
You must be a registered member of iTnews to post a comment.
| Register

Log In

Username / Email:
Password:
  |  Forgot your password?