Toyota invests $394 million in Joby Aviation's flying taxis
The latest funding round brings Toyota's total investment in Joby Aviation to $720 million.
The latest funding round brings Toyota's total investment in Joby Aviation to $720 million.
The move expands the service collaboration agreement that was previously agreed to by the two companies.
Each company will have a 50% stake in the new joint venture.
The Australian arm of the Japanese car giant says it does not believe any employee or customer data was accessed.
Toyota is investing $500 million in ride-sharing giant Uber for the development of self-driving vehicle technologies as part of a wider partnership between the pair.
Toyota Motor has agreed to invest US$1 billion in Southeast Asian ride-sharing operator Grab Holdings, with the funds to facilitate further development in connected cars and mobility.
The new joint venture, Toyota Research Institute-Advanced Development (TRI-AD), will focus on the research and development of self-driving technologies.
Uber and Toyota are in talks to use the ride-hailing service's self-driving technologies in a Toyota minivan model.
Toyota is the latest automaker to add Alexa to its infotainment system.
Pizza Hut is one step closer toward saying goodbye to the delivery guy. It is teaming up with Toyota on a driverless delivery truck that is set to begin testing in 2020.