Toyota And Uber Join Forces In Driverless Car Development
Toyota has officially agreed to partner with Uber and work on autonomous vehicles that will improve safety and help make transportation more affordable
Toyota has invested $500 million in Uber's driverless car pact. This partnership means that Uber and Toyota will work hand in hand to make Toyota Sienna minivans autonomous. Other autonomous car companies like Zoox and Waymo better look out.
The end goal is that these self-driving vehicles would be owned and operated by third party fleet managers and would be used for Uber's transportation services.
While Uber has already been working to build autonomous vehicles, the ride-sharing company was recently met with a fatal crash in Arizona. Now it's working to increase the safety of its self-driving fleet off the road with various improvements.
For a company like Uber, self-driving cars would help alleviate the cost of paying human drivers. For Toyota, “this agreement and investment marks an important milestone in our transformation to a mobility company” according to Toyota’s president Shigeki Tomoyama.
It will definitely be interesting to see how Toyota's investment helps Uber's driverless car pact to develop more efficiently and safely.
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