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Toyota is investing in Uber

Engadget Engadget 24/05/2016 Timothy J. Seppala
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Toyota is expanding its ride-sharing initiatives by investing in Uber, according to Bloomberg. The publication says that the pair have "entered into a memorandum of understanding to explore collaboration in ride-sharing." Sure. In 2014, Toyota started testing its own ride-sharing service in France, but I'm willing to bet that this new deal won't mean your next Uber will be one of those cute i-Road electric cars. By partnering with Uber, the Japanese car manufacturer is able to skip the hassles of setting up its own infrastructure -- unlike, say General Motors and its ZipCar-like Maven service -- and still be a part of the scene.



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