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28 08 2018 04

Toyota and Uber are partnering to bring an on-demand autonomous ride-hailing service to market, a deal that includes a $500 million investment from the Japanese automaker.

Under the agreement, Toyota Sienna minivans will be equipped with Uber’s self-driving technology and then deployed on the ride-hailing company’s network, the companies said.

The deal, which was first reported by the WSJ and later confirmed with new details by TechCrunch, is unusual because a third—and yet unnamed fleet operator—would own and operate the mass-produced autonomous vehicles. Pilot-scale deployments will begin on the Uber ride-sharing network in 2021, the companies said.

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Tags: Mobility

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