July 25 - 12:07
Toyota to invest $600 million in Chinese ride hailing firm Didi
Toyota has pledged to invest $600 million in Chinese ride-hailing company Didi Chuxing, in an agreement that will see the two companies launch a JV to develop EV technology. Toyota and DiDi plan to shift to full-scale implementation of services that they have been developing in China. Didi and Toyota said last year that it would work together on services that use technology developed by Toyota.
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