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28.08.2018 15:21
Toyota will invest 500 million in the autonomous car of Uber
Uber has so far used Volvo or Ford cars in its stand-alone car design.
AUTHOR: publics.bg


  • © Toyota

The Japanese company is investing to breathe new life into the design of the American brand to gain advantage over rivals Tesla and Audi in the race for the car robot, DN Insider reports.

In March 2018, Uber's self-drive program had a major setback, following an accident that killed a pedestrian in Arizona, USA. Now it will receive a new boost with the investment of 430 million euros from the car giant Toyota.

The ambitious goal of the Japanese company is to rival the advances of Tesla and Audi in order to use the new-developed technology in order to have autonomous vehicles in 2021. Uber has been directing its business, having dropped the project of autonomous trucks, but keeping the autonomous car program.

The investment has already predicted Toyota's first tests with stand-alone cars by 2020. The brand wants them to include artificial intelligence in all relevant areas and voice recognition that will allow vehicles to talk to drivers.
 In March, Toyota had already invested 2.4 billion euros in setting up a research sub-company to build the software that will power the brand's self-drive cars, making them safe and reliable for consumers.

"The idea behind this investment was to create a company without restrictions typical of traditional companies, with a global team that works as a startup," a Toyota spokesman told the Wall Street Journal. The connection with Uber is based on the strategy of the brand to leave its comfort zone and bet on partnerships.


TAGS: Toyota | Uber | self-driving cars | autonomous vehicles | cars | automobile | industry | investment 


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