Toyota Establishes New Mobility Service Unit

  • Emma Sandler
  • December 22, 2017
Toyota Motor Corp. will merge its subsidiary Toyota Fleet Leasing Co. Ltd. with its second-tier subsidiary Toyota Tokyo Rental & Leasing Co. Ltd. to establish a new company — Toyota Mobility Service Co. Ltd. — on April 1, 2018, the company announced yesterday. Specific initiatives of Toyota Mobility Service Co. include collaborating with Toyota’s in-house […]

Toyota Financial Collaborates With Ride-Hail Service Grab

  • Emma Sandler
  • August 30, 2017
Toyota Financial Services — along with Toyota Motor Corp. and Aioi Nissay Dowa Insurance Co. — are forming a collaboration with Southeast Asia ride-hailing giant, Grab, the companies announced today. Last Updated: 30th August, 2017, 12:08 PM

Key to ‘Winning’ in Mobility Is Data, According to Blockchain Startup

  • Diana Asatryan
  • June 14, 2017
Rideshare, autonomous vehicles, tech companies getting into manufacturing — these trends, among others, have prompted traditional carmakers to review their own business processes. So, what’s the key to “winning” in this new world? Data, according to Chitra Ragavan, chief communications officer at blockchain startup GEM. “With Uber and Lyft and other companies in the space, […]

Non-Profit Lender Mulls Options for Insurance and EV Loans

  • Emma Sandler
  • May 25, 2017
On the Road Lending is working on ways to scale its character-based lending model — to potentially include auto insurance — and expand its program geographically, following the three grants it received from Toyota Motor Co. earlier this month,  Mobility Finance has learned. On the Road Lending (OTRL) is a non-profit founded in Texas in 2013, and works […]

4 Blockchain Startups Leading Toyota’s Mobility Efforts

  • Diana Asatryan
  • May 24, 2017
Many (if not all) major lenders and OEMs are already exploring blockchain applications in the auto and auto finance industries. But one manufacturer seems to be leading the pack. Toyota Research Institute (TRI), a Toyota subsidiary that works on the development of autonomous vehicles, announced a partnership with four blockchain startups during the Consensus 2017 […]
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