• SENSEX
    NIFTY 50
Auto

Toyota to invest $500 million in Uber for self-driving cars

Updated : August 28, 2018 07:32 AM IST

Toyota, one of the world's largest carmakers, and Uber Technologies Inc, the leading ride-hailing service, are widely seen as lagging the competition in developing self-driving cars.
. Since a self-driving Uber SUV killed a pedestrian in Tempe, Arizona, in March, Uber has removed its self-driving cars from the road, laid off hundreds of test drivers and shuttered operations in Arizona, its autonomous testing hub.
Toyota has been less aggressive than some rivals on moving towards full-fledged autonomous driving. It has expressed caution about the technology and focussed on partial autonomous systems like Guardian.
Toyota to invest $500 million in Uber for self-driving cars

You May Also Like

Live TV
Advertisement