Softbank and Toyota-backed mobility venture gains five more automakers

By Car sharing, connected cars, AUTO, Self driving

Softbank and Toyota-backed mobility venture gains five more automakers

MONET Technologies,

a joint venture launched by Softbank and Toyota to provide on-demand mobility services eventually with an autonomous module bus, has five new partners.

Five Japanese automakers including

Isuzu Motors,

Suzuki Motor Corp.,

Subaru, Daihatsu

Mazda

will each invest 2% in the venture. Softbank and Toyota each own 35% of the company.

Honda

Toyota’s truck-making unit Hino

each have 10% ownership.

TechCrunch

https://techcrunch.com/2019/06/29/softbank-and-toyota-backed-mobility-venture-gains-five-more-automakers/

https://www2.mazda.com/ja/publicity/release/2019/201906/190628a.pdf

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