Toyota Financial Services agreed to take a majority stake in Faxi start-up, the leading platform providing provable ridesharing services and sustainable mobility solutions. Financial terms were not disclosed. "In addition to delivering sales support for environmentally friendly hybrid electric technology, Toyota Financial Services is engaging in new mobility solutions. Building on the partnership with Faxi, TFS decided to invest in Faxi to introduce technology to reduce single occupancy vehicles and the congestion and emissions that they cause. This is a game-changing technology and we’re excited to get behind it with our brand." Doug Gillies, Managing Director of Toyota Financial Services (UK) PLC