Toyota invested $600m in Didi Chuxing.

Toyota, a Japanese multinational automotive manufacturer, invested $600m in Didi Chuxing, the world's leading mobile transportation platform. Through this new agreement, Toyota and DiDi plan to shift to full-scale implementation of services that they have been developing in China. By creating more-efficient and high-quality ride-hailing businesses, the two companies will provide mobility service solutions that contribute to Chinese society. Shigeki Tomoyama, Toyota Executive Vice President responsible for the connected area, said, "I am delighted that we are strengthening our collaboration, which utilizes Toyota's connected technologies and next-generation BEVs, with DiDi, China's mobility service market leader. Looking ahead, we will work with DiDi to develop services that are more attractive, safe, and secure for our customers in China."