Toyota Motor will invest 50 billion yen in Didi's travel to form a car rental company

Abstract According to foreign media reports, Japan's Toyota Motor will invest drops travel company, set up a car rental company, the amount of investment of about 50 billion yen. Blue Whale TMT channel May 29, according to foreign media reports, Japan's Toyota Motor will invest in Didi travel companies, set up car rental companies,...

According to foreign media reports, Toyota Motor Corporation of Japan will invest in Didi Travel Company to form a car rental company with an investment amount of approximately 50 billion yen.

Blue Whale TMT channel May 29, according to foreign media reports, Japan's Toyota Motor will invest in Didi travel companies, set up a car rental company, the investment amount is about 50 billion yen.

It is understood that Toyota Motor Corporation aims to provide "mobile companies" that provide all services related to mobile travel, and regard this target as the main foothold in the Chinese market. The new joint venture will buy Toyota cars and lend them to drivers, and Toyota dealers will be responsible for car repairs.

Toyota will also consider offering locally produced electric vehicles by 2020 or later, and Didi has already partnered with Toyota's electric vehicle business.

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