Uber and Toyota are partnering to develop driverless cars, The Wall Street Journal reported Monday.
Toyota will invest about $500 million in Uber as part of the agreement between the two companies, according to the Journal. Toyota’s investment values the ride-hailing firm at $72 billion.
Uber has previously tested its self-driving cars in Arizona and California. The company suspended all of its testing on public roads, however, after a self-driving Uber vehicle struck and killed a pedestrian in Arizona earlier this year.
Read more at The Hill.
{Matzav.com}