Toyota joins with Grab on ride-hailing service
Toyota Motor Corporation (TMC), Toyota Financial Services Corporation (TFS), Aioi Nissay Dowa Insurance Co., Ltd., and Grab, Inc. (Grab), claimed to be the largest ride-hailing service company in Southeast Asia, announced a collaboration to provide ride-hailing services throughout Southeast Asia.
The Connected Company, a TMC in-house company, developed the data-transmission TransLog driving recorder, a device that captures driving patterns and deliver telematics services like the vehicle position management system to fleet customers. This project will now be extended to Southeast Asia for the first time. With TransLog installed in 100 Grab rental cars, Toyota says it will analyze driving patterns captured by the recording devices, and consider steps to deliver connected services including user-based insurance, financing programs, and predictive maintenance that make up the Toyota Mobility Service Platform (MSPF).
Grab offers on-demand transportation services in markets in Southeast Asia. "Through this collaboration with Grab, we would like to explore new ways of delivering secure, convenient, and attractive mobility services to our fleet customers in Southeast Asia," said Shigeki Tomoyama, Senior Managing Officer of Toyota Motor Corporation and President of the Connected Company.
"Toyota is a global leader in the automotive sector and one of the most popular brands with drivers on our platform right across Southeast Asia, and we're excited to work together to explore how we can extend more and better connected car services to our driver partners," said Anthony Tan, Co-founder and CEO of Grab Inc. "We are confident this will benefit our driver partners, and we look forward to exploring other ways to collaborate with Toyota in the future."