Automakers

Toyota will invest $600M in China's Didi, new JV to develop mobility services

(Jacky Naegelen/REUTERS)
YS
By:
Yilei Sun and Brenda Goh
|
R
By:
Reuters
July 25, 2019 10:01 AM

SHANGHAI --Toyota said on Thursday it will invest $600 million in Chinese ride-hailing giant Didi Chuxing as well as a new joint venture as the companies seek to develop connected and electric vehicle technologies in China.

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