Japanese carmaker Toyota is to invest $500m (£388m) in Uber as the two companies expand their partnership on the development of self-driving cars. The investment deepens an existing relationship aimed at producing autonomous vehicles for the mass market. Toyota’s investment values Uber at $72bn, despite mounting losses that totalled $4.5bn in 2017. Uber’s self-driving business was hit by a fatal crash in Tempe, Arizona, in March, when a self-driving Uber SUV killed a...
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