Toyota to invest $500m in KDDI to strengthen ties for 'connected car'

Toyota to invest $500m in KDDI to strengthen ties for 'connected car'

FILE PHOTO: A Toyota logo is displayed at the 89th Geneva International Motor Show in Geneva, Switzerland, March 5, 2019. REUTERS/Denis Balibouse/File Photo

Toyota Motor Corp and KDDI Corp said on Friday that Japan’s biggest automaker would invest 52.2 billion yen ($500 million) in the mobile carrier to deepen their partnership in the age of the “connected car”.

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