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MONET forms capital and business partnership with Hino Motors and Honda

Auto News - Published on Fri, 29 Mar 2019

Image Source: ASTROMAN
MONET Technologies Inc, a joint venture between SoftBank Corp. and Toyota Motor Corporation, announced that on March 28, 2019, it concluded an agreement for a capital and business partnership with Hino Motors Ltd and Honda Motor Co to increase the value of its MaaS business and enhance mobility service levels for users. Hino and Honda each plan to invest 249.95 million yen in MONET and acquire 9.998% of its shares.

Working to help realize a safer and more comfortable mobility society, in this partnership MONET will team up with Hino and Honda with the aim of resolving social mobility issues and creating new value.

Source :

Posted By : Rabi Wangkhem on Fri, 29 Mar 2019
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