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Cars45 New Opportunity in Nigeria

The capital infusion and increased collaboration with Toyota Motor Corp have come as Didi Chuxing is battling new competition in China’s ride-hailing market. Photo: ReutersCars45 describes itself thus: "Nigeria's leading automotive trading platform. Buy, Sell, or Swap Your Car Without Stress. Inspection Centers and Car Lots Available Nationwide." This company can pick a playbook from what Toyota is doing with Didi to become a platform for vehicle management, maintenance, insurance and financing for both ride-hailing drivers and consumers. Imagine having a company that can manage all these elements in one platform for Nigerian drivers; it could scale.

Toyota Motor Corp will invest US$600 million in Didi Chuxing and establish a new joint venture for mobility services with the Chinese ride-hailing giant as competition in its home market intensifies. ..

Toyota and Didi said their closer ties will allow them to expand adoption in China of the Japanese car maker’s proprietary Mobility Services Platform, which includes vehicle management, maintenance, insurance and financing for both ride-hailing drivers and consumers