In brief: Toyota mulls $550m investment in China’s Didi

nJapanese car manufacturer Toyota is mulling an investment of roughly 60 billion yen (US$550 million) in Chinese ride-hailing giant Didi Chuxing, Reuters posted, citing a Nikkei business daily report.nThe Nikkei report added that Toyota was also looking to launch a new mobility services company in China.n“We continue to evaluate our business strategy from a global perspective in areas of Connectivity, Autonomous, Sharing and Electrification to meet the future needs of our customers,” Toyota spokesman Kensuke Ko said.n