Wejo Group Limited (NASDAQ:WEJO), a global leader in Smart Mobility for Good™ cloud and software solutions for connected, electric and autonomous vehicle data, today announced a data agreement with Toyota Motor North America. The agreement will allow Wejo to provide personalized connected vehicle data services for participating cloud-connected fleet vehicles in the U.S. It represents an important step towards Wejo’s capture of the estimated $61 billion by 2030 service addressable connected vehicle data market. The data Wejo receives will be derived from participating Toyota fleet vehicles and processed and anonymized through Wejo’s ADEPT platform. The data can then be leveraged by telematics service providers (TSPs), fleet owners and fleet management service (FMS) companies interested in utilizing data from embedded OEM hardware to support fleet services instead of more unreliable aftermarket hardware.
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