This content has been archived. Log in or Subscribe to a level that has access to archived content.
Lyft sells self-driving technology subsidiary to Toyota
While Lyft is selling Level 5 to Toyota, the ride-hailing company will still have access to data to see if the technology is viable and profitable for its activity /Lyft Level 5
After Uber having sold its autonomous subsidiary ATG to a Silicon Valley start-up back in December, now is the turn of Lyft to get rid of Level 5. The ride-hailing company’s subsidiary, specializing in autonomous driving R&D, will be integrated into Toyota’s Woven Planet Holdings for 550 million dollars (455 million euros). Pressured by shareholders
Comments
Ready to join the conversation?
You must be an active subscriber to leave a comment.
Subscribe Today