Lyft has started offering autonomous rides, with two safety drivers on board, in Austin, Texas.
Motional, Lyft begin autonomous rides in Las Vegas
Motional rolled out its all-electric IONIQ 5-based autonomous vehicle for public use for the first time in Las Vegas.
Lyft sells self-driving unit to Toyota for $550M
The consolidation of the capital-intensive autonomous vehicle industry continued today. While Lyft is the latest company to abandon the development of autonomous vehicles, it won’t be the last. Lyft sold its self-driving unit, Level 5, to Toyota subsidiary Woven Planet Holdings for $550 million in cash. Lyft will receive $200 million upfront and $350 million…
Aptiv, Lyft draw lessons from 100,000 self-driving rides
Lyft and Aptiv have successfully provided more than 100,000 rides on demand in self-driving vehicles in Nevada.
Self-driving startup Drive.ai raises $15m
Autonomous vehicle startup Drive.ai secured $15 million in funding to help the company expand its leadership team, develop its technology, grow business partnerships and open its first international office in Singapore. The financing was led by Southeast Asia transportation and mobile payments platform Grab, though others participated as well. The funds build on Drive.ai’s June…
Lyft continues self-driving car efforts with new partnerships
Ride share company Lyft is driving full speed ahead in efforts to support the self-driving vehicle industry with several new partnerships just this month. Yesterday, Ford Motor Co. announced it is working with Lyft to deploy Ford’s autonomous vehicles using the ride sharing service. Together, the companies plan to develop software that will connect the…