Toyota has purchased the self-driving vehicle division of ride service Lyft. The acquisition was made through Woven Planet Holdings, a subsidiary of Toyota Motor Corp. The transaction includes multi-year non-exclusive commercial agreements between Lyft and Woven Planet to accelerate the development and enhance the safety of automated driving technology. “Today’s announcement launches Lyft into the… Continue reading Lyft Sells Self-Driving Unit to Toyota
Tag: Lyft
Jon McNeill is Leaving Lyft
Jon McNeill is leaving the chief operating officer role at Lyft about 18 months after stepping down as Tesla’s president of sales and services. The news was first reported by Bloomberg and confirmed by CNBC. Lyft, which held an initial public offering in March, will not replace McNeill, according to the report. During McNeill’s time… Continue reading Jon McNeill is Leaving Lyft