8 min listen
Lyft sells self-driving unit to Toyota’s Woven Planet for $550M
Lyft sells self-driving unit to Toyota’s Woven Planet for $550M
ratings:
Length:
6 minutes
Released:
Apr 27, 2021
Format:
Podcast episode
Description
Ride-hailing company Lyft has sold off its autonomous vehicle unit to Toyota’s Woven Planet Holdings subsidiary for $550 million, the latest in a string of acquisitions spurred by the cost and lengthy timelines to commercialize autonomous vehicle technology. Under the acquisition agreement announced Tuesday, Lyft’s so-called Level 5 division will be folded into Woven Planet […]
Released:
Apr 27, 2021
Format:
Podcast episode
Titles in the series (100)
The messy, musical process behind the web’s new security standard by TechCrunch Industry News