Lyft’s mobile-phone application facilitates peer-to-peer ridesharing by connecting passengers who need a ride to drivers who have a car.
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Lyft has started offering autonomous rides, with two safety drivers on board, in Austin, Texas.
Motional rolled out its all-electric IONIQ 5-based autonomous vehicle for public use for the first time in Las Vegas.
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…
Lyft and Aptiv have successfully provided more than 100,000 rides on demand in self-driving vehicles in Nevada.
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