Toyota's acquisition of Lyft's self-driving unit bolsters its automation ambitions

Toyota's acquisition of Lyft's self-driving unit bolsters its automation ambitions

3 years ago
Anonymous $4BDEsVAtYS

https://www.reuters.com/article/us-lyft-toyota-autonomous/toyotas-acquisition-of-lyfts-self-driving-unit-bolsters-its-automation-ambitions-idUSKBN2CD2IV

AUSTIN/TOKYO (Reuters) -Toyota Motor Corp will acquire Lyft Inc's self-driving technology unit for $550 million, the companies said, as the Japanese firm steps up its automation ambitions with the newly created Woven Planet division.