Wednesday, 28 April 2021

Toyota snaps up Lyft's self-driving cars unit for $550 million

Toyota snaps up Lyft's self-driving cars unit for $550 million

Toyota is hitting the gas to achieve its self-driving goals by buying Lyft's autonomous vehicle business for over half a billion dollars. The two players announced the $550 million acquisition on Tuesday, saying that it would allow them to create a "dream team" of about 1,200 researchers and engineers around the world.
Read more: https://edition.cnn.com/2021/04/27/tech/toyota-lyft-woven-planet-intl-hnk/index.html?source=Snapzu

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