Ride-hailing company Lyft is joining with large Canadian auto parts supplier Magna to develop self-driving vehicles, sharing expenses on a multi-year project that could vault them onto the leader board in autonomous technology.
March 16, 2018BusinessTechnologyEquipmentAutonomous
Alphabet Unit Leads $1 Billion Investment in Lyft
Alphabet Inc.’s investment arm, CapitalG, led a $1 billion investment in Lyft Inc. that values the ride-sharing startup at $11 billion, the ride-sharing startup said.
October 19, 2017BusinessTechnologyEquipmentSafetyAutonomousTCA
Ford and Lyft Team Up to Put Driverless Cars on the Road
Ford will begin testing self-driving cars on ride-hailing company Lyft’s network with human drivers at the wheel for backup, the companies said Sept. 26.
September 28, 2017BusinessTechnologyEquipmentSafetyAutonomousTCA
Lyft to Unleash Self-Driving Cars on San Francisco Roads
Self-driving Lyfts are coming to the San Francisco Bay Area, promising to give local residents a first-hand look at the technology that’s poised to dramatically change the nature of transportation.
September 7, 2017Alphabet’s Waymo Teams Up With Lyft to Test Autonomous Cars
Alphabet Inc. is working with Lyft Inc. on a plan to test autonomous cars on the road, escalating a fight with Uber Technologies Inc. by partnering with its main rival in the U.S.
May 15, 2017Government
Trump Taps Lyft Executive for DOT Policy Post
The general manager of a ride-sharing firm was tapped by President Donald Trump to oversee policy at the Department of Transportation, the White House announced this week.
April 7, 2017