Toyota to buy Lyft unit in boost to self-driving plans

Toyota to buy Lyft unit in boost to self-driving plans

3 years ago
Anonymous $f-b3Pf4iLZ

https://www.reuters.com/article/us-lyft-toyota-autonomous/toyota-to-buy-lyft-unit-in-boost-to-self-driving-plans-idUSKBN2CD2IV

AUSTIN, Texas/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.