Ride hailing giant Lyft announced this week that it would be selling off its Level 5 self-driving unit to Woven Planet, a Toyota subsidiary for $550 million in cash. Both companies made the announcement and revealed that as part of the deal, Lyft and Woven Planet together would work on enhancing automated driving technology safety. … Continue reading “Lyft is Selling off its Self Driving Unit to Toyota Subsidiary for $550M”
