Lyft Is Selling Its Autonomous Vehicle Division To Toyota

Fewer than six months after Uber offloaded its self-driving tech development unit, Lyft is ditching its own too.

Lyft is selling its self-driving unit to Woven Planet, a subsidiary of Toyota, in a cash deal worth $550 million, both companies announced on Monday afternoon.

The deal, which …

from Mashable India tech https://ift.tt/2QrUURC

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