Toyota subsidiary to acquire Lyft’s autonomous vehicle division

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Toyota subsidiary Woven Planet has announced that it’s acquiring Lyft’s autonomous vehicle division for $550 million. The division, known as Level 5, has established itself among the leaders in the development of autonomous driving technologies. Logan Green, Co-Founder and CEO of Lyft, said: “Today’s announcement launches Lyft into the next phase of an incredible journey… Read more »

The post Toyota subsidiary to acquire Lyft’s autonomous vehicle division appeared first on Internet of Things News.

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