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Tag Archives: Lyft

Lyft gets permit to test its driverless cars in California

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Lyft, U.S. ride-hailing firm as becoming the latest company to have secured permits from California Department of Motor Vehicles to test its vehicles on the roads of the state. This is a significant achievement for the company that has got partnerships with many key companies working in this field. The …

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Lyft secured $1 billion in new funding led by Alphabet

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The ride-hailing app Lyft has secured $1 billion in new funding led by Alphabet. The investment was made through Alphabet’s CapitalG venture capital arm.  The fresh funding has helped the company to increase its valuation by 50% to around $11 billion. Although the company still lags behind its arch-rival Uber …

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Ford and Lyft partner to work on self-driving cars

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Ford and Lyft have entered into a partnership to work on self-driving cars. Sherif Marakby, Ford Vice President, Autonomous Vehicles and Electrification informed through a post on medium “Today, we’re announcing a significant step toward bringing self-driving vehicles to the masses thanks to a new partnership with Lyft that will …

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Drive.ai and Lyft partner to bring autonomous ridesharing to the Bay Area

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Drive.ai and Lyft are partnering to bring autonomous ridesharing to the Bay Area. This collaboration combines Drive.ai’s deep learning-based self-driving solution with Lyft’s extensive ridesharing network, furthering both companies commitment to the development of safe, intelligent autonomous vehicles. The pilot, which will deploy in the Bay Area soon, will provide valuable …

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Lyft: Will provide 1 billion rides per year using electric, autonomous vehicles by 2025

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According to some reports, Lyft has set itself an ambitious goal of having all of the electric, autonomous vehicles on its platform to be powered by 100% renewable energy. The company has said that it will provide 1 billion rides per year using electric, autonomous vehicles by 2025. In the …

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JLR invests $25 million in Lyft

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Lyft announced that Jaguar Land Rover is making a $25 million investment through its mobility services arm, InMotion Ventures. The company has said that it will use the cash influx to support further expansion in the U.S. as well as fund development of self-driving technology. Moreover, Lyft will also get …

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Lyft partners with nuTonomy bring first self-driving service to Boston

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Lyft has got into a partnership with nuTonomy. nuTonomy is an MIT spin-off, based in Boston and works on autonomous vehicle technology. It is also credited with launching its autonomous taxi service in Singapore. While Lyft is a San Francisco based transportation network company. It is the third major deal Lyft …

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Waymo and Lyft to collaborate, aim to bring autonomous vehicle technology into the mainstream

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Google Inc’s self-driving car unit, Waymo, and U.S. rideshare company Lyft Inc have signed a collaboration agreement to bring autonomous vehicle technology into the mainstream, the New York Times reported. The alliance between the two show that many companies are trying to acquire a piece of the market for self-driving …

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GM and Lyft plan to deploy thousands of self-driving electric cars in test fleets in 2018

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Market is rife with speculations that GM has plans to build, test thousands of self-driving Bolts in 2018 (Reuters)   General Motors Co plans to deploy thousands of self-driving electric cars in test fleets in partnership with ride-sharing affiliate Lyft Inc, beginning in 2018, two sources familiar with the automaker’s plans …

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Toyota, General Motors, Volvo and Lyft urge US Congress to end ambiguity around regulation of self driving cars

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Executives from automakers like Toyota, General Motors and Volvo and ride-hailing app Lyft had approached the US Congress yesterday. They expressed their concern over a sense of ambiguity of state laws surrounding self-driving cars.It was  pointed out by them that Legislators in more than 20 states have proposed nearly 60 …

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