Toyota has acquired Lyft’s self-driving division

In an effort to get self-driving cars to market faster, Lyft is taking its autonomous vehicles division out of the running. A subsidiary of Toyota Motor Corp., Woven Planet Holdings announced Tuesday it had acquired Lyft’s self-driving division, Level 5. The $550 million deal follows a playbook that is becoming familiar in the autonomous vehicle…Continue reading “Toyota has acquired Lyft’s self-driving division”