Lyft says it is selling its self-driving unit, called Lyft Level 5 with ~300 employees, to Toyota's Woven Planet Holdings subsidiary for $550M (Kirsten Korosec/TechCrunch)

26
Apr

Kirsten Korosec / TechCrunch:

Lyft says it is selling its self-driving unit, called Lyft Level 5 with ~300 employees, to Toyota’s Woven Planet Holdings subsidiary for $550M — Ride-hailing company Lyft has sold off its autonomous vehicle unit to Toyota’s Woven Planet Holdings subsidiary for $550 million …