Comment on Why Jaguar Land Rover Took a Stake in Lyft: Self-Driving

Why Jaguar Land Rover Took a Stake in Lyft: Self-Driving

The mobility-tech arm of British luxury-vehicle maker Jaguar Land Rover (JLR) said it has invested $25 million in ride-hailing company Lyft. JLR and Lyft will partner on a series of ventures, including JLR's autonomous-vehicle development effort.  The announcement was made by JLR's "mobility services" business, called InMotion Ventures. InMotion said its $25 million investment will "support Lyft's expansion and technology plans," while giving JLR an opportunity to test its self-driving vehicles in the Lyft service. Image source: Jaguar Land RoverContinue reading

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News