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self -drive, Toyota - July 22, 2021

Toyota’s Woven Planet acquires Lyft’s Level 5 self-driving division

Toyota Motor Group Subsidiary Woven Planet has announced the completed acquisition of Level 5, the self-driving division of rideshare veteran Lyft, Inc. The completed transaction is one of several made by Toyota and its subsidiaries in 2021, specifically pertaining to autonomous software and other self-driving technologies. AD At this point in a world abundant with rideshare options, most people have heard of Lyft. Founded in 2012, it remains one of the largest networks of Transportation as a Service (TaaS) in the US and Canada. Level 5 is a division of Lyft formed in 2017, specifically dedicated to...

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Toyota’s Woven Planet acquires Lyft’s Level 5 self-driving division