Toyota Subsidiary Woven Acquires Lyft Autonomous Division
Toyota Subsidiary Woven Acquires Lyft Autonomous Division Toyota’s Woven Planet Holdings has acquired Level 5, Lyft’s self-driving unit. Woven Planet’s deal brings scientists, software engineers, and researchers together as one. The company is growing beyond its headquarters in Tokyo to include teams in Palo Alto, California, and London, UK. Besides Level 5, Lyft agreed to the use of their data to fast track the autonomous technology Woven Planet is developing. Lyft’s vast system and fleet data will make Woven commercially viable that much faster, according to the company. Lyft receiv...
Source: thetruthaboutcars.com