Toyota Acquires Lyft’s Self-Driving Division for $550 Million
Photo: Toyota Toyota’s new tech-focused subsidiary, Woven Planet Group, is acquiring Lyft’s self-driving car division — named “Level 5” after the stages of car autonomy — for $550 million in cash. The deal is expected to close in the third quarter of 2021. Semi Autonomous: How Toyota Safety Sense protects drivers and pedestrians Woven Planet…
