Lyft

  • Back at the start of the year, General Motors (GM) and ride-sharing service Lyft announced a partnership to develop a network of on-demand autonomous vehicles. The first fruit of that partnership is not focused on autonomy, but allows Lyft drivers to hire GM cars at affordable rates.
  • With the likes of Google moving into the auto industry by way of autonomous driving tech, General Motors (GM) has bet big on Lyft. The carmaker will invest US$500 million to help grow the ride-sharing service. The "long-term strategic alliance" will include the development of autonomous vehicles.