29 Jan '16, 6pm

GM invests $500 million in Lyft to create a network of autonomous vehicles

GM invests $500 million in Lyft to create a network of autonomous vehicles

The battle between major ride sharing rivals, Uber and Lyft is about to get even hotter, thanks to General Motors. GM has announced a new alliance with Lyft to create an integrated network of on-demand autonomous vehicles in the U.S. GM is planning to invest $500 million in the ride sharing service as part of a bet on a future where mobility is increasingly less focused on traditional car ownership.

Full article: http://inhabitat.com/gm-invests-500-million-in-lyft-to-cr...

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