Tag Archives: Lyft

The potential acquisition takes place as San Francisco orders a ‘cease and desist’ for all e-scooters Lyft, the ride sharing company, has been in discussions with Citi Bike operator Motivate over recent weeks to acquire the electric bike company for a reported $250 million, in an attempt to join the …

SoftBank Vision Fund will commit US$2.25 billion to GM Cruise, supporting the commercial launch of its electric AVs next year GM’s plans to become a leader in the autonomous vehicle (AV) industry have received another boost, in the form of a US$2.25 billion investment by Japan’s SoftBank. SoftBank Vision Fund …

GM to spend US$100m across Orion and Brownstown factories to upgrade facilities for Cruise AV production and roof module assembly Having shown off its fourth-gen Cruise autonomous vehicle (AV) in January, General Motors has now confirmed that the model will be produced at its Orion Township assembly plant in Michigan. …

New ruling from the state’s DMV will offer companies permits to operate autonomous vehicles without a human driver behind the wheel from April In a landmark ruling, California’s Department of Motor Vehicles (DMV) has said it will scrap legislation which requires a human to be in the driver’s seat while …

Ongoing partnership between automaker and ride-hailing service would see “thousands” of autonomous EVs on the roads by 2018 Starting next year, self-driving Chevrolet Bolts are to be deployed under a partnership between General Motors and San Francisco-based ride-sharing company Lyft. Reuters reported on the test programme, citing two anonymous sources …