General Motors is investing $ 500 million in taxi service Lyft

Jan

5

2016

The collaboration between General Motors and Lyft focuses among other things on the provision of a network of autonomous vehicles. This would make it possible for users to order a car via an app, which then drive to their destination independently.

lyft Lyft currently provides private taxi services in 190 US cities and will thus compete with Uber. Through the partnership with GM should get a boost in 2012 founded company to grow even faster. It is not clear when the service is available with autonomous vehicles. It would now proceed to integrate existing technologies, allows GM chairman Dan Ammann know in The Wall Street Journal.

Direct result of the collaboration include the Lyft drivers at discounted prices can make use of the cars from GM, for example, by renting them. The two companies are not the only ones that focus on the development of self-propelled vehicles for transporting individuals, including Google and Uber investigate the use of autonomous vehicles. Also differs valuing Uber and Lyft, despite the similar service, to a large extent. The last valuation of Uber converted amounted to 59.5 billion euros, while those of Lyft is converted 5 billion.

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