“Uber and Tesla reportedly have plans to build a fleet of self-driving cars — same with Google and Ford — but now it sounds like those companies will finally get some more competition.
On Monday, General Motors and Lyft announced a partnership to create a similar network of self-driving cars.
GM, one of the biggest car makers in the US, says it will invest $500 million in Lyft, the popular car-hailing startup based in San Francisco that’s already raised more than $1 billion in venture capital.” said techinsider.io
“The move sounds like it will benefit both companies, especially as automakers are working with tech companies more than ever to improve the satisfaction and efficacy of ground transportation. Like Uber, Lyft has already established itself with a customer base that’s comfortable getting into strangers’ cars; GM, on the other hand, has been developing driverless technology for over a decade but needs help staying relevant among mobile, tech-friendly consumers.
“We see the future of personal mobility as connected, seamless and autonomous,” GM president Dan Ammann said in a press release. ‘With GM and Lyft working together, we believe we can successfully implement this vision more rapidly.'” said techinsider.io