UK: The manufacturers of Jaguar Land Rover are investing $25 million with San Francisco, California-based cab services company, Lyft, to expand business and develop technologies for self-driving cars.
The investment was made through Jaguar Land Rover’s mobility services business InMotion Ventures that focuses on autonomous cars and other technology. As part of the deal, the company has agreed to supply a fleet of its vehicles including Jaguar and Land Rover cars.
The collaboration will provide a “real-world platform helping us develop our connected and autonomous services,” InMotion Managing Director Sebastian Peck said.
InMotion had earlier invested in SPLT, a Detroit-based digital carpool business. SPLT works with Lyft to provide non-emergency medical transport.
Lyft had announced earlier this month that it was forming a research partnership with self-driving startup nuTonomy. The companies plan to look at how passengers book and route a self-driving car and how they interact with it. Lyft has also partnered with General Motors to research autonomous ride-hailing.