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    Innovation Village | Technology, Product Reviews, Business
    You are at:Home»Apps»Jaguar Land Rover Invest $25 Million In Lyft 

    Jaguar Land Rover Invest $25 Million In Lyft 

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    By AdeO on June 14, 2017 Apps, Investments, Transportation

    Jaguar Land Rover has invested $25 million in Lyft Inc, a ride-sharing company taking on Uber.

    According to the agreement, both companies will collaborate on self-driving cars, and a number of Lyft drivers will be supplied with Jaguar or Land Rover vehicles, mainly for testing purposes.

    Jaguar Land Rover, owned by India’s Tata Motors, follows General Motors as a Lyft investor. GM invested $500 million in 2016.

    John Zimmer, the President of Lyft said in a joint statement: “Lyft envisions a future where shared mobility will transform cities and improve people’s lives. This partnership will help us achieve that ambitious goal.”

     

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