InMotion ties up with Lyft

BRITAIN’S biggest car maker Jaguar Land-Rover said its mobility services business, InMotion Ventures, would invest $25 million (R322.72m) in US ride services company Lyft to help develop and test technology for self-driving cars. The car industry and technology companies are racing to develop self-driving technology, which in the years to come is expected to transform transportation by cutting costs of ride services and changing the way people buy and use cars. InMotion will also supply Lyft with a fleet of Jaguar and LandRover vehicles, the car maker said yesterday. InMotion’s investment follows its recent seed investment in SPLT, the Detroit-based digital carpool business, which works with Lyft.