GM Investing $500 Million in Lyft for a New Kind of Autonomous Car Experience

By: | January 7th, 2016

Lyft

GM is investing a whopping $500 million in Lyft to create a network of autonomous cars that people can order in the future.

The massive new investment really comes as no surprise, with the collaboration between Ford and Google recently popping up, in addition to autonomous car technologies continuing to be developed by everyone from tech to automotive companies.

Another interesting tidbit is the fact that Google is a major investor in Uber, Lyft’s direct rival and competitor, making the support from GM a welcome development.

Lyft co-founder John Zimmer told BuzzFeed, “We’ll create the operating system of the future where people will be able to order an experience. If, you know, you’re heading with your family to Tahoe, you’ll get to order a specific kind of autonomous experience where you get to enjoy movies on your trip or after work you can get a sports Lyft and watch a Clippers game with friends. Now that we have this partnership we can create these sort of experiences with this network.”

It’s an intriguing idea, but it remains to be seen if what Zimmer has in mind can become a viable autonomous car experience.

Michael Cooney

Michael Cooney, the founder of EngNet, worked as a project engineer for many years sourcing equipment. His passion and experience in the industry led to creating EngNet to connect engineers and industry suppliers. You can also find Michael on .

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