Lyft, Waymo ink self-driving car deal - NY Times

Many companies are trying to acquire a piece of the market for self-driving

Reuters May 15, 2017
The two companies are fighting over technology that is seen as part of the foundation of the future of transportation. PHOTO: GOOGLE

May 14 Google Inc's self-driving car unit, Waymo, and US rideshare company Lyft Inc have signed a collaboration agreement to bring autonomous vehicle technology into the mainstream, the New York Times reported on Sunday.

BMW, Mobileye in deal to collect map data for self-driving cars

The alliance between the two show that many companies are trying to acquire a piece of the market for self-driving vehicles, which many believe will ultimately be a multibillion-dollar industry, the New York Times reported. Waymo and Lyft will work on pilot projects and product development efforts, the newspaper said.

The partnership between the two has competitive implications for Uber Technologies Inc, the largest ridesharing company in the world, according to the New York Times.

Waymo testing self-driving car ride service in Arizona

Waymo and Uber are fighting in court over self-driving technology that Waymo says was stolen by a former employee who founded another company that Uber later acquired.

Both Uber and Lyft operate through applications on smartphones.

Talks on the collaboration between Waymo and Lyft began last summer in discussions between Waymo's chief executive and the founders and leaders of Lyft, the newspaper reported.


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