Jaguar Land Rover invests £19m in Uber rival
Jaguar Land Rover has invested £19m into the US rival of car sharing pioneer Uber as it looks to explore its own mobility options, including autonomous vehicles.
The $25m investment into Lyft has been made through InMotion, JLR’s mobility services business.
Lyft is said to be the fastest-growing rideshare company in the United States and the investment will support its expansion and technological development.
It will also provide JLR’s InMotion Ventures with the opportunity to develop and test its mobility services, incl... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
