lyft Archives - Internet of Things News

Hyundai-Aptiv joint venture Motional unveils its first Lyft robotaxi

Ryan Daws — Wed, 01 Sep 2021 09:48:53 +0000

Motional, a joint venture between Hyundai and Aptiv, has unveiled its first robotaxi that will be available via Lyft’s app. The all-electric IONIQ 5 robotaxi is based on the same vehicle that launched worldwide earlier this year. As a Level 4 autonomous vehicle, it can safely operate without a driver. Woongjun Jang, Head of the... Read more »

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Toyota subsidiary to acquire Lyft’s autonomous vehicle division

Ryan Daws — Tue, 27 Apr 2021 09:41:24 +0000

Toyota subsidiary Woven Planet has announced that it’s acquiring Lyft’s autonomous vehicle division for $550 million. The division, known as Level 5, has established itself among the leaders in the development of autonomous driving technologies. Logan Green, Co-Founder and CEO of Lyft, said: “Today’s announcement launches Lyft into the next phase of an incredible journey... Read more »

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Proposition 22 was the big vote this week for Uber and Lyft

Ryan Daws — Wed, 04 Nov 2020 17:45:04 +0000

All eyes are on the presidential election, but the big vote for Uber and Lyft this week was on Proposition 22 in California. Proposition 22 exempts gig companies from AB5, a labour law passed in 2019 which extended employee protections to gig workers like Uber and Lyft drivers. Voters in California passed the law with... Read more »

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Uber and Lyft lose appeal to avoid classifying drivers as employees

Ryan Daws — Fri, 23 Oct 2020 16:09:51 +0000

Uber and Lyft have been ordered to classify their drivers as employees by a Californian court after losing an appeal. The ride-hailing giants classify their drivers as contractors which means they can avoid giving many of the usual rights and benefits afforded to employees. Uber and Lyft argue most drivers prefer the flexibility of so-called... Read more »

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Uber is laying off 14% of staff due to COVID-19, Lyft says its biz is down 70%

Ryan Daws — Thu, 07 May 2020 15:06:17 +0000

COVID-19 is having an obvious negative impact on the ride-hailing industry, with Uber and Lyft reporting huge losses. Uber has announced it’s being forced to cut 3,700 employees amid the crisis, accounting for around 14 percent of its workforce. The redundancies will predominantly hit Uber’s recruiting and CommOps teams. “With people taking fewer trips, the... Read more »

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