Buying Lyft’s self-driving unit speeds Toyota’s software mission

“Woven Planet really needs to grow in order to be able to fulfill that mission and that mandate.”

Kuffner, the American computer guru who also sits on Toyota Motor’s board, is tasked with making the world’s biggest automaker as strong in software as it is in hardware. The goal is rooted in the new conventional wisdom that future value in the auto industry will come not necessarily from manufacturing vehicles but from selling the software and services that support them.

That business formula was the path of other industries, such as the mobile phone business, where handset makers were relegated

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Toyota’s acquisition of Lyft’s self-driving unit bolsters its automation ambitions

Lyft has logged more than 100,000 paid autonomous trips on its platform, mostly in Las Vegas through its partnership with Motional, a joint venture between Hyundai and Aptiv.

The company said the deal with Woven Planet is non-exclusive and that it remains committed to existing partners including Google’s Waymo, and is on track to hit a 2023 goal of allowing customers to use its app to hail driverless cars.

Toyota currently offers Level 2 automation with advanced driver assistance technology. The automaker has other self-driving projects and has been working closely with ride hailing companies. It owns

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Toyota’s Hino and Israeli startup join race to develop electric delivery vans

Toyota affiliate Hino Motors and Israeli startup Ree Automotive will jointly develop modular electric vehicles to transport people and goods, joining a growing number of partnerships in the still young, but fast-paced commercial EV sector, Hino said in a statement.

That market could be worth hundreds of billions of dollars over the next five years, analysts estimate, attracting automakers including General Motors and Ford.

Startups Arrival and Rivian are developing similar vehicles for big delivery customers — Arrival with United Parcel Service, Rivian with Amazon.

Like Arrival and Rivian, Ree has developed a flexible electric platform that combines motor,

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Tesla Is Still The EV Reference But Toyota’s Close, Says Cargurus

Cargurus discovered that 52 percent of 1,097 car owners in the US consider buying an electric car in the next ten years. To these folks, it made a simple question: which brand of electric vehicles are you likely to consider? Predictably, Tesla led the pack, with 57 percent of the respondents mentioning it. With 52 percent of answers, the second place will surprise you: it was Toyota, a car company with no EVs for sale in the US.

If you thought numbers do not add up, that’s because car owners could select more than one brand. The percentages presented

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