Lyft Is Building It’s Self Driving Platform Like Uber
Magna is one of the largest tier-one automotive industry suppliers in the world tiers with Lyft to create new self driving platform. Lyft will be working directly with Magna on “co-developing” an autonomous driving system, with collaborative teams from both companies working on the project.
The goal is to build not only autonomy into production vehicles, but also to put direct access to Lyft’s hailing platform into future autonomous vehicles using the platform. Lyft will lead the development effort of the autonomous driving platform from the Level 5 autonomous driving engineering center in Palo Alto, and Magna will take point on manufacturing, working on site at Lyft’s facility in collaboration with the ride-hailing company’s own engineers.
In terms of helping Lyft to scale its vision, teaming up with Magna could be a big help: The supplier knows the ins and outs of putting certified, mass-produced key components and systems into vehicles that make their way to public roads and consumers from the world’s leading automakers.
Lyft CEO and co-founder Logan Green explained that this will help them get their self-driving tech into various automaker vehicles around the world. Magna is also investing $200 million in Lyft in exchange for an equity stake.
As for Lyft’s own efforts with developing autonomous vehicle systems thus far, the company said during a press event about the news that it’s already testing vehicles at the GoMentum autonomous vehicles proving ground in California, just five months after making its autonomous engineering efforts official.
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