The decision was really about what is the right long term strategic focus for lift. It was acknowledging that, yes, to do this really well, it would require a lot of investment. And more clear that we're agnostic when we don't have our own effort. The majority of lifrids will become autonomous in inurban corps, and that car ownership will be financially irresponsible.
By selling its "Level 5" AV development operations to Toyota's Woven Planet Holdings, Lyft has followed its ride-hailing rival Uber out of the AV development business. Founder John Zimmer joins the show to explain the move and what it means for Lyft's evolving relationship with self-driving vehicles.