Rovin a: Is there any room left for consolidation? ed is always shilling his book, and he's tests te cu and andh shilling k ilas. woven planet holdings announced that they're acquiring a lift self driving unit named ive four,. 550 million, 200 million of cash af front, and then the rest spreated over five years. The congratulations to jody killman, who's been on our show, who is now a isertite.
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.