Lyft Signs for Magna Car(as)
Ah, the barons of self-driving cars, and their Great Charter. Magna International, a Canadian auto-parts supplier, has partnered with Lyft to supply the ride-sharing service with kits to turn regular vehicles into self-driving cars.
The kits will include camera, radar, and lidar systems. Overall, the company is investing $200 million in Lyft and the co-development of self-driving cars in an example of auto industry diversification as vehicle sales are expected to drop in the ridesharing and self-driving economy. Critical question- do these autonomous car kits come with an Allen wrench?
To read the story from Reuters, click here.
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