JLR’s InMotion invests USD25 million in Lyft
Investment to support Lyft’s expansion; provide InMotion opportunity to develop and test its mobility services
InMotion Ventures, the mobility services start-up of Jaguar and Land Rover (JLR), has invested USD25 million in the US-based ride-sharing company Lyft, JLR said in a press release on Monday (12 June). The investment will to support Lyft’s expansion and technology plans and provide InMotion with an opportunity to develop and test its mobility services, including autonomous vehicles.
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