Magna partnering with Lyft to democratize self-driving tech
Autonomous Vehicle Technology announces 2019 ACES Award Winner in Mobility Services | Autonomy
In a unique partnership intended to speed the development of self-driving systems, Magna is teaming with the ridesharing company Lyft to jointly fund, develop, and manufacture self-driving systems. Magna has already demonstrated its expertise in self-driving systems with its MAX4 platform, which promises to bring new technologies to the market faster. It is not only investing $200 million in Lyft, it also is taking the lead on manufacturing the self-driving system in the multi-year collaboration and will outfit vehicles in the Lyft fleet with kits so they can operate on the Lyft network. And any automaker will be able to buy the self-driving system and its features to customize and use in its own vehicles, further accelerating commercialization of self-driving cars.
Partnerships like this put are putting automotive suppliers like Magna at the forefront of the new mobility landscape and help accelerate the introduction of selfdriving vehicles—a new approach that will democratize access to this transformative technology. Lyft will lead the co-development of the self-driving system at its Palo Alto-based self-driving engineering center. Magna will lead manufacturing and join Lyft’s development team onsite, contributing its vehicle systems knowledge, safety and ADAS expertise, and manufacturing capabilities. Lyft and Magna will share jointly created IP and use Lyft data to improve systems. The partnership will benefit from data generated by the more than 5 billion miles traveled per year on the Lyft network. The jointly developed self-driving system is expected to roll out on some of Lyft’s fleet in the next few years.
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