Monday, 26 June 2017
Jaguar Land Rover's subsidiary, InMotion invests in a anew mobility Services company.
InMotion, Jaguar Land Rover’s mobility services business, today announced a $25m (£19m) investment in Lyft, the fastest-growing rideshare company in the U.S.
This investment will support Lyft’s expansion and technology plans. It will also provide Jaguar Land Rover’s InMotion Ventures with the opportunity to develop and test its mobility services, including autonomous vehicles, and to supply Lyft drivers with a fleet of Jaguar and Land Rover vehicles.