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Hyundai JV, Lyft to Launch Driverless U.S. Robotaxi Services in 2023

SEOUL, Dec. 17 (Korea Bizwire) — Motional, the Hyundai Motor-Aptiv joint venture, said Thursday it has partnered with U.S. ride-sharing firm Lyft Inc. to launch driverless robotaxi services in major U.S. cities in 2023. Motional said it plans to deploy fully autonomous vehicles, which are based on the Korean automaker Hyundai Motor’s platform, in Lyft’s [...]

Kakao Invests 3.4 Bln Won in U.S. Ride-Hailing Firm Lyft

SEOUL, April 11 (Korea Bizwire) — Kakao Investment, an investment firm under South Korea’s top mobile messenger operator Kakao Corp., said Wednesday it bought shares worth 3.4 billion won (US$3.18 million) in U.S. ride-hailing service provider Lyft. Following the move, Kakao holds 82,755 shares, or a 0.03 percent stake in the U.S. company. Lyft provides [...]