Jaguar Land Rover’s InMotion Ventures announced that it has joined Lyft’s recently announced $600 million fundraising round in an effort to bolster both companies’ self-driving car efforts.
InMotion said it has invested $25 million in the ride-sharing company as Lyft continues to search for ways to gain the upper hand against rival Uber. In a press release, InMotion said that the investment will allow it to provide support for Lyft’s expansion by supplying drivers with fleets of Jaguar and Land Rover vehicles.
