Tech

Toyota bet wrong on EVs, so now it’s lobbying to slow the transition

Toyota introduced the particular Prius Prime in 2016, years after other manufacturers released electric-only models. (credit: Jonathan Gitlin ) Executives at Toyota had a moment of inspiration when typically the company first developed the Prius. That moment, apparently, has long since passed. The Prius was the world’s first mass-produced hybrid car, years ahead of any […]

Tech

Lyft is getting out of the self-driving business

Enlarge (credit: jetcityimage / Getty) Lyft has sold its self-driving division to a Toyota subsidiary called Woven Planet for $550 million—the latest sign that it takes deep pockets to compete in the self-driving arena. Lyft’s main competitor, Uber, sold its own self-driving unit to the well-financed startup Aurora back in December. Lyft announced its self-driving […]