Toyota Acquires Lyft’s Self-Driving Car Division

Toyota self-driving | Jordan Toyota |  Mishawaka, IN

Earlier this year, Toyota created a new tech-focused subsidiary called Woven Planet Group. The new group has kept busy and kicked off its first year with a bang by acquiring Lyft’s self-driving car division — called “Level 5” — for $550 million.

Level 5, so named after the five stages of car autonomy, was costing Lyft a lot of money, and Toyota was perfectly positioned to take over. The automaker will absorb the 300 workers from Level 5 into its own team, adding up to about 1,200 employees, all dedicated to developing innovative driving technologies and, eventually, full driving automation.

“Bringing Level 5’s world-class engineers and experts into the fold ― as well as additional technology resources ― will allow us to have even greater speed and impact,” said Woven Planet CEO James Kuffner. “This deal will be key in weaving together the people, resources, and infrastructure that will help us to transform the world we live in through mobility technologies that can bring about a happier, safer future for us all.”

As part of the deal, Lyft will also provide Toyota with its system and fleet data. Both companies anticipate self-driving ridesharing services to be an important part of the future of mobility.

At Jordan Toyota, we’re excited to see what Toyota can do with Lyft’s self-driving car division. And fortunately, we won’t have to wait until fully automated vehicles are developed to benefit from the technologies created in the process!

Toyota’s New Fuel Cell is So Good That Other Companies Can Buy It

Toyota Fuel Cell | Mishawaka, IN

Toyota is one of the world’s most prominent developers of hydrogen fuel cell technology, which will help contribute to a zero-emission future and promote long-term sustainability. As part of the automaker’s efforts to create a greener tomorrow, Toyota has designed a new fuel cell module that’s so impressive it will be available to other manufacturers to help lower their carbon footprints.

The conversation around efficient powertrains tends to focus on electrification, but Toyota is tackling the situation from multiple angles. It already produces two fuel-cell-powered vehicles — the Mirai sedan and the SORA bus. This new module will take things to another level, offering compatibility with everything from generators to ships.

Toyota will sell its module to customers who can choose the output and voltage range to meet their needs. They can choose between a vertically or horizontally packaged model, voltage outputs ranging from 400 to 750 volts, and the ability to generate either 60 or 80 kilowatts.

The idea is to help other companies with less advanced fuel cell tech up their eco-friendliness without needing to develop their own technology from scratch. According to Toyota, it’s easy to install, low-maintenance, and boasts “world-class, top-level output density per unit volume.”

To see some of Toyota’s innovations in action, schedule a test drive at Jordan Toyota.