Lyft and Waymo to cooperate on self-driving cars

Waymo, the self-driving car unit of Google parent Alphabet, has reached an agreement with ridesharer Lyft to test self-driving car technology, the companies said. Waymo and Lyft are joining forces against ridesharing giant Uber, which is racing to develop its own self-driving vehicles. Many other companies such as German carmaker Daimler and California-based Tesla have been stepping up efforts in autonomous driving in recent years. Waymo and Lyft are joining forces against ridesharing giant Uber, which is racing to develop its own self-driving vehicles. 'Waymo holds today's best self-driving technology, and collaborating with them will accelerate our shared vision of improving lives with the world s best transportation,' the Lyft statement read.