Jaguar Invests in Lyft, Forming Self-Driving and Car Rental Pact

Jaguar Land Rover said it’s working with Lyft on autonomous-driving technology and will offer vehicles for rent to the San Francisco-based startup’s drivers. The automaker, which is a subsidiary of Tata Motors Ltd., also disclosed an investment of $25 million in Lyft as part of a funding round that closed in April, valuing the business at $7.5 billion.