InMotion Ventures was set up past year to invest in new transport technologies. In India, Tata Motors has an arrangement with Uber under which the latter's drivers can buy Indica and Indigo cars at discounted rates as well as avail loans at attractive rates from Tata Motors Finance.
According to JLR, the deal will provide InMotion with new opportunities to develop and test various new mobility services, including autonomous driving technology. Under the agreement, the companies will collaborate on "mobility services", including self-driving cars. While Uber employs teams of engineers to work on developing its own self-driving technology, Lyft is focused on building a dense, diverse network of partnerships instead. JLR's presence in the United Kingdom and Europe could open up more opportunities for Lyft to spread into even more cities in its mission to transform mobility. The taxi-hailing company is valued at $7.5 billion (£6bn), and has also secured investment from the likes of General Motors, which ploughed in $500 million (£394m) in 2016.
Lyft has previously worked with General Motors and Google's autonomous auto manufacturer Waymo on self-driving vehicles.
The ride-sharing company recently scored a further $600 million in investment, $25 million of which came from Jaguar Land Rover.
Not only will this cash go toward the goal of taking drivers out of cars, the partnership will involve current vehicles, too.