Lyft has “no plans to slow down [its] self-driving programs,” said David Baga, Chief Business Officer of the ride-hailing app. “We remain focused on our self-driving program, so we continue to develop, and test, and eventually deploy self-driving,” he told Cheddar Thursday. His comments come in light of Uber’s fatal driverless car crash in Arizona last week, which forced that company to hit the brakes on all its autonomous testing. Nvidia and Toyota paused their programs, too. The Uber incident, thought to be the first involving a self-driving vehicle, also sparked a wide-ranging debate about whether the entire industry needs more oversight. Ironically, though, Waymo, the self-driving unit of Google parent Alphabet, took the opportunity to jump further into its autonomous business, announcing a collaboration with Jaguar Land Rover this week to roll out driverless SUVs by 2020. Jaguar’s Product Planning Manager Dave Larsen [reiterated](https://cheddar.com/videos/jaguar-exec-waymos-technology-would-have-avoided-ubers-fatal-crash) his faith that Waymo’s technology and software “would’ve been able to avoid” the tragedy that involved Uber’s car. - **Related:** [Watch](https://cheddar.com/videos/first-look-at-the-waymo-powered-jaguar-i-pace-suv) Jaguar’s Dave Larsen give Cheddar a first look at the Waymo-powered I-PACE at the New York International Auto Show. For its part, Lyft dove into the autonomous industry last year when it announced it will start creating the technology in-house. Prior to that, the company was working with third-parties like Ford and Boston-based nuTonomy, essentially offloading the larger costs of the projects. Driverless tech aside, Lyft is also gaining ground on its main rival in the core ride-hailing business. As Uber has faced one scandal after another, Lyft is picking up the slack. Its Business unit saw share of the corporate travel space rise to more than 18 percent in the fourth quarter, compared to 7.7 percent the year before. It also expects to hit a $1 billion run rate for revenue by the end of the year. For full interview, [click here](https://cheddar.com/videos/lyft-cbo-no-plans-to-slow-down-self-driving-technology).

Share:
More In Business
Eyeing Some Cool Collectibles at New York Comic Con
If you have some older comic books stashed away in your attic, basement or closet, make sure to check their condition as they could be traded for serious cash. Cheddar News' Michelle Castillo at New Yor Comic Con spoke with Chris D'Lando, event manager with NYCC for Reedpop; Andy Mourat, co-founder and president of MetaZoo; and Julian Montoya, senior vice president of The Noble Collection, to get their thoughts.
How Traders Are Bracing for Upcoming Fed Meeting & Amid Geopolitical Conflicts
Eliott Wellenbach, vice president and institutional ETF strategist with Direxion, joined Cheddar News to explain how investors are bracing for interest rate hikes after last week's inflation report and ahead of the Fed's upcoming meeting. Wellenbach also discussed how traders are taking advantage of volatility as earnings season continues and amid geopolitical conflicts.
Ready 4 Work Offers Tips for Writing Resumes
One of the most difficult parts of a job search is writing resumes. Cheddar News' docuseries Ready 4 Work explores the pitfalls of that and helps job seekers stand out from all those other applicants.
Load More