Lyft
Last updated
Last updated
Likely to be a distributor rather than a hardware operator.
Lyft, Inc. (Nasdaq: LYFT), one of North America's largest transportation networks, announced plans for multiple autonomous vehicle (AV) partnerships to connect the Lyft community with future AV rides in the Lyft app.
Today, Lyft is announcing its next step in delivering AVs to millions of people. Lyft and Mobileye , a leader in self-driving tech and advanced driver assistance systems (ADAS) plan to bring AVs to the Lyft network. Through this partnership, Lyft will make its scaled rideshare platform available to all vehicles with Mobileye’s self-driving technology. Vehicles equipped with Mobileye Drive technology will hit the road “Lyft-ready” — giving small and large fleet operators seamless access to Lyft’s platform and network of riders to optimize their vehicles.
Beyond pioneering a new distribution channel for AVs through its alliance with Mobileye, Lyft is solving for other key parts of the AV value chain with May Mobility and Nexar .
May Mobility will directly deploy AVs to the Lyft platform in starting in 2025. Atlanta riders will have the opportunity to be matched with a fleet of autonomous Toyota Sienna minivans equipped with May Mobility’s autonomous technology, a deployment that Lyft and May Mobility aim to scale over time across multiple markets.
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(Previously was possible to book Waymo in Phoenix via Lyft, but that option, September 2022, no longer present on the Lyft website. Previously also offered Miami / Austin via Argo AI)
Lyft’s vehicle fleet will remain largely commandeered by drivers even as the company continues to develop its autonomous driving capabilities, co-founder and president John Zimmer told CNBC’s Jim Cramer on Tuesday.
“It’ll do five percent of the trips. 95% of the time you’re going to rely on a rideshare driver. So that’s all going to happen within the Lyft network, and we’ll scale up with our autonomous partners,” he said.
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