
[Kalé Carey]
WAYMO HAS DRIVEN THE ROBOTAXI INDUSTRY WITH ITS FLEET OF AUTONOMOUS VEHICLES…BUT SOON THEY COULD SEE SOME COMPETITION WITH LYFT’S NEW PARTNERSHIP.
IN A FRIDAY ANNOUNCEMENT, THE APP USED FOR CATCHING A LIFT SAYS THEY’RE GOING THE EXTRA MILE IN ATLANTA WITH SELF DRIVING CARS HITTING THE STREETS.
MAY MOBILITY WILL ROLL OUT MINIVANS WITH SELF DRIVING CAPABILITIES STARTING THIS SUMMER.
THE COMPANY CURRENTLY OPERATES IN THE U.S. AND JAPAN, WITH CLOSE TO HALF A MILLION AUTONOMOUS RIDES. IN MOST CASES, A DRIVER IS ON BOARD TO TAKE OVER IF SAFETY ISSUES ARISE.
LYFT CALLS THEM AV’S–SLOWLY INTRODUCING THEM TO THE THOUSANDS OF PEOPLE WHO USE THEIR PLATFORM.
EXECUTIVE VICE PRESIDENT OF DRIVER EXPERIENCE AT LYFT SAYS AV’S ARE GOING TO EXPAND THE RIDESHARE MARKET. HERE’S HOW IT WORKS: ADDING MORE CARS, WHETHER HUMAN-DRIVEN OR AVS, IMPROVES ARRIVAL TIMES. THAT MEANS MORE RIDES AND A GROWING MARKET.
LYFT HAS ALSO PARTNERED WITH MOBILEYE AND MARUBENI, BOTH HEADQUARTERED OVERSEAS, TO HELP ACCELERATE ITS MISSION TO ENTER THE ROBOTAXI INDUSTRY.
ACCORDING TO BARRON’S, AMERICANS DRIVE CLOSE TO THREE POINT THREE TRILLION MILES A YEAR, ON TOP OF PAYING FOR SERVICES LIKE UBER TO GET AROUND. THE REPORT SAYS THE ROBOTAXI MARKET COULD HAVE A PROFIT POOL UPWARDS OF SIX TRILLION DOLLARS.
MARKET LEADER WAYMO, OWNED BY PARENT COMPANY ALPHABET, RECENTLY PARTNERED WITH UBER TO EXPAND ITS ROBOTAXIS.
WAYMO CURRENTLY OPERATES IN AUSTIN, SAN FRANCISCO, PHOENIX AND L.A., WITH PLANS TO EXPAND TO MIAMI AND JOIN LYFT IN ATLANTA. THE COMPANY REPORTS TWO HUNDRED THOUSAND RIDES A WEEK–WITHOUT A DRIVER IN THE CAR.
GENERAL MOTORS PULLED OUT OF THE ROBOTAXI MARKET, ANNOUNCING THE END OF ITS ‘CRUISE’ PROGRAM. INSTEAD, THE COMPANY IS REFOCUSING ITS AUTONOMOUS TECHNOLOGY ON PERSONAL CARS WITH A HANDS-OFF, EYES-ON FEATURE.
LYFT SAYS ATLANTA IS ONLY THE BEGINNING FOR ROBOTAXIS, WITH PLANS TO EXPAND TO DALLAS NEXT.
FOR STRAIGHT ARROW NEWS, I’M KALÉ CAREY.
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