Lyft eyes robotaxi launch in 2026
Lyft says it will launch a fleet of robotaxis, using self-driving technology from Intel’s Mobileye, in Dallas in “as soon as 2026,” with plans to scale to ”thousands” of vehicles in additional markets in the months to follow. To signal its seriousness, the company tapped Marubeni, a Japanese conglomerate, to run fleet operations.
Shares of ride sharing service Lyft (NASDAQ: LYFT) fell 14.6% in the pre-market session after the company reported disappointing fourth-quarter results: Its revenue slightly missed, and its EBITDA ...
Lyft's Q4 earnings were solid, with the company generating strong growth. The guidance was fairly soft, though. Read why I ...
Pretty soon, you'll be able to get a lift without a Lyft driver. Lyft has announced it will start using autonomous vehicles.
Lyft is locked in fierce competition with Uber to attract riders, prompting it to match prices with the larger rival to grab ...
Lyft’s ( NASDAQ: LYFT) Q4 results demonstrated its effective cost discipline, pricing dynamics, and consistent rider growth, ...
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