Waymo is affiliated Uber Put Robotaxis in Atlanta, Texas and Austin. I’m working with this lyft This is the first time I’ve had a commercial contract to enter Nashville next year.
Lyft stock rose 10% on the news.
Nashville riders can rotate the Waymo Robotaxi via the Waymo One app, and Lyft will add Waymo Robotaxis to the platform over time, the company said in a joint statement on Wednesday.
The WAYMO Fleet will “provide end-to-end fleet management services in Nashville, including vehicle preparation and maintenance, infrastructure and depot operations,” the company said.
Waymo, it owns alphabetlaunched in Phoenix, San Francisco, Los Angeles, and Austin and Atlanta, taking a major lead in the US Robotaxi market. It plans to surpass 10 million paid trips in May and launch commercial operations in Miami, Washington, D.C., Dallas, Denver and now Nashville next year.
Lyft CEO David Risher told CNBC’s “Squawk on the Street” on Wednesday that it was a “formal” time for the industry.
“What you see in a market where self-driving cars are… in fact, we see those markets growing faster and faster than many of the other markets we operate,” he said.
Tesla and Amazon’s Zoox testing is limited. Smaller players like Wayve, Nuro and May Mobility are also working on unmanned US technology
In the international market, Waymo faces its most frightening rivals Baidu’s Apporologo service. In August, Baidu announced a partnership with Lyft, bringing unmanned taxis to Europe next year. A month ago, Baidu said it was working with Uber to deploy self-driving vehicles to markets in the US and mainland China, starting in Asia and the Middle East later this year.
Lyft previously worked with Waymo on a Phoenix Area pilot in 2019. The ride company launched a testing program with MAY Mobility in Atlanta earlier this month.
Lyft can use help as he tries to catch up with Uber. Uber’s market capitalization is over $200 billion, which is about 25 times more worth Lyft.
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