"Lyft Inc. is partnering with Waymo for the first time to offer robotaxi service in Nashville starting next year, a deal that helps it better compete with rival Uber Technologies Inc. Alphabet Inc.-owned Waymo, which has been conducting testing in Nashville since March, will launch fully autonomous operations in the Tennessee capital in the coming months, it said Wednesday in a blog post. The rides will open to the public next year, first through the Waymo app and then on Lyft's platform later in 2026."
"Shares of Lyft jumped as much as 16% after markets opened in New York, their biggest intraday gain in over four months. Uber's stock fell as much as 3.8%. Flexdrive, Lyft's fleet management subsidiary, will provide vehicle maintenance, infrastructure and depot operations for Waymo's vehicles in the city, according to a statement from Lyft. Flexdrive currently offers car rentals to rideshare drivers in 24 US locations including Nashville. As part of the partnership, Lyft will also construct a fleet management facility with charging and vehicle-service capabilities."
Lyft will partner with Waymo to introduce robotaxi service in Nashville starting next year, marking the first direct tie-up between the companies. Waymo will launch fully autonomous operations in Nashville in the coming months and will open rides to the public first through its own app, with availability on Lyft's platform slated for 2026. Flexdrive, Lyft's fleet management subsidiary, will handle vehicle maintenance, infrastructure and depot operations and will build a fleet management facility with charging and vehicle-service capabilities. Lyft's shares rose sharply after the announcement while Uber's stock fell. Lyft anticipates further autonomous offerings with partners including Mobileye.
Read at www.mercurynews.com
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