"Lyft's Atlanta launch signals an effort to carve out a piece of the robotaxi market. But it has a lot of catching up to do if it hopes to close the gap with rival Uber. Earlier this year, Bank of America analysts downgraded the stock to "Underperform" from "Buy" due to concerns that the ride-hail firm would lose market share to Waymo's California expansion and Uber's aggressive AV partnership strategy."
"Lyft and May Mobility are starting their pilot with a small fleet of hybrid-electric Toyota Sienna Autono-MaaS vehicles, limited operating hours, and a human safety operator in the front seat. The companies are also entering a city where Uber and Waymo started offering fully driverless rides in June. A spokesperson told TechCrunch that Lyft and May plan to expand to "dozens, then hundreds and eventually thousands over time" across multiple markets."
Lyft launched a pilot robotaxi service in Atlanta in partnership with May Mobility, enabling riders to hail vehicles through the Lyft app. The initial fleet consists of hybrid-electric Toyota Sienna Autono-MaaS vehicles operating limited hours in Midtown with a human safety operator in the front seat. The service is available via on-demand requests and the Wait & Save feature during weekday morning rush through afternoon, with plans to extend hours. The rollout competes in a market where Uber and Waymo already offer driverless rides. Lyft and May Mobility plan gradual expansion to dozens, then hundreds, and eventually thousands of vehicles across multiple markets.
Read at TechCrunch
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