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Tag Archives: lyft
Lyft Starts Driver Legal Defense Fund vs Abortion Vigilantes
In the latest, but by no means the last development supporting democracy in the face of mob rule, Lyft has created a Driver Legal Defense Fund to cover 100% of legal fees for drivers sued under SB8. Continue reading
Hyundai-Aptiv Startup Motional Expands on West Coast
This move comes as Motional accelerates towards mass commercialization, which includes a landmark agreement with Lyft to launch a multimarket fully driverless service starting in 2023. Motional claims to be one of the world’s key AV players. “We’ve had a presence in Los Angeles for more than five years and are now increasing our investment in California with a new operations facility and road testing in the Los Angeles area, a new San Francisco Bay Area office, and extensive hiring that will more than double the size of our California team,” Motional said in a release. Continue reading
Argo AI, Ford to Launch Self-Driving Vehicles on Lyft Network
Argo AI and Ford will deploy Ford self-driving cars, with safety drivers, on the Lyft network, as part of a network access agreement, with passenger rides beginning in Miami later this year and in Austin starting in 2022. As vehicles are positioned, Lyft users within the defined service areas will be able to select a Ford self-driving vehicle to hail a ride. “This initial deployment phase will lay the groundwork for scaling operations, as the parties are now working to finalize agreements aiming to deploy at least 1,000 autonomous vehicles on the Lyft network, across multiple markets over the next five years,” the companies claimed. Continue reading
Ford, Uber And Lyft Announce Agreement to Share Data
Ford Motor Company, Uber and Lyft today announced a pledge to SharedStreets, a new data platform designed – it’s claimed – to make it easier for the private sector to work with cities around the world to use your driving data to improve urban mobility. No mention of privacy or legal issues arising from the personnel data were addressed. Continue reading
General Motors Sets Q4 2017 Dividend at 38 Cents
GM shares have moved higher since September – about +29.5% for the year. The company claims it is concentrating on ridesharing – the Lyft semi-acquisition looks brilliant – electric vehicles and self-driving cars. GM is also adding Maven Gig to more cities. Continue reading
Posted in financial results, news analysis
Tagged autoinformed.com, General Motors Co, gm dividend, GM Q3 Earnings, Ken Zino, lyft, Maven Gig, NYSE: GM
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Toyota Begins Alliance with Grab Ride-Hailing Service
The stampede to cooperation with car sharing companies began with GM’s acquisition of Lyft – a Uber competitor – for $500 million in January of 2016. This was a surprising move to some – including automakers – who were out of touch with what was long derided as a moribund company., but was moving fast post-bankruptcy with a new generation of leaders. Continue reading
Lyft and GM Express Drive Expands to Colorado, California
The expansion follows successful launches in Chicago, Boston, Washington D.C. and Baltimore. Continue reading
Posted in transportation
Tagged autoinformed, autoinformed.com, Ken Zino, lyft, ride sharing
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Mobility Company or Automaker? Toyota Signs MOA with Uber
This is a complicated deal, given Uber’s current legal and regulatory challenges in the U.S., as well as global business conditions and regulations, and – at the end of the road – consumer desires. Continue reading
Posted in milestones, news analysis
Tagged autoinformed.com, Ken Zino, lyft, mobility providers, uber
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Electrify America Expands Lyft Discounts
“Upfront costs and access to affordable charging continue to be two of the biggest challenges drivers face when transitioning to electric vehicles. By becoming the first rideshare company to team up with Electrify America, we’re further attacking those barriers head on.” Continue reading →