lyft

Business, Technology, Autonomous

Lyft Making Driverless Data Public in Bid to Speed Development

Lyft Gabby Jones/Bloomberg News

Lyft is making research data on self-driving technology available to the public in a bid to accelerate the development of robotic cars, which is seen as critical to the ride-hailing giant’s future viability.

Keith Naughton | Bloomberg News
July 23, 2019
Business, Technology

GM Beats Profit Estimates With a Raise From Lyft

Lyft Kyle Grillot/Bloomberg News

General Motors Co. needed a little help from ride-hailing company Lyft Inc. to beat analysts for first-quarter profit as cost cuts only partially made up for lower sales.

April 30, 2019
Business, Technology, Autonomous

Lyft Reveals Big Growth but No Profits as It Readies for IPO

Lyft sign Josh Edelson/AP Images for Lyft

NEW YORK — Lyft revealed that it is growing quickly ahead of its initial public offering but continues to bleed money and may struggle to turn a profit, according to a federal filing.

March 4, 2019
Business, Technology, Safety, Autonomous, TCA

Lyft to Put Fleet of Driverless BMWs to Work in Las Vegas

Aptiv

A fleet of 30 driverless BMW 5 Series vehicles is about to hit the streets of Las Vegas.

Mick Akers | Las Vegas Sun
May 3, 2018
Business, Technology, Equipment, Autonomous

Lyft, Auto Parts Maker Magna Partner on Autonomous Vehicles

Aptiv

Ride-hailing company Lyft is joining with large Canadian auto parts supplier Magna to develop self-driving vehicles, sharing expenses on a multi-year project that could vault them onto the leader board in autonomous technology.

Tom Krisher | Associated Press
March 16, 2018
Business, Technology, Equipment, Autonomous

Alphabet Unit Leads $1 Billion Investment in Lyft

Stephen Kelly/Flickr

Alphabet Inc.’s investment arm, CapitalG, led a $1 billion investment in Lyft Inc. that values the ride-sharing startup at $11 billion, the ride-sharing startup said.

October 19, 2017
Business, Technology, Equipment, Safety, Autonomous, TCA

Ford and Lyft Team Up to Put Driverless Cars on the Road

Lyft's new Amp glows on the dashboard of a car in San Francisco. Josh Edelson/AP Images for Lyft

Ford will begin testing self-driving cars on ride-hailing company Lyft’s network with human drivers at the wheel for backup, the companies said Sept. 26.

Russ Mitchell | Los Angeles Times
September 28, 2017
Business, Technology, Equipment, Safety, Autonomous, TCA

Lyft to Unleash Self-Driving Cars on San Francisco Roads

Lyft's new Amp glows on the dashboard of a car in San Francisco Josh Edelson/AP Images for Lyft

Self-driving Lyfts are coming to the San Francisco Bay Area, promising to give local residents a first-hand look at the technology that’s poised to dramatically change the nature of transportation.

Marisa Kendall | The Mercury News (San Jose, Calif.)
September 7, 2017

Alphabet’s Waymo Teams Up With Lyft to Test Autonomous Cars

Stephen Kelly/Flickr

Alphabet Inc. is working with Lyft Inc. on a plan to test autonomous cars on the road, escalating a fight with Uber Technologies Inc. by partnering with its main rival in the U.S.

May 15, 2017
Government

Trump Taps Lyft Executive for DOT Policy Post

NRKbeta/flickr

The general manager of a ride-sharing firm was tapped by President Donald Trump to oversee policy at the Department of Transportation, the White House announced this week.

April 7, 2017

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