Lyft Stock Soars 20% on Waymo Nashville Robotaxi Deal
- Waymo and Lyft revealed a collaboration on Wednesday to introduce an autonomous ride-hailing service in Nashville, Tennessee, with public availability planned for next year.
- This move follows Waymo’s earlier collaborations with Uber in Atlanta and Austin, while Lyft previously partnered with Waymo on a limited pilot in Phoenix in 2019.
- Waymo has been conducting trials in Nashville using Jaguar I-Pace electric self-driving cars for several months, while Lyft’s subsidiary Flexdrive manages the fleet’s cleaning and upkeep.
- This summer, Waymo reached over 100 million miles driven entirely by autonomous vehicles and became the first company authorized to conduct test rides from San Francisco airport, reinforcing its position as a leader in the U.S. self-driving car industry.
- The partnership indicates Waymo’s strategy to diversify alliances by working with Lyft instead of Uber in Nashville, aiming to expand commercial robotaxi deployments across multiple cities next year.
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Why Lyft Stock Was Climbing Today @themotleyfool #stocks $LYFT
Key PointsLyft and Waymo are teaming up on an autonomous ride-hailing launch in Nashville next year.Lyft will handle fleet management services, and Waymo vehicles will later be available on the Lyft app.The partnership could pave the way to more work with Waymo. 10 stocks we like better than Lyft › Shares of Lyft (NASDAQ: LYFT) were moving higher today after the No. 2 ride-sharing company surprised investors by announcing a new partnership with …
Waymo is headed to Nashville in 2026
Waymo is plotting a route for Tennessee, as it plans to bring its robotaxis to Nashville. The company expects to start autonomous driving operations in the city in the coming months before opening up to the public in 2026. At the outset, folks in the area will be able to hail a ride via the Waymo app. Down the line, Lyft will be able to match users with Waymo rides in Nashville. Waymo is currently up and running in five US cities: San Francisco …
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