## Lyft Partners with Intel’s Mobileye and May Mobility for Autonomous Ride-Hailing
Lyft, a prominent ride-hailing platform, is stepping boldly into the future of transportation by partnering with Intel-owned Mobileye and May Mobility to bring autonomous vehicles to its platform. This strategic move positions Lyft as a major player in the rapidly evolving autonomous ride-hailing market.
Lyft’s Partnership with Mobileye
The collaboration with Mobileye, a leading provider of self-driving technology, will make Lyft’s extensive rideshare platform available to all vehicles equipped with Mobileye’s autonomous driving system. This means that future operators of autonomous vehicle fleets will be able to purchase vehicles integrated with Mobileye Drive and leverage Lyft’s robust rider demand network for optimal utilization and profitability. While the specific timeline for integrating Mobileye’s technology into Lyft’s platform is not yet disclosed, the partnership signifies a significant step towards a future of autonomous rideshare services.
May Mobility’s Integration in Atlanta
Adding to its autonomous vehicle ambitions, Lyft has partnered with May Mobility to directly deploy autonomous vehicles in Atlanta starting in 2025. Lyft users in Atlanta will have the opportunity to hail a fleet of Toyota Sienna minivans, outfitted with May Mobility’s autonomous technology. This marks a tangible step towards realizing autonomous ride-hailing in a real-world setting.
Lyft’s Vision for the Future of Transportation
Lyft CEO, David Risher, emphasizes the company’s commitment to connecting autonomous vehicles, drivers, riders, and partners to create new opportunities for all. He envisions a future where millions of people can earn money through the Lyft platform, whether they choose to drive traditional vehicles, deploy their own autonomous vehicles, or both.
The Autonomous Ride-hailing Landscape
Lyft’s foray into the autonomous ride-hailing market comes on the heels of Tesla’s announcement of its plans to launch an autonomous ride-hail service in Texas and California starting next year, subject to regulatory approval. Tesla’s service, which will initially require a safety driver in some states, will utilize its existing Model 3 and Model Y vehicles, with plans to introduce a dedicated robotaxi, the Cybercab, before 2027.
Meanwhile, Uber, Lyft’s primary competitor, has established a partnership with Alphabet Inc’s Waymo. In early 2025, Uber and Waymo plan to deploy fully autonomous, all-electric Jaguar I-PACE vehicles on the Uber app in Austin and Atlanta.
The race for autonomous ride-hailing is heating up, with major players like Lyft, Tesla, and Uber vying for a piece of the future of transportation. Lyft’s strategic partnerships with Mobileye and May Mobility demonstrate its commitment to this exciting and rapidly evolving space.
Market Reaction
Lyft’s announcement was well received by investors, with the company’s shares surging over 20% in after-hours trading following the news. The stock has also shown positive growth year-to-date.
Looking Ahead
Lyft’s bold moves in the autonomous ride-hailing market suggest that the company is well positioned to capitalize on the emerging opportunities in this exciting space. As the technology matures and regulations evolve, we can expect to see further developments and partnerships in the autonomous ride-hailing sector.
