Lyft Teams Up With Intel's Mobileye, May Mobility For Robotaxi Services As Tesla Gears Up To Enter Autonomous Riding Hailing Market

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Lyft Teams Up With Intel's Mobileye, May Mobility For Robotaxi Services As Tesla Gears Up To Enter Autonomous Riding Hailing Market - Benzinga

Quick Summary:

What Happened: As part of Lyft’s partnership with Intel-owned Mobileye, the company will make its scaled rideshare platform available to all vehicles with Mobileye's self-driving technology.“The objective is for future AV operators who want to deploy and manage large-scale fleets in various metropolitan areas in North America to purchase Mobileye Drive equipped, "Lyft-ready" vehicles from vehicle builders, access Lyft's rider demand and optimize utilization and profitability of their fleets,” Mobileye said about the partnership.

Uber's rival ride-hailing platform, Lyft Inc.(NASDAQ:LYFT) said on Wednesday that it has partnered with Intel Corp.-owned (NASDAQ:INTC) Mobileye, and May Mobility to provide autonomous vehicle rides to its customers.

May Mobility, meanwhile, will directly deploy autonomous vehicles to the Lyft platform in Atlanta starting in 2025, Lyft said.