Lyft Inc. will launch no driver trips with the technology provider and Intel Corp. Spin -off Mobileye Global Inc. in Dallas as soon as 2026, based on an association that was announced for the first time last November.
Lyft customers in the city of Texas will be able to reserve autonomous vehicles that use Mobileye technology and are owned by the car financing firm and fleets based in Tokyo Marubeni Corp., said executive director David Risher in a networking Social about X. The company’s plans. To climb thousands of vehicles to additional cities, said a spokesman, adding that it is in “advanced planning stages to finish” its autonomous vehicle platform.
The travel company shared with headquarters in San Francisco is updating by offering autonomous trips to its customers. Last November, he also announced plans to implement a Toyota Sienna Sienna Autonomous Minivans fleet with the startup backed by Toyota Motor Corp. May Mobility from 2025. Rival Uber Technologies Inc. has been offering trips without driver in Phoenix through a Association with Waymo LLC LLC LLC since October 2023. The two companies will launch Walks without driver in Austin in March and Atlanta this summer.
Lyft’s shares increased to 7.2% after the markets opened in New York on Monday. Mobileye’s actions shot up to 18% after the announcement, as well as an update of Bofa Securities Inc.
Risher of Lyft said in his position that Marubeni manages more than 900,000 vehicles through several subsidiaries and joint companies and that he has seen a growth year after year in his car financing business. Marubeni will also use experience in Lyft’s Car Rental and Fleet Unit Flexdrive Services LLC “to ensure that they are taking full advantage of vehicles,” Risher added.
Photo: A vehicle leaves the shared travel collection area showing Lyft signaling at the San Francisco International Airport in San Francisco, California, USA, on Thursday, February 3, 2022. Lyft Inc. Publish profit figures on February 8. Photographer: David Paul Morris/Bloomberg
Copyright 2025 Bloomberg.
Topics Share the economy of shared travel
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