logo
Plus   Neg
Share
Email

Lyft, Motional To Launch Robotaxi Services In Major U.S. Cities In 2023

Motional, a driverless technology company, said Wednesday that it plans to launch fully driverless robotaxi services in major U.S. cities in 2023 using the Lyft ride-hailing network.

It follows an ongoing three-year partnership, in which Motional and Lyft operate commercial robotaxi service in Las Vegas.

Motional, a joint venture between Hyundai Motor Co and auto supplier Aptiv Plc, said that it will deliver state-of-the-art, next-generation robotaxis, based on a Hyundai vehicle platform.

Motional also said that Lyft will power the rideshare network and customer experience. The services will begin rolling out in 2023, with foundations laid for further expansion across the Lyft network. Launch markets will be announced at a later date.

Earlier this month, Self-driving vehicle technology company Aurora agreed to buy Uber's self-driving unit, Advanced Technologies Group. After the deal, Aurora reportedly would be worth $10 billion and Uber would hold 26% stake in the company.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
The U.S. Food and Drug Administration said that it will rapidly work toward finalization and issuance of an emergency use authorization of Johnson & Johnson's (JNJ) single-shot COVID-19 vaccine candidate. Billionaire Warren Buffett's Berkshire Hathaway Inc. (BRK.A, BRK.B) reported that its fourth-quarter net earnings attributable to shareholders rose 23 percent to $35.84 billion from last year's $29.16 billion, with earnings per share improving to $23,015 per Class A share from $17,909 per Class A share in the prior year. Walmart Inc. has launched a nationwide drive to boost COVID-19 vaccination rates by reaching out to more residents in vulnerable communities. The retail giant will organize a series of community events at 43 locations in 18 states to administer the COVID-19 vaccine. Walmart said it plans to continue these new events over the next several weeks as vaccine allocations allow.
Follow RTT