Robotaxis

Waymo is partnering with Lyft to launch autonomous vehicles in Nashville, marking their first commercial agreement and sending Lyft’s stock up 10%. Riders will initially access Waymo vehicles through the Waymo One app, eventually integrating into Lyft’s platform. Lyft will manage fleet operations. Waymo, already operating in several cities and surpassing 10 million paid trips, plans further expansion. This move intensifies competition in the autonomous vehicle market, where Waymo faces challenges domestically from companies like Tesla and internationally from Baidu.