View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Leadership
  2. Digital Transformation
July 21, 2017updated 16 Jun 2022 1:14pm

Lyft plans to build own self-driving tech to rival Uber & Google

Lyft develops self-driving car facility in California to compete against rivals Uber and Google in driverless race.

By Hannah Williams

Rideshare company Lyft has revealed that it will be opening its own self-driving car facility in Palo Alto, California, while also developing its own autonomous car technology.

The decision follows the company’s plan to move forward from its regular partnerships in the self-driving field and instead enter the market with its own technology. It is likely that Lyft has also made such decisions to catch up with rival Uber.

Being the biggest move Lyft has made in the autonomous car market, the company refers to it as an ‘Open Platform Initiative.’

Luc Vincent, VP of Engineering, Lyft said: “It’s too strategic for us not to be a player. Lyft is also uniquely positioned to build technology in collaboration with partners in a way that will make it possible to roll out self-driving cars at scale in the fastest, safest, most efficient way.”

According to executives of the company, Lyft will continue to operate its transport network but will eventually begin using autonomous cars together with human drivers in a “hybrid” network.

Read more:Lyft wins $25m investment from Jaguar Land Rover in self-driving push

The company said it expects there to be hundreds working on the development of the self-driving technology at its Palo Alto facility, which it expects to be open in a few weeks.

Lyft’s ‘Open Platform Initiative’ is designed to provide customers with the opportunity to access vehicles from its partners such as Waymo and nuTonomy. The company will also be offering cars with its own Lyft self-driving technology.

Content from our partners
GenAI cybersecurity: "A super-human analyst, with a brain the size of a planet."
Cloud, AI, and cyber security – highlights from DTX Manchester
Infosecurity Europe 2024: Rethink the power of infosecurity

In an interview with CNBC, Vincent said: “When a passenger requests a ride that a self-driving car can complete, we may send one to complete the trip. If that person needs to go somewhere self-driving cars are unable to navigate, or their needs call for a different level of service, they will have a driver.”

The new investment shows the company’s plan to steer customers to the best of both worlds, while accelerating onwards in ongoing competition with rival Uber.

Topics in this article : , , , ,
Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.