Interesting that Waymo has relationships with both Uber and Lyft now. They can play them off each other for future expansion opportunities, while continuing to learn the nuances of the high-scale rideshare biz from them.
I strongly suspect Waymo has hit break-even. If Google's published numbers on rides per week and fleet size are accurate, and the estimates of price per ride are close, expansion isn't going to be capital constrained.
Is this the first time Waymo has partnered with Lyft? I’ve only heard of Uber partnerships before? From what I can find, previous Lyft collaborations were only pilot testing, not commercial rollouts.
Also interesting that it's not exclusive - they're saying you'll be able to use either the Waymo app or the Lyft app (and get a Waymo at random, presumably). I believe the previous deals with Uber have all been exclusive - no Waymo app in that market.
“As families and businesses move to Tennessee in record numbers, our state continues to lead the nation in finding innovative solutions to transportation challenges," said Governor Bill Lee.
Interesting that Waymo has relationships with both Uber and Lyft now. They can play them off each other for future expansion opportunities, while continuing to learn the nuances of the high-scale rideshare biz from them.
They've also partnered with Moove in Miami and with Avis.
I strongly suspect Waymo has hit break-even. If Google's published numbers on rides per week and fleet size are accurate, and the estimates of price per ride are close, expansion isn't going to be capital constrained.
Even with expensive vehicles and hardware? Plus they are revenue sharing with the host Uber/Lyft platforms.
Feels very unlikely. I think they will need to bring car cost down to hit break even.
The Zeekr vehicle would've brought costs down, but it is now subject to a huge tariff. No telling how much that has set them back.
Is this the first time Waymo has partnered with Lyft? I’ve only heard of Uber partnerships before? From what I can find, previous Lyft collaborations were only pilot testing, not commercial rollouts.
Also interesting that it's not exclusive - they're saying you'll be able to use either the Waymo app or the Lyft app (and get a Waymo at random, presumably). I believe the previous deals with Uber have all been exclusive - no Waymo app in that market.
“As families and businesses move to Tennessee in record numbers, our state continues to lead the nation in finding innovative solutions to transportation challenges," said Governor Bill Lee.
Innovative. That must have felt nice to claim
From market standpoint I am curious if Google or Amazon is willing to acquire Lyft for the tech and customer base.
Lyft is a good distribution channel for their self driving car initiatives with good coverage, Uber is too expensive at this moment.
what moat does lyft have? i know san francisco is a special case but waymo is already beating out lyft, with its own app: https://www.fastcompany.com/91347503/waymo-is-winning-in-san...
This feels like an inflection point.
We're now at San Francisco, SFO airport, Austin, Nashville, and NYC, is that right?
They're in the Phoenix area as well.
List of cities here: https://waymo.com/rides/
And Atlanta via Uber
Nobody needs this.
This is incentivized as private enterprise developing autonomous warfare tech.