Lyft and Waymo Bring Autonomous Ride-Hailing Services to Nashville

Lyft has announced a partnership with Alphabet subsidiary Waymo to offer autonomous ride-hailing services in Nashville starting in 2026. The news resulted in a significant jump in stock prices: Lyft shares rose by 13% in trading, while competitor Uber dropped by 5%. This underscores the strategic importance of the project to the market. Synergy of platform and technology The model stipulates that Waymo will operate its fleet of autonomous vehicles in Nashville, while Lyft will manage fleet operations through its subsidiary Flexdrive. This combination...