financetom
Business
financetom
/
Business
/
Lyft to roll out Mobileye powered-robotaxis 'as soon as 2026'
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Lyft to roll out Mobileye powered-robotaxis 'as soon as 2026'
Feb 10, 2025 6:35 AM

(Reuters) -U.S. ride-hailing firm Lyft ( LYFT ) is planning to launch fully autonomous robotaxis, powered by Mobileye, to its app "as soon as 2026" in Dallas, CEO David Risher said in a post on X on Monday.

Shares of Lyft ( LYFT ) rose 5% in premarket trading following the report, while Mobileye jumped 11.6%.

Marubeni, a Japanese conglomerate with experience managing fleets, will own and finance the Mobileye-equipped vehicles that will show up on Lyft's ( LYFT ) ride-hailing app, Risher said.

Mobileye had said in November last year that it was partnering with Lyft ( LYFT ) to bring autonomous vehicles to the ride-hailing firms network.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Cinema group pushes for movies to stay in theaters longer
Cinema group pushes for movies to stay in theaters longer
Apr 1, 2025
* Cinema United calls for 45-day exclusivity to boost box office * Streaming reduced traditional 90-day theater exclusivity, impacting box office * Sony ( SONY ) open to collaboration on theatrical windows, pricing flexibility By Lisa Richwine LAS VEGAS, April 1 (Reuters) - Movie theater owners are making a new push to keep films in cinemas for a longer period...
FAA must address concerns before extending Boeing regulatory program, senator says
FAA must address concerns before extending Boeing regulatory program, senator says
Apr 1, 2025
WASHINGTON (Reuters) - Democratic Senator Maria Cantwell on Tuesday urged the Federal Aviation Administration to address critical concerns before deciding whether to extend a program that allows Boeing ( BA ) to perform FAA-delegated tasks like inspections and approving repairs. The FAA in May 2022 opted to renew Boeing's ( BA ) Organization Designation Authorization program for three years, rather...
-- Enthusiast Gaming Brief: Keeps Buy, Price Target Lowered Co C$0.60 From $0.80 at B.Riley, In Maintaining 1.5x EV/Sales Valuation Methodology
-- Enthusiast Gaming Brief: Keeps Buy, Price Target Lowered Co C$0.60 From $0.80 at B.Riley, In Maintaining 1.5x EV/Sales Valuation Methodology
Apr 1, 2025
03:00 PM EDT, 04/01/2025 (MT Newswires) -- Price: 0.09, Change: -0.01, Percent Change: -10.53 ...
Newsmax Stock Soars More Than 100% As IPO Momentum Continues: What's Going On?
Newsmax Stock Soars More Than 100% As IPO Momentum Continues: What's Going On?
Apr 1, 2025
Newsmax Inc. ( NMAX ) shares are ripping higher again on Tuesday as the stock continues to gain momentum following its explosive IPO debut. What To Know: According to the Economic Times, conservative cable news network Newsmax ( NMAX ) went public at $10 per share and quickly surged over 500% on its first day of trading. The stock opened...
Copyright 2023-2026 - www.financetom.com All Rights Reserved