News Summary

Lyft has announced its intention to launch a fleet of fully autonomous robotaxis in Dallas, Texas, by 2026, utilizing technology from Intel’s Mobileye. This initiative is part of a partnership with Japanese conglomerate Marubeni, which owns and manages a fleet of over 900,000 vehicles globally. The Mobileye-equipped robotaxis will be accessible via the Lyft app once the program commences. This move is seen as a strategic effort by Lyft to compete with Uber, which has secured numerous partnerships in the autonomous vehicle sector. Lyft’s announcement has led to a 5% increase in its share value, while Mobileye’s shares jumped by 11.6%.