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Driverless taxis are coming to Europe. American ride-hailing company Lyft has announced a partnership with Chinese tech giant Baidu to begin offering robotaxis in Germany and the UK starting in 2026.
Lyft plans to deploy Baidu Apollo Go's RT6 robotaxis in Germany and the U.K. starting next year, pending regulatory approvals.
Lyft Partnerships and European Expansion Increases the Addressable Market, but Uber Remains Dominant
In terms of research and development, Uber and Lyft have pulled back from capital-intensive autonomous technology. While this has boosted near-term profitability, it also introduces some uncertainty ...
For just a minute, can we put aside relentless fundraising from artificial intelligence startups? Let’s give some airtime to ...
He added: "While Lyft's results were robust, investors are likely selling off the stock because it is growing far slower than Uber, owns less of the ride-share market, and is far less aggressive in ...
Key Points GAAP revenue for Q2 2025 was $1.60 billion, missing analyst estimates by 0.68% (GAAP), Revenue was $1.59 billion, missing analyst estimates by 0.68%, but rising approximately 10.6% ...
Lyft's quarterly revenue miss overshadowed an upbeat gross bookings forecast for the September-quarter on Wednesday, as the ...
Uber’s rideshare division missed Wall Street estimates, disappointing investors who were looking for signs of more robust ...
Lyft forecast current-quarter gross bookings above market expectations on Wednesday, indicating steady demand for its ride-hailing services as it expands in Europe.
The average rental car price per day in Iceland is $25 – $200, based on a sample search on Discover Cars. Prices vary based ...
Uber Technologies Inc.’s upbeat forecast and better-than-expected quarterly gross bookings failed to boost the rideshare and ...
According to the statement, Apollo Go will launch autonomous ride-hailing services in Europe via Lyft's vast transportation ...
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