Lyft co-founder John Zimmer spoke on autonomous cars, the future of car ownership, and the company’s plans in a recent interview with Bloomberg TV.
Below are some of the highlights:
Overall, Lyft is positioning itself well if car ownership drops and consumers opt to use ride-hailing services for mobility. Zimmer emphasized that while GM thinks car ownership in rural settings could stay steady or increase in the coming years, they see car ownership in urban settings decreasing in the next few years as ride-sharing becomes far less expensive with the advent of autonomy.
Since the start of 2016, automakers, tech companies, and ride-hailing services have been racing to create a driverless taxi service. This service would mirror how an Uber works today, but there wouldn’t be a driver.
So far, the race has been brutal, as companies jockey for position by spending billions to acquire/invest in companies that will help make a driverless taxi service a reality. Uber recently took the pole position by announcing it would begin piloting its self-driving taxi service (with a driver still behind the wheel) in Pittsburgh later this month. But other companies, including almost every automaker, are quickly catching up as we reach the mid-way point in the driverless taxi race.
Read the full article on Business Insider
And check out Zuora CEO Tien Tzuo’s article – Detroit Schools Silicon Valley on the Future of Transportation
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