
Lyft shares soar following Waymo partnership

Uber rival Lyft has seen its stock rise following the announcement of its partnership with autonomous car company Waymo. The new partnership will see riders be able to hail Waymo rides in Nashville through the Waymo app, and in late 2026, riders will be able to use the Lyft app to match with a Waymo vehicle. It will also leverage Lyft’s proprietary integrated fleet management services through its Flexdrive subsidiary, providing end-to-end fleet management. “Waymo has proven that its autonomous technology works at scale. When combined with Lyft's customer-obsession and world-class fleet management capabilities, it's two great tastes that go great together,” Lyft CEO David Risher said. “Lyft’s extensive fleet management capabilities through Flexdrive make them an ideal partner for expanding to Nashville,” Waymo co-CEO Tekedra Mawakana said. Following this announcement, Lyft’s share price rose 13.3% during Wednesday's United States trade, bringing Lyft’s share price to its highest point since May 2022. Governor of Tennessee, Bill Lee, said he looks forward to seeing Waymo’s launch in the state. "By leveraging private sector technologies like Waymo's fully autonomous vehicles, we're exploring possibilities we coul






