GM Invests $500M in Lyft For Autonomous Taxis

The future of ride-sharing and car ownership is in the works.

General Motors Partners with Lyft - Self-Driving Cars

 

Just before Christmas 2015, news spread that Ford had partnered with Google to build self driving cars to create a new ride-sharing business; Google will take advantage of Ford’s experience with actually manufacturing cars, and they will both work to perfect the autonomous technology.

GM’s similar venture, announced at the very start of 2016, is slightly different. They’ve just given the ride-sharing company, Lyft, a half billion dollars for the research and development of self-driving cars to establish “a long-term strategic alliance to create an integrated network of on-demand autonomous vehicles in the U.S.”

Of course, nothing is going to change overnight, and no one has really given an actual time frame in which this technology will actually be real. In the meantime, General Motors is taking advantage of the partnership by becoming a preferred provider of short-term use vehicles through rental hubs for Lyft drivers in various cities throughout the U.S. These drivers and customers will, as a result, have access to GM’s wide portfolio of cars and OnStar services (like Wi-Fi), creating richer ride-sharing experiences for drivers and passengers. GM and Lyft also aim to provide each other’s customers with personalized mobility services and experiences through their respective channels.

Now the question is when will this technology actually become a reality for the general public?

Share Your Thoughts!

1977 Chevrolet Camaro advertisement: Self-driving cars are definitely an interesting idea and will be a huge shift for American culture. But there’s different sides to it. The upside: You don’t have to pay attention! You can play on your phone all you want and you’ll just be shuttled to wherever you need to go. The safety factor as far as drunk, reckless, and distracted driving is a huge deal and would save a lot of people’s lives on the road. Time spent at the DMV will be significantly reduced if we’re not required to have a drivers license! Downside? There are a lot of people out there that do love driving. Cars are a huge part of American culture and if they will all be able to drive themselves, would it kill that part of our identity? (We realize how morbid that sounds.)

What do you think? Share your thoughts in the comments below!

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