GM And Lyft Work Together

Today started a new long-term alliance

between General Motors and Lyft

Today in San Francisco started a new long-term alliance between General Motors and Lyft. The Lyft, Inc. offers ride-sharing services in over 190 cities in the U.S. The goal of this partnership is to create an integrated network of on-demand autonomous vehicles in the U.S.

This is going to happen because GM will invest $500 million into Lyft. Thus it will help Lyft to continue its rapid growth of successful ride-sharing service. After the investment, GM will have a seat on the Lyft, Inc. board of directors.

Some of the benefits of the alliance between the GM and Lyft are that the joint development of a network of on-demand autonomous vehicles will leverage GM’s deep knowledge of autonomous technology. And the Lyft will provide a broad choice of ride-sharing services.

Another result of this partnership is that GM will become a preferred provider of short-term use vehicles to Lyft drivers using rental hubs in various cities in the U.S.

The drivers and customers will receive access to GM’s wide portfolio of cars and OnStar services. Both companies will provide to their customers personalized mobility services and experiences through their respective channels.

General Motors President Dan Ammann (center)

with Lyft Inc. co-founders John Zimmer (right)

and Logan Green (left)

“We see the future of personal mobility as connected, seamless and autonomous,” said GM President Dan Ammann. “With GM and Lyft working together, we believe we can successfully implement this vision more rapidly.”

John Zimmer, president and co-founder of Lyft, said: “Working with GM, Lyft will continue to unlock new transportation experiences that bring positive change to our daily lives. Together we will build a better future by redefining traditional car ownership.”