+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

GM and Lyft will start testing self-driving electric taxis on public roads 'within a year'

May 5, 2016, 20:36 IST

A Lyft customer gets into a car on January 21, 2014 in San Francisco, California.Justin Sullivan/Getty Images

GM and Lyft will start testing self-driving electric taxis on public roads "within a year," according to the Wall Street Journal.

Advertisement

This comes after GM recently invested $500 million Lyft, and acquired self-driving car technology company Cruise Automation, in a reported $1 billion deal.

The program will feature electric Chevy Bolts and "real customers," who will have the chance to opt in or out, but many details haven't been hashed out, a Lyft executive told the Journal.

"We will want to vet the autonomous tech between Cruise, GM and ourselves and slowly introduce this into markets," Taggart Matthiesen, Lyft's product director, told The Journal. The company wants to "ensure that cities would have full understanding of what we are trying to do here."

News of the rollout largely matches expectations, as GM unveiled the production model of the Chevy Bolt at the Detroit Auto Show in January, and the company has announced the new Bolts will begin rolling off production lines later this year. GM has also been actively developing its self-driving tech for years.

Advertisement

If Lyft wants to compete with the much bigger and better-funded Uber, it will need help. Sidecar, which was once a semipopular alternative to Lyft and Uber, shut down because it wasn't able to raise as much money or grow as quickly as its competition. Uber, Google, and Tesla are also separately working on driverless cars.

Business Insider has reached out to Lyft and GM for comment.

You can read The Wall Street Journal's full report here.

Additional reporting by Alyson Shontell and Steven Tweedie.

NOW WATCH: Only in San Francisco - inside the 232-square-foot micro apartment that sold for nearly $425,000

Please enable Javascript to watch this video
You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article