Lyft and Waymo to Work Together on Self-Driving Cars

It's a big step forward for autonomous ridesharing.
Lyft and Waymo to Work Together on Self-Driving Cars
Image credit: Reuters/Brendan McDermid via engadget

Grow Your Business, Not Your Inbox

Stay informed and join our daily newsletter now!
This story originally appeared on Engadget

Waymo just got a ton of help in its bid to make a common sight on public roads. The Alphabet-owned company and Lyft have forged a deal that will see the two work together on self-driving cars, both for development and for test projects. The exact terms aren't clear, but both have strong incentives to team up.

Waymo tells the  that it's about helping autonomous tech "reach more people, in more places." For Lyft, meanwhile, it's about getting access to the "best self-driving technology" and speeding up its plans for autonomous ridesharing.

The Times's Mike Isaac adds that Lyft's pacts with both Waymo and GM are non-exclusive, so it doesn't have to worry about treading on one of its partners' toes.

It's safe to say the agreement is a coup for Lyft in more ways than one. This fast-tracks its strategy, of course, but it's also a particularly deep blow against its arch-nemesis Uber. 's firm has not only been accused of swiping Waymo's technology, but now has to watch as Waymo runs into the open arms of its ridesharing rival. Even though Lyft's existing coverage is small, it could claim a huge advantage over Uber if it's the first of the two with a widely available (not to mention trustworthy) self-driving option. Would you rather hope there's a driver available at 2 a.m., or know that a robotic car is always ready to take you home?

For Waymo, this is a good sign that its driverless tech is evolving into more than just a grand experiment. While it already has a deal with Fiat Chrysler (and the potential for one with Honda), that's not the same as offering actual service. The Lyft collaboration gives Waymo's efforts a clearer purpose: it knows there's a large customer willing to use its technology the moment it's ready for public consumption. That, in turn, could help you hop into an autonomous Lyft car sooner than you might have expected.

More from Entrepreneur

Get heaping discounts to books you love delivered straight to your inbox. We’ll feature a different book each week and share exclusive deals you won’t find anywhere else.
Amplify your business knowledge and reach your full entrepreneurial potential with Entrepreneur Insider’s exclusive benefits. For just $5 per month, get access to premium content, webinars, an ad-free experience, and more! Plus, enjoy a FREE 1-year Entrepreneur magazine subscription.
Entrepreneur Store scours the web for the newest software, gadgets & web services. Explore our giveaways, bundles, "Pay What You Want" deals & more.

Latest on Entrepreneur