#CNBC Lyft shares pop on Waymo deal to bring robotaxis to Nashville next year
Lyft shares pop on Waymo deal to bring robotaxis to Nashville next year
Shares of Lyft ended the week up over 20% after the rideshare company announced a deal with Waymo to bring robotaxis to Nashville next year.
Waymo has partnered with Uber for several years, but this is its first commercial partnership with Lyft.
Lyft, in a unique aspect of the deal, “will provide end-to-end fleet management services including vehicle readiness and maintenance, infrastructure, and depot operations in Nashville,” for the Waymo fleet, the companies said in a joint statement on Wednesday.
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