$Lyft, Inc.(LYFT)$ has announced a partnership with May Mobility to launch commercial Robotaxi operations this summer.
May Mobility, a customer of Ouster, equips each Robotaxi with four Ouster OS1 LiDAR sensors and one VLS-128 LiDAR sensor, generating an estimated $20,000 in revenue per vehicle for Ouster. This collaboration not only accelerates the adoption of autonomous driving technology but also unlocks new growth potential for Lyft.
As the Robotaxi fleet expands, Lyft is positioning itself more competitively in the future of autonomous mobility, paving the way for a business model upgrade that could drive substantial long-term returns—making it a stock worth watching.
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