Lyft Plans Dallas Robotaxi Rollout by 2026

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Ride-hailing company Lyft is taking its next big step in transportation - self-driving taxis in Dallas by 2026.

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Both companies saw immediate benefits - Lyft's stock price went up by 4.6%, while Mobileye's jumped to 17%.

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Lyft will handle booking rides and managing the cars, while Mobileye provides the self-driving technology.

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They tried building their own technology before, but ended up selling that project to Toyota in 2021.

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Their biggest competitor, Uber, is already working with another self-driving company called Waymo.

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The cars will use Mobileye's technology, which is already used by car makers like Audi, Volkswagen and Nissan.

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1. This means they already know how to handle important tasks like charging, cleaning, and fixing vehicles.

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Lyft will need to show both city officials and the public that their self-driving cars can operate safely.

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