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Stock impact report

Uber, Lyft set to trial robotaxis in the UK in partnership with China's Baidu [CNBC]

Lyft, Inc. - Class A (LYFT) 
Last lyft, inc. - class a earnings: 2/11 04:05 pm Check Earnings Report
Company Research Source: CNBC
A Baidu Apollo RT6 robotaxi during Baidu's Apollo Day in Wuhan, China, on Wednesday, May 15, 2024. Bloomberg | Bloomberg | Getty Images Chinese tech giant Baidu has announced plans to bring robotaxis to London starting next year through its partnerships with Lyft and Uber, as the UK emerges as a growing autonomous vehicle battleground. The announced collaborations will bring Baidu's Apollo Go autonomous vehicles to the British capital through the Uber and Lyft platforms, the companies said on their respective social media accounts. Lyft's testing of Baidu's initial fleet of dozens of vehicles will begin in 2026, pending regulatory approval, “with plans to scale to hundreds from there,” Lyft CEO David Risher said in a post on social media platform X on Monday. Meanwhile, Uber said that its first pilot is expected to start in the first half of 2026. “We're excited to accelerate Britain's leadership in the future of mobility, bringing another safe and reliable travel option to Show less Read more
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