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-0.00102145045965287 -0.00102145045965287 -0.00102145045965287 -0.00102145045965287 0.00357507660878449 0.00357507660878449 0.00357507660878449 0.00204290091930537
Stock impact report

Uber, Lyft to test Baidu robotaxis in UK from next year [Yahoo! Finance]

Lyft, Inc. - Class A (LYFT) 
Last lyft, inc. - class a earnings: 2/11 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
It highlights ?how ride-hailing platforms are accelerating autonomous rollout through partnerships, positioning London as an early proving ground for large-scale robotaxi services in Europe. Lyft, meanwhile, plans to deploy Baidu's autonomous vehicles in ?Germany and the UK ?under its platform, pending regulatory approval. Both companies have abandoned in-house development of autonomous vehicles ?and now rely on alliances to accelerate adoption. The partnerships underscore how global robotaxi rollouts are gaining momentum. Alphabet's Waymo said in October ?it would start tests in London this month, while ?Baidu and WeRide have launched operations in the Middle East and Switzerland. Robotaxis promise safer, greener and more cost-efficient rides, but profitability remains uncertain. Public companies like Pony.ai and WeRide are still loss-making, and analysts warn the economics of ?expensive fleets could pressure margins for ?platforms such as Uber and Lyft. Analysts ?have said Show less Read more
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