Lyft, Motional to launch robotaxi service in Los Angeles

Reuters

Published Nov 17, 2022 09:26AM ET

(Reuters) - Lyft (NASDAQ:LYFT) and driverless technology firm Motional said on Thursday that residents in Los Angeles will be able to book robotaxis on the ride-hailing company's app, but did not specify by when the service will be available.

Tough regulatory scrutiny and delayed commercial adoption of autonomous vehicle technology have delayed deployment of robotaxi services, worrying investors.

Los Angeles will become the second city where the companies will offer the driverless taxi service after Las Vegas.

Motional which uses Hyundai Motor Co's IONIQ5 electric car for the robotaxi service is a joint venture between the South Korean manufacturer and automotive technology company Aptiv (NYSE:APTV).