Waymo's robotaxi expansion will get a Lyft in Nashville next year

Core Insights - Waymo will launch its driverless robotaxi service in Nashville, Tennessee, next year, partnering with Lyft instead of Uber [1] - This collaboration allows Waymo's robotaxis to be available on the apps of the two largest ride-hailing services in the U.S. [2] Company Developments - Lyft's shares increased by approximately 17% following the announcement of the partnership with Waymo [3] - Waymo is already operating robotaxis through Uber's app in Atlanta and Austin, Texas, while Tesla is testing a limited driverless service in Austin [3] - Lyft's stock price remains about 50% lower than its value at the end of 2019, contrasting with Uber's market value, which has tripled since then [4] Historical Context - Waymo and Lyft previously collaborated during the testing phase of Waymo's robotaxi service in Phoenix in 2019, which ended after Waymo expanded its service [6] - Since its inception, Waymo's robotaxis have completed over 250,000 trips across various cities, including the San Francisco Bay Area, Los Angeles, Austin, and Atlanta [7]