Lyft announces ambitious renewable energy targets for autonomous vehicles

Ride-sharing company Lyft has announced some ambitious targets to power all of the autonomous vehicles using its platform in the future from 100 per cent renewable energy.

Lyft is seeking to provide at minimum 1 billion rides per year via electric autonomous vehicles by 2025. It says it expects “the majority” of the trips taken using its service will be made in self-driving cars by 2021.

To hit that target, Lyft has been revving up strategic partnerships. In February, the firm unveiled plans to test automated, all-electric Chevy Bolts in several US states, as part of an ongoing relationship with General Motors. In May, Lyft inked a deal with Waymo, Alphabet's self-driving software arm, to work on developing technologies together. Earlier this month, it announced that it will offer automated ride-hailing in Boston with the AV maker nuTonomoy, which will start later this year.

Lyft has released a climate change statement stating that “We believe that ridesharing, combined with autonomous vehicles, will be the driving force that brings electric vehicles from a tiny portion (~0.1%) of all cars on the road today to a significant majority within 20 years.”

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