Latest news with #MayMobility
Malaysian Reserve
10-07-2025
- Automotive
- Malaysian Reserve
May Mobility Launches Ride-Hail API, Signaling Readiness to Scale Autonomous Deployments Globally
— With the release of software updates, May Mobility readies for deployments in Atlanta this summer with Lyft and in Arlington, TX later this year with Uber – — Technology milestones further demonstrate May Mobility's Multi-PolicyDecision Making (MPDM) as a leading Autonomy-as-a-Service (AaaS) platformamong the world's top ride-hail companies – ANN ARBOR, Mich., July 10, 2025 /PRNewswire/ — May Mobility, a leading autonomous vehicle (AV) technology company, today announced the launch of the Ride-Hail Integration API. This development expands the company's Autonomy-as-a-Service (AaaS) offering, readying it for scale in urban markets on ride-hail platforms globally. The Ride-Hail Integration API is engineered to enable seamless connectivity between May Mobility's autonomous fleet and the consumer-facing ride-hail platforms utilized around the globe. This proprietary API facilitates the dynamic pick-up and drop-off routing ride-hail users expect, while ensuring that May Mobility's autonomous vehicles choose the optimal locations for riders to embark and disembark safely and conveniently. Importantly, the API provides a robust foundation for deployment of AVs at scale across multiple ride-hail platforms by ensuring that integrations with platform providers will be technically smooth and efficient around the world. These updates additionally incorporate May Mobility's capability to operate in both left- and right-hand driving geographies, facilitating May Mobility deployments in the U.S., Japan and future international locations. The Ride-Hail Integration API release is also supported with new autonomy enhancements to May Mobility's patented Multi-Policy Decision Making (MPDM) system to handle the complexities of urban environments. These upgrades improve the rider experience through: Advanced precision handling of narrow, city streets More human-like maneuvering around agents like double-parked cars Smoother accelerations and braking for more comfortable rides The milestone marks a key step as May Mobility prepares to launch with Lyft in and around Midtown Atlanta this summer, and a planned deployment with Uber later this year in Arlington, TX. May Mobility is the only U.S. AV company that has announced plans to launch on both major ride-hail platforms in 2025, and is one of just three providing commercial driverless trips on public roads in the U.S. May Mobility's ride-hail launches will start with standby operators this year before transitioning to driverless operations. May Mobility's vehicles are equipped with its patented Multi-Policy Decision Making (MPDM). MPDM distinguishes May Mobility from other AV technology players, whose systems fully rely on predefined scenarios and struggle when real-world situations don't exactly match. MPDM technology integrates LIDAR, RADAR and cameras to employ real-time, human-like reasoning to handle the unexpected on roads with AI-powered speed and precision. 'With today's software announcement, our riders will experience optimized pick-up and drop-off times and a smoother ride from beginning to end,' said Jacob Crossman, senior vice president of autonomy engineering at May Mobility. 'As the AV market moves from initial operations to broader availability, we are excited to bring thousands of AVs to the world's leading ride-hail platforms, helping riders experience greater safety and freedom of mobility.' About May MobilityMay Mobility is an autonomous vehicle (AV) technology company redefining the future of autonomy-as-a-service (AaaS). Leveraging its patented Multi-Policy Decision Making (MPDM) system, May Mobility built an industry-leading in-situ AI solution, which integrates real-time data every 200 milliseconds to ensure safety and efficiency, even in unpredictable situations. May Mobility's technology pairs live, online learning with traditional offline training, enabling rapid deployment in a fraction of the time. Operating on-demand vehicles across the U.S. and Japan, May Mobility delivers safer, more efficient transportation across diverse environments, including rural cities, dense urban areas and diverse weather conditions. Backed by strategic partnerships with industry leaders, including Toyota Motor Corporation and NTT, May Mobility is disrupting the autonomous vehicle industry with one of the most practical vehicle offerings available. The company has completed nearly half a million rides across 19 deployments worldwide. For more information, visit
Fast Company
26-06-2025
- Automotive
- Fast Company
Why Lyft is convening its drivers to plan the future of robotaxis
Robotaxis are crashing into the rideshare market. Drivers for apps like Uber and Lyft are growing worried about autonomous vehicles. Waymo has already deployed their vehicles across a handful of cities, taking riders from place to place without the need for a human driver. Waymo partnered with Uber in Austin, where Uber CEO Dara Khosrowshahi said the robotaxis were 'busier than over 99% of all drivers.' The gig workers worry that their demand may be crushed, or that their wages and tips will be suppressed, thanks to the growing self-driving alternative. As Lyft dips into the AV race, the rideshare company is hoping to involve its drivers directly into the process. Lyft's new Driver Autonomous Forum will convene 6 to 10 drivers to discuss individual points of challenge in the AV expansion. Lyft envisions the program as a direct channel between drivers and senior leadership. The first will be held in Atlanta, where Lyft is soon debuting their partnership with May Mobility. 'We know AVs are going to transform the transportation network business, and we know this is something that drivers who come to Lyft care about deeply,' Jeremy Bird, Lyft's executive vice president of driver experience, writes in an email to Fast Company. 'We wanted to create an intentional, structured way to gather their feedback on how we can innovate in a human-centered way.' Inside the Lyft Driver Autonomous Forum As Lyft debuts its Atlanta AV options, the company is looking for feedback. The company has no plans to eliminate human drivers entirely; Bird continuously refers to a 'hybrid' economy of human-driven and autonomous vehicles. But Lyft understands that robotaxis will necessarily distort the rideshare labor market. 'We're using qualitative data—things like driver ratings and loyalty status—to identify drivers who are both highly qualified and invested in our shared success,' Bird wrote. 'Some drivers will participate in multiple meetings to ensure continuity, while others will rotate in based on their specific expertise or regional knowledge.' Rideshare drivers have already seen their business hurt by robotaxis. Phoenix and Los Angeles are especially overloaded with Waymos. Drivers from those cities told Business Insider that they saw decreased earnings after the deployment, and that they had to focus on more lucrative airport trips to earn their living. As these self-driving vehicles flood the market, part of the battle might be shifting gig-work drivers to other positions. Lyft understands this; the Driver Autonomous Forums will spend time discussing the growth of alternative work. 'Things like remote vehicle support, fleet management, or other roles we haven't even thought of yet,' Bird wrote. How can rideshare companies prepare their drivers for robotaxis? Most rideshare companies are unwilling to claim that their drivers will be directly replaced by robotaxis. In his email, Bird noted that 'AVs don't just compete with drivers for a slice of the rideshare pie; they grow the pie.' Uber's robotaxi chief Andrew McDonald previously said that 'there will be more Uber drivers in 10 years, not less.' But drivers are worried. Michele Dottin is a longtime rideshare driver and the executive director for education at the Independent Drivers Guild. She doesn't want to temper or collaborate on the robotaxi expansion—she wants to stop it. 'How many hundreds of thousands of drivers are going to be out of work?' Dottin asks. 'These vehicles won't be buying food. They won't be going to the grocery store or buying clothes. Not only does it affect our immediate economy, but it affects all the other industries that rely on people to go out and shop.' Dottin makes the comparison to the shift from in-person retail to e-commerce. Customers were told that the solution was more convenient. 'How many teenagers used those jobs in the summer to make a little money? Now there's nowhere for them to go,' Dottin says. The drivers Dottin has spoken to aren't just worried about a loss of income—they're also worried about a loss of 'independence,' just like those retail workers now relegated to an Amazon warehouse. Lyft and Uber drivers operate in the gig economy, where their work is highly variable. According to a 2015 survey, 69% of Uber drivers had other part-time or full-time jobs—a number experts expect has increased in the proceeding decade. In high-cost New York City, the average Uber driver makes about $32 per hour, though their income varies based on the time and distances they drive, as well as how many rides they take on. Because of the variable market, Andrew Garin cautions against thinking of robotaxi replacement as job loss. Garin studies the gig economy as an assistant professor of economics at Carnegie Mellon University. His research demonstrates that ridesharing is not the primary job for most drivers. Drivers may not be losing their 9-to-5, but they could be losing an income stream. 'It's going to be hard to make the same living you did when there were great jobs waiting every second when you drop someone off,' Garin says. 'So yes, it's going to cut into that.' Lyft's Driver Autonomous Forum isn't going to change these market conditions. It won't stop the shifting demands for a labor market already hit hard by COVID-19, and it won't make sure high-tipping riders are always available for human drivers. But it will, at a minimum, hear them out.
Yahoo
07-06-2025
- Business
- Yahoo
RBC Capital Reiterated an Outperform Rating on Lyft (LYFT), Assigning a $21 PT
On June 5, RBC Capital analysts maintained an Outperform rating on Lyft, Inc. (NASDAQ:LYFT) with a price target of $21. The analysts mentioned the current rationality in the ride-sharing space, observing identical pricing and pick-up windows for Lyft and Uber, its market rival. Lyft's revenue has demonstrated solid growth over the last year, coming in at 27%. A ridesharing passenger and driver in a car, looking out the window in anticipation of their destination. RBC reported that Lyft, Inc. (NASDAQ:LYFT) is a sector winner year-to-date, ranking fifth overall with an 18% increase, compared to the 1% boost in the Nasdaq. According to the analysts, this performance was driven by Lyft's limited tariff exposure and GenAI concerns, combined with strong execution. Another positive development commended by RBC was Lyft, Inc. (NASDAQ:LYFT)'s autonomous vehicle launch with May Mobility, which is on the horizon. However, the soon-to-be Tesla launch is a potential competitive risk, though analysts commented that a stock selloff related to Tesla was a buying opportunity. The analysts also highlighted Lyft's promising valuation at 7.3x its forecasted 2026 EBITDA. This valuation, paired with the company's tactical plans, was a factor that contributed to RBC's Outperform rating. Lyft, Inc. (NASDAQ:LYFT) is a leading peer-to-peer transportation company operating across the United States and Canada, offering ridesharing, shared bikes/scooters, and Express Drive rentals. While we acknowledge the potential of LYFT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
30-05-2025
- Automotive
- Yahoo
Autonomous vehicles not far off for B.C. roads, once officials allow them
Self-driving cars aren't something you will find on B.C. streets — last year, the province prohibited the use of fully automated features — but tech optimists promise that autonomous transportation really is just around the corner, after more than a decade of experiments. Autonomous vehicles are on the streets of a growing number of U.S. and United Kingdom cities, and the artificial intelligence behind the technology has 'really turned a corner,' according to Jamie Shotton, chief scientist for the company Wayve. Shotton was on one of two panels that discussed advances in autonomous transportation during the tech conference Web Summit at the Vancouver Convention Centre on Thursday. 'It's like a lightbulb has gone off in the AI's brain,' Shotton said of his company's artificial intelligence-powered system. 'It's now able to really cope with remarkable complexity, and furthermore it allows us to scale really quickly.' This spring, Wayve brought a trio of its test cars to Vancouver during a West Coast road trip to prove how well their 'AI driver' is learning to cope with complex environments. 'The more places we go, the more places we learn to drive, the more general purpose (the AI driver) gets,' Shotton said. Wayve isn't completely driverless yet, however. The Society of Automotive Engineers classifies automated driving in levels from L0, where a driver is in complete control with automated warnings of hazards, all the way to L5, where AI is completely in control. Shotton described Wayve as 'L2-plus,' which means the use of automatic braking, steering and lane centring in adaptive cruise control, with a driver at the wheel. 'Hands off, but eyes on,' he added. 'Having to pay attention to the road, but you can take your hands off the wheel and it will drive you from point A to point B.' That falls within B.C.'s rules, which prohibits automated systems higher than L2. Getting to L4, which allows for cars to be driverless under specific conditions — the technology used in so-called 'robo taxis' such as Waymo — is probably closer than people realize, even in rainy cities such as Vancouver, said Edwin Olson, CEO of the company May Mobility. Olson spoke during a second session on the conference's centre stage, and in an interview explained that, 'Our rule of thumb is, if the windshield wipers are intermittent, you're probably fine.' 'If they're going faster than that, I think most (autonomous vehicle) companies would balk at that.' Technology is rapidly improving though, and Olson expects by 2027, 'We'll be able handle almost all the weather you can throw at us.' The difference in the technology, Olson said, is that a decade ago, the 'hype was well before the technical reality' for autonomous transportation. 'Now, I think it's the other way around,' Olson added. 'Right now, what you're really seeing is an inflection point.' People can travel to cities such as San Francisco, Los Angeles or Atlanta and ride either Waymo robo taxis or May Mobility's shuttles, 'and it's real,' Olson said. The next step for a wider rollout of light-duty vehicles will be devising business cases for using what will be expensive vehicles, which will likely rule out strictly personal use. When a reporter asked if he saw a case for individual ownership soon, his answer was, 'God, I hope not.' The philosophy of Olson's company, which runs fleets of L4-capable Toyota Sienna shuttle vans in 19 cities (but only two locations without safety drivers), is to use autonomous vehicles in a way that reduces the need for individual automobile ownership. To date, the business cases for autonomous vehicles has been stronger in industries such as mining or trucking, where the products involved are high value, but where getting enough drivers might be an issue, said Qasar Younis, CEO of the company Applied Intuition, who spoke on the same panel as Olson. For light-duty vehicles, 'it's going to be pure economics,' Olson added. And that will be based on whether vehicles can command enough revenue from ride-hailing services such as Lyft or Uber to pay for the cost of expensive sensors used in the vehicle, before the car wears out. depenner@ B.C. courier company secretly tests driverless vehicle in Metro Vancouver Driverless vehicles: They'll be both disruptive and, eventually, safer
Nikkei Asia
28-05-2025
- Automotive
- Nikkei Asia
Japan's Itochu invests in US self-driving startup May Mobility
TOKYO -- Japanese trading house Itochu is investing in U.S. autonomous driving startup May Mobility to the tune of 1 billion yen ($6.9 million), Nikkei has learned, looking to roll out May's services onto Japan's roads. The transaction occurred in April as part of a capital and business alliance. The two sides will finalize details of the partnership later.
