Lyft founders to tighten grip with supervoting shares in IPO: WSJ

An illuminated sign appears in a Lyft ride-hailing car in Los Angeles, California, U.S. September 21, 2017. REUTERS/Chris Helgren (Reuters) – Lyft Inc founders are preparing to take near-majority voting control of the ride-hailing company when it goes public this year, the Wall Street Journal reported on Tuesday, citing sources familiar with the matter. The… Continue reading Lyft founders to tighten grip with supervoting shares in IPO: WSJ

Lyft plans to give riders and drivers an electric lift

Lyft car picking up a rider
Lyft is the latest car-sharing company to sign onto an effort to make ride sharing cars more efficient.

The post-millennial taxi service announced that it plans to introduce “thousands” of electric cars onto its platform and make it easy for riders to choose them using a new “Green Mode” in the Lyft app.

“These efforts will provide cleaner transportation options for Lyft riders, and increase net earnings for our driver community. Once adopted widely, EVs hold the promise of making cities more livable by dramatically reducing air pollution,” the company said in a blog post Wednesday.

READ MORE: Uber starts paying drivers to buy electric

The company, which already bills itself as the only ride-sharing service to become carbon neutral after purchasing carbon credits to offset the emissions from its drivers' vehicles, says all the electric cars will be charged using renewable energy.

The Green Mode launched in Seattle on Wednesday and is expected to roll out in other parts of the country later. Riders just select Green Mode in their Lyft app, and only electric Lyfts will show up.

Lyft says that 80 percent of its drivers favor eco-friendly vehicle options, and consistently tell the service they want to increase their profits by lowering fuel costs.

Green Mode on Lyft app

Drivers will be able to rent electric ride-sharing cars through Lyft's Express Drive service. For drivers who choose electric cars, unlimited charging will be included in the weekly rental charge.

Electric cars will be available to drivers through Express Drive immediately in Seattle and Atlanta, and the service plans to roll out electric Lyfts more widely throughout 2019.

CHECK OUT: Uber to bank London surcharge toward electric vehicles for its drivers

Some taxi and ride-sharing drivers have struggled with electric cars when they've found inadequate places to charge or had to spend too long off the road waiting for a charge.

From the standpoint of cities, though, converting taxis and ride-sharing cars to electric power could offer clean-air benefits that are too good to ignore.

Lyft puts $700K toward Oakland’s underserved communities

Lyft is donating $700,000 to TransForm, an organization focused on improving access to transportation in underserved areas throughout California. In partnership with Oakland Mayor Libby Schaaf, Lyft and TransForm will invest in a free bike library and community parklets in Oakland, Calif. Lyft will also offer free rides to low-income residents of Oakland. “At Lyft,… Continue reading Lyft puts $700K toward Oakland’s underserved communities

Addressing Health and Wellbeing Through Better Transportation

Since 2016, Lyft has been focused on reimagining the way healthcare organizations and their patients get around. Every year, over 3.6 million people can’t get the care they need due to a lack of transportation — an issue we are uniquely positioned to address through our work with leading organizations across the healthcare ecosystem and… Continue reading Addressing Health and Wellbeing Through Better Transportation

Making Cities More Liveable with Electric Vehicles

Last year Lyft became the first and only company of our kind to become carbon neutral. This year, we’re upping our commitment to the environment as the next step in our Green Cities Initiative. In 2019, Lyft will work to introduce thousands of electric vehicles (EVs) onto our platform, and will make it easier for… Continue reading Making Cities More Liveable with Electric Vehicles

Arizona Bills Look to Redefine Car Rental, Carsharing

Photo via Wars/Wikipedia.com Two competing Arizona bills are looking at how to define car rental companies in the era of peer-to-peer rentals. One bill would define peer-to-peer companies like Turo and Getaround as the same as traditional car rental companies, according to a report by the Arizona Capitol Times. The other bill from Rep. Travis Grantham refers to… Continue reading Arizona Bills Look to Redefine Car Rental, Carsharing

Atlanta Big Game Amp Contest Winner

The Paint the Town Pink amp contest in Atlanta has a winner! Thomas T. won tickets to the BIG GAME on Sunday 2/3 at Mercedes Benz Stadium. Thomas is thrilled to attend the game, as he is a huge football fan and has ties to the Rams organization. He’s a 5-Star Driver in Atlanta with over… Continue reading Atlanta Big Game Amp Contest Winner

Uber new feature will let you pay transit fares through its app

With options to rent scooters and electric bikes via its Jump subsidiary, a ride with Uber today doesn’t always mean getting in a car. Now, thanks to a new feature, it may soon mean hopping onto a train. Today, Uber will launch a new Transit feature in Denver that allows users to plan their trips… Continue reading Uber new feature will let you pay transit fares through its app

Ensuring a Level Playing Field for Rideshare

Over the last few months, Lyft has been in active conversations with the New York City Taxi and Limousine Commission about how to most equitably implement the minimum earning standard passed by City Council in August of last year. Today we’re taking legal action to ensure the TLC’s implementation plan does not advantage Uber in… Continue reading Ensuring a Level Playing Field for Rideshare

Lyft riders spend $53.6M in metro Phoenix in 2018, less than before – KTAR.com

(AP Photo) PHOENIX – Riders who took Lyft in and around metro Phoenix last year put $53.6 million into the local economy, the company said in an impact report. That was about $6 million less than 2017 figures, when Valley passengers spent $59 million. The report surveyed 30,000 riders and 30,000 drivers in 54 regions… Continue reading Lyft riders spend $53.6M in metro Phoenix in 2018, less than before – KTAR.com