Uber & Lyft's Robotaxi Gang: Humans Need Not Apply… Yet
KEY POINTS
- •Uber and Lyft are planning to expand their robotaxi services in the near future.
- •During recent earnings calls, both CEOs highlighted the potential for increased market growth with autonomous vehicles.
- •They noted that areas with robotaxi deployments, like Austin and Atlanta, are experiencing faster growth.
In a jaw-dropping team-up, Uber CEO Dara Khosrowshahi and Lyft CEO David Risher confessed on their Q3 earnings calls that robotaxis are the new cool kids on the block, with shiny alliances hooking them up to Waymo, Stellantis (5,000 rides not included), Lucid, and Nuro (an ambitious 20,000 robotaxis cruising in 6 years). But don't pack up your driver apps yet: both admit human drivers—9.4 million of them worldwide—are still crucial because robots ain’t satisfying demand anytime soon. Lyft’s Erin Brewer casually mentioned a $10–15 million depot for robotaxi babysitting, because even metal chauffeurs need a garage mom. Profits? Still hiding under the hood.
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Source: Businessinsider | Published: 11/10/2025 | Author: Lloyd Lee