Behind GM's EV deal with Lyft: The old guard prepares for wrenching change
Behind GM's EV bargain with Lyft: The former baby-sit prepares for wrenching change
GM and Lyft are joining forces to test cocky-driving Chevrolet Bolt electrical taxis within the adjacent yr. It's all office of the wrenching change forced on automakers past demographics and quality command. At the same fourth dimension, a growing population may exist owning fewer cars that last longer earlier they're scrapped, and urban dwellers increasingly cull ride-hailing services such as Lyft and Uber over taxis or car ownership.
This comes on the heels of GM's $500 meg investment in Lyft at the start of the year, and then in March a $1 billion conquering of Cruise Automation for its autonomous driving technology. All of this proves, at to the lowest degree to the big automakers, that they're withal in charge of the auto business. Put another way, traditional car-makers realize there'southward a adventure they could exist steamrollered by the likes of Tesla, Lyft, Uber, Apple and Alphabet (Google), and they need to adapt at warp speed.
GM President Dan Ammann (centre) and Lyft co-founders Logan Green, John Zimmer.
The GM-Lyft deal
In January, General Motors and Lyft appear "a long-term strategic alliance to create an integrated network of on-demand autonomous vehicles in the U.S." because they see "the future of personal mobility as connected, seamless and autonomous," in the words of GM President Dan Amman.
This week, the wide delivery took on more specificity: Within the year, somewhere in the US, GM and Lyft will use self-driving versions of the Chevrolet Bolt EV (inset) to pick up and ferry passengers, according to The Wall Street Journal. It's non immediately clear if at that place'd be no driver, which would represent a Level 4 cocky-driving car: It doesn't crave a commuter behind the wheel. Thus, information technology would be able to chauffeur your kids to school while the parents head off to work.
Automakers have been expected in the adjacent year to deliver, on high-terminate cars, the first Level three vehicles. Those let a commuter take his or her hands off the wheel and not pay attending to the automobile, just be ready to take control within, say, 10 seconds. The best cars on the route today are Level two, pregnant cars with adaptive cruise control and lane keep assist, and they'll adapt to traffic period on limited access roads and keep the automobile centered in lane even around curves. But the commuter's hand always has to exist on the wheel, lightly.
That would be a monumental jump forward if truly driverless self-driving happens any time before the terminate of the current decade, unless it's for limited driverless tasks such as shuttling passengers around an extended corporate campus. The GM brotherhood with Lyft and conquering of Prowl Automation as well indicates the traditional US-headquarter automakers are concerned that Alphabet's self-driving-car initiative is making headway. Only this week Alphabet/Google linked upwards with Fiat Chrysler to install self-driving hardware and software in a fleet of 100 new Chrysler Pacificas.
4 areas of GM-Lyft cooperation
In a argument, the companies declared they'll work on these 4 areas:
- Democratic On-Demand Network. The work together, using GM'due south "deep knowledge of autonomous technology" (deep particularly since ownership Silicon Valley role player Cruise Automation) and Lyft's platform for ride-sharing services.
- Rental Hub. GM volition become "a preferred provider of short-term employ vehicles" to Lyft drivers. (Notice the announcement said a, not the, preferred provider.) This apparently means a Lyft driver could rent a GM vehicle if the day's business calls for a larger SUV, or if the commuter's car is in the store. Lyft already provides short-term rentals of SUVs to Lyft drivers.
- Connectivity. GM says Lyft drivers and customers will be able to access "GM's wide portfolio of cars and OnStar services." OnStar, founded in 1996, is now gaining customers equally GM stepped back from harping on emergency crash notification (important but seldom used) to being an always-on communications pipe including on-board Wi-Fi.
- Joint Mobility Offerings. The well-nigh cryptic of the four, the argument says the companies "volition likewise provide each other'southward customers with personalized mobility services and experiences through their respective channels." Beyond the power to hail a small, cheap Chevy Cruze one mean solar day and a GMC Yukon the adjacent, this part is somewhat opaque.
In Lyft, GM finds a market for Chevy Bolt
By partnering with Lyft, GM is also finding a customer for its vehicles, in particular EVs. For all talk about the motility to EVs, sales have been slow, especially for automakers other than Tesla. It wouldn't injure to have a set up customer for several thousand of the first Chevrolet Bolts. Last year there were 115,000 pure electric vehicles and plug-in hybrids sold in the US — 1 for every 150 gasoline or diesel cars and SUVs.
Other sales figures for 2022: 25,202 for Tesla, 17,269 for Nissan Leafage, 15,393 for Chevrolet Volt (a PHEV), xi,024 for BMW i3 (the bulk sold with a gasoline range-extender), and nine,750 for Ford Fusion Energi (a PHEV). The simply other EV with more than 5,000 sales was the Fiat 500e, 6,194 sales. Everyone else was below 5,000: VW e-Golf game 4,232, Chevrolet Spark EV ii,629, Mercedes-Benz B-Course ED 1,906, and Ford Focus Electric 1,582.
Sales of EVs and PHEVs volition pick up as their range increases and the cost delta over combustion-engine-simply cars comes down. The new Chevrolet Volt plug-in, for instance, claims 53 miles on battery, and it's not hard to go sixty miles in urban/suburban driving. In contempo weeks, several EV-makers announced or hinted that the new normal volition be EVs that claim 200-plus miles on battery ability: Tesla Model 3, Chevrolet Bolt, the 2022 Nissan Leaf due in 2022, and a future Ford likely to exist called the Ford Model Due east.
Source: https://www.extremetech.com/extreme/227955-behind-gms-ev-deal-with-lyft-the-old-guard-prepares-for-wrenching-change
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