General Motors and Lyft Inc. today announced a long-term strategic alliance to create an integrated network of on-demand autonomous vehicles in the U.S.

General Motors and Lyft Inc. today announced a long-term strategic alliance to create an integrated network of on-demand autonomous vehicles in the U.S.

General Motors announced a long-term strategic alliance with Lyft rideshare company.

Their goal is to create an integrated network of on-demand autonomous vehicles in the U.S.

GM will also invest $500 million into Lyft to secure fundings for future rapid growth.

There is no direct reference to electric or plug-in hybrids, but the signers of the agreement were featured with 2016 Chevrolet Volts.

Our guess is that it's is only a matter of time until autonomous Volts will be used in Lyft rideshare scheme, especially since GM is hard at work with its autonomous driving technologies.

Key elements of the GM and Lyft alliance include:

  • Autonomous On-Demand Network: The joint development of a network of on-demand autonomous vehicles will leverage GM’s deep knowledge of autonomous technology and Lyft’s capabilities in providing a broad choice of ride-sharing services.
  • Rental Hub: Beginning immediately, GM will become a preferred provider of short-term use vehicles to Lyft drivers through rental hubs in various cities in the U.S.
  • Connectivity: Lyft drivers and customers will have access to GM’s wide portfolio of cars and OnStar services, leveraging two decades of experience in connectivity. This will create a richer ride-sharing experience for both driver and passenger.
  • Joint Mobility Offerings: GM and Lyft will also provide each other’s customers with personalized mobility services and experiences through their respective channels.

GM President Dan Ammann said:

“We see the future of personal mobility as connected, seamless and autonomous. With GM and Lyft working together, we believe we can successfully implement this vision more rapidly.”

John Zimmer, president and co-founder of Lyft, said:

“Working with GM, Lyft will continue to unlock new transportation experiences that bring positive change to our daily lives. Together we will build a better future by redefining traditional car ownership.”