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Ford, Argo AI to Offer Driverless Lyft Services

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July 26, 2021—Ford and Argo AI, an autonomous vehicle company partially owned by the automaker, announced Wednesday they will begin offering driverless services on the Lyft network.

The service will us Ford vehicles and a system developed by Argo AI, according to a report from the Associated Press, and it will start with "human backup drivers" before becoming fully autonomous at a date to be named later.

Both companies said in a statement the cars will gather data to help deploy 1,000 "robotaxis" on Lyft's network "in multiple markets during the next five years." The service will be offered in Miami later this year and in Austin, Texas, sometime in 2022. 

Lyft had been developing its own AV network until selling its autonomous unit to a Toyota Motor Corp. subsidiary for $550 million in April. That sale closed earlier in July. Under the current deal, Lyft will receive a 2.5 percent equity stake in Argo AI "in exchange for ridership and safety data."

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