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Lyft Aims For Self-Driving Cars That Run 100% On Renewable Energy By 2025

By Brian Spaen

Ride-hailing services have already helped the environment and increased the standard vehicle’s value. People working in big cities can ditch driving through traffic congestion and just get a ride, and those who rarely use their car can get some money out of it. Lyft is hoping to take that to the next level with the announcement on Thursday that they are planning to have only autonomous electric vehicles that run solely on renewable energy by 2025.

Lyft shared their lofty goals on a blog post, sharing that the process will begin later this year in Boston. In a collaboration with nuTonomy, they will be testing out their first autonomous vehicles in the city. After further research, there will likely be the mass manufacturing of these cars in the near future, and all of them will be 100 percent fueled by renewable energy.

As range increases on these vehicles, more will be brought into the fleet. Lyft’s blog makes a compelling argument on how they make the cars more valuable. Personal vehicles are “used only four percent of the time and for electric vehicles, it takes 10 years or more to recover the cost premium through fuel savings.” When compared to Lyft’s service, these new cars “will be utilized over 50 percent of the time and payback its costs in just a few years.”