A groundbreaking partnership between Tensor and Lyft is poised to change the way we own and use cars. Lyft has reserved hundreds of Tensor Robocar for its fleet operations, which will expand its service offerings and bring advanced AVs to more riders. This collaboration will introduce the world’s first consumer-owned autonomous vehicles (AVs) that are "Lyft-Ready" at delivery, allowing owners to seamlessly monetize their personal cars on the Lyft network. For the first time ever, a privately owned AV will be able to effortlessly join the Lyft rideshare network.
Lyft plans to acquire hundreds of Tensor Robocars for its own fleet in key markets. This approach will accelerate the availability of state-of-the-art AVs for riders and provide valuable operational insights that will benefit the entire "Lyft-ready" ecosystem. These premium vehicles will offer a new standard of comfort and luxury on the rideshare platform.
This partnership is set to create a new category of vehicle ownership, where people can maximize the value of their vehicle without sacrificing their time or routines. This partnership marks a significant milestone in the journey toward widespread autonomous mobility, paving the way for a future where personal vehicles are no longer idle assets but active participants in the new economy of transportation.
Traditionally, a car sits unused for most of the day, unproductive time for a depreciating asset. The Tensor Robocar flips this model on its head, turning a luxury vehicle into a productive, income-generating asset. By integrating with the Lyft platform, owners can choose to allow their vehicle to operate autonomously on the rideshare network when they're not using it, generating passive income. This revolutionary, consumer-owned, monetizable AV model creates a new category of vehicle ownership.
"Lyft has created opportunities for millions of people to earn on the platform, but right now, one of the last barriers to rideshare is time," said Jeremy Bird, Executive Vice President at Lyft. "What's exciting about Tensor is they're advancing the opportunity that Lyft already creates, removing that final obstacle while reinforcing our vision of a hybrid transportation future."
Hugo Fozzati, Tensor’s Chief Business Officer, added, "Our mission of 'Own Your Autonomy' is about empowering you to take control of your mobility. Through our upcoming partnership with Lyft, we’re taking a bold step forward... By allowing your Tensor to operate as a vehicle on the Lyft platform when you’re not using it, you can effortlessly generate revenue."
Tensor is the pioneer in Level 4 personal autonomous and agentic vehicle technology. The Tensor Robocar is built from the ground up to be a revolutionary, consumer-owned L4 AV. Its unique design and self-reliant capabilities make it operation-light and minimize downtime on the Lyft network, allowing Lyft to offer a premium AV service.
Powered by NVIDIA technology, the Robocar features the world’s most powerful in-vehicle supercomputer, with over 8,000 TOPS of GPU computing capability. This system processes a staggering 53 gigabits of sensor data per second from over 100 sensors, allowing it to perceive and respond to its environment in real time with robust safety and performance.