Wonder

Research Outline

Prepared for francis w. | Delivered March 6, 2020

Fleet Size: Lyft and Uber

Goals

To obtain information about the fleet size of Lyft and Uber in the U.S. for 2018/2019.

Early Findings

In New York City, Lyft has a fleet size of 47,000 while Uber has 76,000.
In Las Vegas, Lyft partnered with Aptiv to provide 5000 rides using 20 self-driving cars and there are plans to expand the fleet as well as the number of destinations. The company has facilitated 35,00 rides with this partnership.
Lyft also intends to make a similar partnership with Ford for "an automated ride-hailing fleet by 2021". 
Lyft had 30.7 million riders in 2018 in North America and 1.9 million drivers.
Investors are somewhat optimistic that Uber will become profitable as soon as it launches a fleet of self-driving vehicles.
There is currently a cap on the fleet size for Uber and Lyft in NYC.
On a monthly basis, 40 million rides are completed by Uber in the U.S.
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