DoorDash is moving to hold its dominance as COVID-19 lockdowns relax, and vaccines roll out.
California clean-air regulators want nearly all trips on Uber and Lyft ride-hailing platforms to be in electric vehicles, mandating costly measures that the companies call unrealistic without more public subsidies for EVs. The proposed rules by the California Air Resources Board (CARB), expected to pass on May 20, mandate that EVs account for 90% of ride-hailing vehicle miles traveled by 2030. And yet the firms are pushing back on the CARB effort to force the transition, arguing taxpayers should shoulder much of the burden.
Lyft, Inc. (Nasdaq: LYFT) announced today that John Zimmer, President and Co-Founder, will participate as a keynote speaker at the J.P. Morgan 49th Annual Global Technology, Media and Communications Conference on Monday, May 24, 2021. Mr. Zimmer is scheduled to appear at 2:55 p.m. PST (5:55 p.m. EST).