Lyft Boss: ‘Private Car
Ownership Will All but End’
September 19, 2016
Ridesharing service Lyft says that by 2025, "private car
ownership will all but end in major U.S. cities."
The company was referring to its plans to field self-driving
cars, which Lyft co-founder and CEO John Zimmer says will make
up the majority of Lyft rides.
The company has partnered with auto manufacturer General Motors
to develop the driverless vehicles.
Zimmer added that driverless cars will be “transportation
"As a country, we've long celebrated cars as symbols of freedom
and identity," he said in a Medium blog post Sunday. "But for
many people — especially millennials — this doesn't ring true.
We see car ownership as a burden that is costing the average
American $9,000 every year."
Zimmer added that the driverless car revolution could benefit
week, Lyft competitor Uber launched a limited driverless service
in Pittsburgh. For now, the Uber cars have a backup human
"Every year, more and more people are concluding that it is
simpler and more affordable to live without a car," Zimmer
wrote. "And when networked autonomous vehicles come onto the
scene, below the cost of car ownership, most city-dwellers will
stop using a personal car altogether."
This, he added, will change cities.
"Cities' physical environment will change more than we've ever
experienced in our lifetimes... we'll have the chance to
redesign our entire urban fabric,” he wrote. “Cities of the
future must be built around people, not vehicles."