Lyft and General Motors launched of their Express Drive short-term rental program exclusive to the Lyft platform. The program will make cars available to Lyft drivers at affordable rates with insurance and maintenance included. Express Drive begins later this month in Chicago and will soon roll out to additional cities including Boston, Washington D.C., Baltimore and others.
The launch of Express Drive comes two months after GM entered into a strategic alliance with Lyft to develop an integrated on-demand network of autonomous vehicles. (Earlier post.)
With Express Drive, the more you drive, the less you pay. Express Drive will start at US$99 per week including insurance and maintenance making Express Drive the most flexible and affordable option. When drivers complete 65 rides a week in Chicago, drivers will be able to access a vehicle at no weekly rental cost. In addition to affordability, Express Drive offers flexible terms for drivers who can rent cars on a weekly basis for up to eight weeks at a time.
In Chicago alone, there were 60,000 people who applied to drive on the Lyft platform, but did not have a car that qualified. Express Drive directly addresses this need for millions of Americans who do not have access to a qualifying vehicle.
In Chicago, Express Drive will provide access to Chevrolet Equinox crossovers equipped with OnStar, additional connectivity features as well as ample cargo space and flexible seating for up to five.
We’re very pleased with how quickly the GM and Lyft team collaborated to create the Express Drive program, which we will be implementing using our Maven mobility infrastructure.—GM President Dan Ammann