Uber and Lyft to share rides for $1.10 per ride on app
Uber and the ride-sharing app Lyft are coming together for one last ride to help make it easier for consumers to get around.
The ride-hailing companies announced on Monday that they would launch a $1-per-ride option on their ride-share apps, including UberX and Lyft, in a bid to ease congestion on the roads.
The rides will begin rolling out in Chicago, Los Angeles, New York, San Francisco and Washington, D.C., and are slated to run for at least a month, according to Uber.
The app is available in more than 200 cities and states, including Seattle, Chicago, Boston, Detroit, Chicago-Naperville, New Orleans, Nashville, San Antonio, Houston, Dallas, Denver, Philadelphia, Orlando, Miami and Houston.
The partnership is a return to form for the companies after a three-year hiatus.
Lyft was the first ride-in-a-seat option on Uber’s platform in March 2015, but was cut off by Uber after a lawsuit was filed by two men who claimed they had been denied rides for being overweight.
Uber launched a similar app called UberBlack, but the ride is more expensive, offering a $5-per day option.
Lyft has also launched a free app called Lyft Black in the past, but only a limited number of people have used it, making it less of a competitor.
Uber is one of the biggest players in ride-and-parking, with about 50 million rides taken per day.
But the ride sharing app is currently dominated by ride-to-prices companies like Lyft and Sidecar, which provide a higher quality experience for users.
The $1 fee, Uber says, will help cover the costs of advertising, marketing, technology, logistics and operations for the rides.
Lyndon Johnson, the CEO of Lyft, told reporters that the company is committed to helping make transportation more affordable and that the $1 per ride will go towards the expenses for the service.
“We want to make sure that every American can get home safely and efficiently, and this is just one way that we’re doing that,” Johnson said.
Uber’s CEO also made it clear that the app’s price structure will remain unchanged, saying that the price of the $10-per ride will remain the same.
Johnson also announced that Lyft is offering a free Lyft Black app, a new one-time payment option for $10 per day and a new $5 per day option for drivers.
The company is working on a new pricing plan, which will be announced later this month, but Johnson also noted that Uber drivers will be reimbursed for any rides they take.