Lyft (LYFT) Corporate presentation summary

Autonomous vehicle market opportunity

• Breakthroughs in AV technology are expected to drive nonlinear growth in total addressable market, potentially unlocking opportunities worth trillions.

• AVs could reduce the cost per ride by over 60% in the long term, making rides more affordable and accessible.

• New customer segments and use cases are anticipated to expand the mobility sector significantly.

Hybrid network advantages

• A hybrid network of human drivers and AVs dynamically matches supply to demand, maximizing market balance and utilization.

• Pure AV networks risk under- or over-supply, leading to inefficiencies and unreliable service.

• Dynamic needs such as events, weather, or special assistance are best served by a hybrid approach.

• Demand can fluctuate by over 6x within a week, highlighting the need for flexible supply solutions.

Fleet management and operational excellence

• Eight years of experience in high-mileage fleet management technology supports efficient vehicle and customer lifecycle management.

• Nearly 90% operational utilization has been achieved, maximizing supply and bookings.

• Technology-enabled fleet management and operations help deliver the lowest cost per mile.