Not long after General Motors announced its $500 million investment into Lyft, the two companies have produced results from the strategic partnership. GM and Lyft announced their latest Express Drive program, which will launch in the Chicago metropolitan area this month.
The program provides Lyft drivers access to a safe, affordable vehicle to use during shifts. In Chicago, 60,000 people applied to become Lyft drivers, but the lack of a qualifying vehicle denied employment.
GM will offer the 2016 Chevrolet Equinox to Lyft drivers starting at $99 per week, which includes insurance and maintenance. However, once Lyft drivers complete 65 rides a week in Chicago, GM said the weekly charge drops to $0. Furthermore, the Express Drive program offers major flexibility, with the options to rent a GM vehicle on a weekly basis for up to eight weeks at a time.
John Zimmer, Lyft’s president and co-founder, said: “Launching Express Drive is another way we treat drivers better, in addition to Power Driver Bonus, tips and same day payouts. We’re making sure everyone who wants to be a Lyft driver can be, by providing ultimate flexibility at incredible rates.”
GM President, Dan Ammann, echoed the enthusiasm saying, “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.”
Lyft Express Drive will slowly make its way to other major U.S. cities throughout 2016.