Lyft pledges $50m a year to US transport initiatives

8789 Lyft is to invest at least $50 million of profits to local transportation initiatives in the US as part of a commitment called Lyft City Works.

Starting in Los Angeles, Lyft – which has just begun life on the stock market - says it will support local groups by providing transportation, developing transportation infrastructure and creating clean energy.

The company is partnering with mayor Eric Garcetti’s A Bridge Home programme which seeks to tackle homelessness. Lyft will provide transportation to staff working for the scheme’s partner organisations which include YWCA of Greater Los Angeles, PATH (People Assisting the Homeless) and The People Concern. Also, Lyft offers low-cost scooter rides to qualified low-income residents through its community pass.

Lyft will also work with the city to expand transportation infrastructure to connect underserved communities as well as expand its bikes and scooters in these areas. The company’s Driver Centres will have electric vehicle (EV) charging stations to make charging easier for drivers.
 
Lyft will also form local advisory councils made up of civic leaders and advocates who will work with the company’s drivers and employees throughout the programme.