Lyft is testing a brand new function this week that permits customers in choose areas of the U.S. to seek for and reserve parking spots.
The ride-hailing firm informed CBS MoneyWatch that the pilot, dubbed Lyft Parking, is out there “in a small variety of choose cities” throughout the U.S. and Canada. Lyft did not disclose wherein cities the service is out there nor when the function would possibly launch nationwide.
“We’re at all times testing new methods to supply extra worth and assist individuals with all of their transportation wants proper from the Lyft app,” a Lyft spokesperson mentioned, including that the corporate can have extra particulars to share concerning the parking service quickly.
Lyft mentioned on its web site that it has partnered with Chicago-based parking firm SpotHero to make accessible parking spots seen on its platform. SpotHero is out there in a whole bunch of U.S. cities and its perform by way of Lyft is out there in Chicago, Denver, New York and San Francisco.
Lyft and SpotHero purpose to offer clients “simple, inexpensive and top-notch transportation,” SpotHero CEO Mark Lawrence informed CBS MoneyWatch on Wednesday. SpotHero will broaden the Lyft service to greater than 50 cities by the top of 2022.
Lyft Parking requires a person to enter a automobile’s make, mannequin and license plate quantity, amongst different info. Prospects can see and pay to order a spot from the app at any time of day, Lyft mentioned. The system lists the placement, distance from the person and value, in addition to signifies if the spot is roofed and if valet parking is out there.
Prospects needn’t have a automobile in a parking spot at the beginning of the reservation time. The system works considerably like a resort reservation, Lyft mentioned, the place a person can use the parking spot anytime after the reservation begins and earlier than the designated time slot ends.
The California firm is attempting the brand new service because it continues to navigate a turbulent 2022. In August, Lyft reported a $377 million loss for its second quarter, whereas its inventory worth has fallen practically 70% this yr.