Lyft is engaged on a brand new characteristic that would assist remove the ache of surge pricing.
With Worth Lock, Lyft says you’ll be able to pay a monthly fee to be able to cap the worth on a particular route at a particular time of day.
So it may very well be significantly helpful for riders who depend on Lyft for his or her day by day commute; however, it’s not so helpful for somebody who’s leaving a large live performance and hoping to keep away from a hefty price ticket once they attempt to name a automobile similtaneously everybody else.
Lyft says it’s presently testing the characteristic throughout the US and gained’t roll out last pricing till subsequent month, however the worth ought to be lower than $5 monthly.
Lowering surge pricing has been a giant theme from Lyft CEO Dave Risher, who stated he’s keen to wager surge pricing is “rideshare’s most hated characteristic” — although it’s unlikely to go away solely, as a result of it’s an necessary device to make sure there are sufficient drivers round when there’s a sudden improve in demand.
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