DETROIT — Lyft drivers in Chicago will benefit from a new short-term rental program built around a fleet of Chevrolet Equinox crossovers, General Motors and ride-sharing company Lyft announced on Tuesday.
The program, dubbed "Express Drive," will rent the crossovers to Lyft drivers for up to eight weeks.
The Equinox crossovers are equipped with OnStar and additional connectivity features. They also offer plenty of cargo space and a comfortable ride for up to five passengers.
The program "will soon roll out to additional cities, including Boston; Washington, D.C.; Baltimore and others," GM said in a statement.
Drivers will pay less the more they drive. When drivers complete 65 rides a week in Chicago, they will be able to access a vehicle at no weekly rental cost. Express Drive starts at $99 per week, including insurance and maintenance.
GM said Chicago was selected because there were 60,000 people who applied to drive on the Lyft platform, but did not have a car that qualified.
Express Drive targets competitor Uber by offering drivers free insurance and maintenance, along with the rental fleet.
Edmunds says: Express Drive is significant because it helps to position GM as a mobility company, as well as introducing a new audience of riders to the Equinox.