Ride-hailing service Lyft announced plans to dive deeper into the autonomous driving space, investing in its own research facility to more directly compete with on-demand rival, Uber.

Kapoor explains how Lyft is evolving the experience its customers get with the only three things that matter in the ride-hailing industry: pricing, reliability, and experience.

Plus, if you get the munchies at night, Lyft's latest partnership with Taco Bell may be your new favorite option. "Taco Mode" will allow users to hail a ride home and grab a taco on the way.

The San Francisco-based startup has partnerships with companies such as Google's Waymo and General Motors.

The company doesn't want to produce cars by any means, but make a standardized system to use on its platform. The autonomous unit of the organization will be known as "Level Five", and expects to have hundreds of employees working on the vehicles by the end of 2018.