If you are among those who thought that the scooter market sounded a little overhyped and overcrowded, we’ve gotten wind of a deal that could point to some impending consolidation. The on-demand scooter business Bird has agreed to acquire Scoot, a smaller two-wheeled mobility startup, sources tell TechCrunch. The stage of the negotiations is not clear… Continue reading Sources: Bird is in talks to acquire scooter startup Scoot
Author: Tech Crunch Online News
Mercedes-Benz is expanding its luxury subscription service
Mercedes-Benz is expanding a pilot subscription service that lets users switch between different luxury models to a third U.S. city a year after launching in Nashville and Philadelphia. The pilot is another example of how automakers are experimenting — with mixed levels of success — with different ways to make money beyond producing and selling… Continue reading Mercedes-Benz is expanding its luxury subscription service
Aptiv’s self-driving BMWs have made more than 50,000 rides on the Lyft app in Las Vegas
A little more than a year ago, self-driving software company Aptiv and Lyft launched a pilot project to test a robotaxi service — with human safety drivers still behind the wheel — in Las Vegas during the week of CES. That one-week pilot never ended. And now, the companies say they’ve given more than 50,000… Continue reading Aptiv’s self-driving BMWs have made more than 50,000 rides on the Lyft app in Las Vegas
Skip pulls scooters from SF after one caught fire in D.C.
Last week, a Skip scooter caught fire in Washington, D.C. In response, Skip grounded its fleet in D.C. Now, Skip has pulled its scooters off the streets of San Francisco. The scooter in question was found with its external battery on fire, which caused “minor damage” to a wall nearby. Skip unveiled its scooters with… Continue reading Skip pulls scooters from SF after one caught fire in D.C.
Tesla’s new China-made Model 3 opens for pre-order with a 13% price cut
Tesla’s big bet on China-based production is key to a new effort to lure Chinese consumers with cheaper prices. Today the U.S. firm revealed that its incoming Model 3, which will be produced in China, will sell from 328,000 RMB — that’s around $47,500, and some 13% cheaper than its previous entry-level option. The company… Continue reading Tesla’s new China-made Model 3 opens for pre-order with a 13% price cut
Ferrari’s first plug-in hybrid is here — and it’s faster than ever
Ferrari has finally cracked open the door for electrification. The Italian supercar manufacturer unveiled the SF90 Stradale, its first plug-in hybrid. Purists might turn their noses up to Stradale’s mere 15.5 miles of all electric range. But it’s a milestone for Ferrari nonetheless, and marks a shift in the company’s views and portfolio. Now, some… Continue reading Ferrari’s first plug-in hybrid is here — and it’s faster than ever
Audi works with Fleetonomy to monitor and manage fleet utilization for its on demand program
Audi just completed a trial with Israeli company Fleetonomy as part of a potential wider rollout of the Israeli company’s fleet monitoring and management services designed to improve utilization. Using Fleetonomy’s tools that provide predictive analytics of fleet utilization, Audi was able to improve the overall efficiency and utilization of its on-demand services. “Audi has… Continue reading Audi works with Fleetonomy to monitor and manage fleet utilization for its on demand program
Uber Eats, micromobility services are growing faster than Uber’s core ride-hailing business
Uber’s ride-hailing business is growing more slowly than its newer bets. In Uber’s Q1 2019 earnings, the company reported gross bookings growth of 230% for its other bets, while ridesharing grew just 22% compared to the same quarter last year. Gross bookings are the revenue earned minus things like taxes, tolls, fees, wages paid to… Continue reading Uber Eats, micromobility services are growing faster than Uber’s core ride-hailing business
Uber lost another $1B last quarter
Uber posted losses of $1 billion on revenue of $3.1 billion for the first quarter of 2019 in what was the company’s first earnings report as a public company. Gross bookings rose 34% to $14.6 billion in the same time period, as Uber Eats continued to show notable growth. Amid both positive and negative stock… Continue reading Uber lost another $1B last quarter
Brooklyn and Queens are now flush with 1,000 of Revel’s shared electric mopeds
Revel Transit has released 1,000 of its shared electric mopeds onto the streets of Brooklyn and Queens, following the end of a nine-month pilot program in the area. The New York-based startup pulled the original 68 mopeds it used in its limited pilot and has replaced them with new models (and hundreds more of them)… Continue reading Brooklyn and Queens are now flush with 1,000 of Revel’s shared electric mopeds