Addison Lee’s private minicab app goes global

Addison Lee is trying to shake off its image as a London-focused taxi service and re-establish itself as a ride-hailing app that works around the world. Today, the company announced a “digital global service” that anyone can use to book minicabs in over 100 cities worldwide. In some locations, that will mean Addison-owned vehicles, but… Continue reading Addison Lee’s private minicab app goes global

Nexar gets $30M Series B for its AI-based road safety dashcams and network

Nexar, a startup that makes an AI-based dashcam app to monitor road safety, announced today that it has raised a $30 million Series B led by Ibex Ventures. Participants included Alibaba Innovation Ventures (the venture capital investment arm of Alibaba Group), Nationwide Insurance and returning investors Aleph, Mosaic Ventures, Slow Ventures, True Ventures and Tusk… Continue reading Nexar gets $30M Series B for its AI-based road safety dashcams and network

The quest for Asia’s ride-hailing market & more

The quest for Asia’s ride-hailing market & more Welcome to our weekly news highlights by Splyt, the place where you‘ll find the most relevant information about the urban mobility scene. Follow us for updated news, we post every Tuesday! Here is what happened last week:Self-driving car startup Pony.ai raises $112 One of the now many autonomous driving… Continue reading The quest for Asia’s ride-hailing market & more

Top Automotive Industry News for Week of January 15 – January 21, 2017

Here is the most important news associated with the automotive industry identified by the SEA for the week January 15, 2018 – January 21, 2018. We hope it helps you stay up to speed on the key developments in our industry: -AEA Membership News- Save The Date! The next AEA Members Reception will be held… Continue reading Top Automotive Industry News for Week of January 15 – January 21, 2017

After Whirlwind 2017, May Mobility Plans to Expand Driverless Fleet

May Mobility, the autonomous vehicle startup based in Ann Arbor, MI, had an action-packed 2017. The company launched in January, completed a stint in the Y Combinator accelerator over the summer, put driverless shuttles on downtown Detroit streets through a small pilot program in October, and raised more than $11 million over the course of… Continue reading After Whirlwind 2017, May Mobility Plans to Expand Driverless Fleet

Lyft Is Inspiring More People to Give Up Their Own Cars

Photo illustration by Slate. Photo by iStock. 2017 was a good year for Lyft. The company got a $1 billion cash infusion from Alphabet, Google’s parent company. It embarked upon new partnerships on the research-and-development front. And its main competitor Uber suffered a year of sexual harassment allegations, lawsuits, and executive turnover. Coincidentally, Lyft had… Continue reading Lyft Is Inspiring More People to Give Up Their Own Cars

Mvix Launches App for Displaying Uber and Lyft on Digital Signs

STERLING, Va., Jan. 18, 2018 /PRNewswire/ — Mvix, a leading provider of content-rich digital signage software and solutions, announced the launch of a custom Rideshare app for displaying Uber and Lyft directly on digital signage screens. The Rideshare app uses the customer’s address as the pickup location and displays custom, localized information, such as: The app… Continue reading Mvix Launches App for Displaying Uber and Lyft on Digital Signs

Chariot expands to Columbus, Ohio with JPMorgan Chase commuter shuttle

Ford’s Chariot shared commuter shuttle service is expanding to its latest new market: Columbus, Ohio. The Columbus launch is in partnership with JPMorgan Chase, and initial service in the area will be specifically a shuttle for the company’s 400 Corporate Center employees located within the city. Chariot will operate daily shuttles for these employees staring… Continue reading Chariot expands to Columbus, Ohio with JPMorgan Chase commuter shuttle

GM sees 2018 profits roughly equal to 2017 with slightly lower U.S. market

General Motors Chairman and CEO Mary Barra told analysts Tuesday GM expects to exceed its 2017 profitability in North America and China. (Photo: Steve Fecht for General Motors) General Motors expects its 2018 profit to be in line with earnings from 2017, details of which it will report Feb. 6. But the automaker  will not… Continue reading GM sees 2018 profits roughly equal to 2017 with slightly lower U.S. market