MUMBAI: Tata Motors, the flagship of the $100-billion Tata Group, has picked up 26% in freight aggregator TruckEasy, marking its first stake-purchase in a domestic startup. The transaction, for which the investment amount wasn’t disclosed, gives Tata Motors two seats on the board of the three-year-old, Bengaluru-based TruckEasy. Tata Motors’ bet on TruckEasy could boost… Continue reading In a 1st, Tata Motors picks up 26% in startup TruckEasy
Tag: Lyft
SpotHero introduces 500 autonomous car-ready garages in Chicago
Conventional cars drive the bulk of Chicago-based SpotHero‘s business, but the parking inventory and booking startup is setting its sights on a driverless future. Today, it announced that more than 500 of its connected parking garages in Chicago have been adapted to accommodate autonomous cars, trucks, and SUVs. “Significant strides in both vehicle and parking technologies… Continue reading SpotHero introduces 500 autonomous car-ready garages in Chicago
Apps like Uber and Lyft could improve public transportation instead of undercutting it
The number of innovative transit partnerships is growing rapidly, but the jury is still out on what types of partnerships can yield win-wins for communities, companies and transit agencies. An overarching goal should be to increase mobility – that is, passenger miles traveled – while reducing vehicle miles traveled. This will only happen if ride-hailing… Continue reading Apps like Uber and Lyft could improve public transportation
instead of undercutting it
Uber and Lyft may be vying to acquire bus startup
This story was delivered to Business Insider Intelligence Transportation & Logistics Briefing subscribers hours before it appeared on Business Insider. To be the first to know, please click here. Uber and Lyft are reportedly interested in acquiring Skedaddle, the crowdsourced bus startup, according to TechCrunch. Skedaddle, which was founded in 2015, enables individuals to charter… Continue reading Uber and Lyft may be vying to acquire bus startup
Spain’s Cabify ‘categorically denies’ that it is in negotiations for a full or partial sale to Lyft
Transportation-on-demand service Lyft, now valued at over $15 billion after raising another $600 million in June, is on the hunt to scale its business. One move it might not be making soon, however, is to expand operations into Spain and Latin America by way of an acquisition of one of the leading players in the… Continue reading Spain’s Cabify ‘categorically denies’ that it is in negotiations for a full or partial sale to Lyft
Uber looked at buying bike-sharing firm Motivate before Lyft — but walked away over contract and union issues
Lyft Buys Company Behind Citi Bike, Joining Bike-Rental Business
Terms of Service Violation Your usage has been flagged as a violation of our terms of service. For inquiries related to this message please contact support. For sales inquiries, please visit http://www.bloomberg.com/professional/request-demo If you believe this to be in error, please confirm below that you are not a robot by clicking “I’m not a robot”… Continue reading Lyft Buys Company Behind Citi Bike, Joining Bike-Rental Business
Lyft raises $600m in new funding at $15.1bn valuation
Lyft raises $600m in new funding at $15.1bn valuation Financial Times Lyft gets $600M richer with new funding CNET Lyft is now worth $15.1 billion CNBC Lyft’s Valuation Doubles to $15.1 Billion Over One Year in Battle With Uber Wall Street Journal Full coverage Go to Source Go to Source
Ford Unit Teams With Startup Developing ‘Waze’ for Self-Driving Cars
LISTEN TO ARTICLE SHARE THIS ARTICLE A slew of companies have sprung up to make the smarts, sensors and other integral systems for self-driving cars. Here comes one to tell these cars where to go. Startup RideOS said Friday that it has raised $9 million led by venture firm Sequoia Capital and reached a partnership with a division… Continue reading Ford Unit Teams With Startup Developing ‘Waze’ for Self-Driving Cars
Uber’s plan to get more electric cars on the road
While electrifiying the U.S.’s ride-hailing fleet could have a tremendous impact on reducing emissions, operating an electric vehicle on today’s streets is challenging for drivers. A new program at Uber wants to make it easier for its drivers to go electric—and get more EVs on the road. “What we’ve learned from drivers is that they… Continue reading Uber’s plan to get more electric cars on the road