Top Automotive Industry News for Week of April 30 – May 6, 2018

Here is the most important news associated with the automotive industry identified by the AEA for the week April 30, 2018 – May 6, 2018. We hope it helps you stay up to speed on the key developments in our industry: -Automotive Manufacturing News- All new cars and SUVs sold in the US must now… Continue reading Top Automotive Industry News for Week of April 30 – May 6, 2018

Elon Musk offers more detail about Tesla’s ridesharing network

On Tesla’s Q1 2018 earnings call today, Tesla CEO Elon Musk shed some light on the company’s ambitions to launch an autonomous vehicle ridesharing network. The short answer is that, from a technical standpoint, Tesla will be ready by the end of next year, Musk said. It’s not yet clear, however, when Tesla would actually… Continue reading Elon Musk offers more detail about Tesla’s ridesharing network

Rents impacted by new transit options, new study details

Few things can guarantee a premium price for new housing like transit access. Demand so far outstrips supply in the United States, that the relative handful of walkable, transit-rich neighborhoods often become the most expensive places to live in their respective cities. A study by the National Association of Realtors and the American Public Transit… Continue reading Rents impacted by new transit options, new study details

Lyft commits $1.5 million to help people who lack access to transportation

Lyft is committing $1.5 million to its Relief Rides program. The idea has historically been to better support people during times of crisis, such as natural disasters or other emergency situations. Now, Lyft is expanding its reach to help people who many need rides to job interviews or medical appointments. One of the partners Lyft… Continue reading Lyft commits $1.5 million to help people who lack access to transportation

Aptiv Launches Fleet of Autonomous Vehicles on the Lyft Network

LAS VEGAS, May 2, 2018 /PRNewswire/ — Aptiv PLC (NYSE: APTV), a global technology leader in mobility, announced the launch of a fleet of 30 autonomous vehicles in Las Vegas on the Lyft network. A product of Aptiv’s Mobility and Services group, these vehicles will operate on Aptiv’s fully-integrated autonomous driving platform and be made available… Continue reading Aptiv Launches Fleet of Autonomous Vehicles on the Lyft Network

Lyft partners with Udacity to hire self-driving car engineers

Lyft is teaming up with Udacity to find talent for its Level 5 autonomous driving engineering team. The partnership entails a challenge designed to identify the best candidates in Udacity’s self-driving car engineer nanodegree program. Called the Lyft Perception Challenge, the idea is to test problem-solving skills around perception for autonomous vehicles. The competition, which… Continue reading Lyft partners with Udacity to hire self-driving car engineers

BMW is working with LiDAR company Innoviz to make self-driving cars

BMW has already made clear its intent to launch self-driving cars by 2021. Now, the automaker has decided on solid-state LiDAR (Light Detection and Ranging) sensors and computer vision tech from startup Innoviz to enable its Level 3 – 5 autonomous vehicles to “see” their surroundings. For clarity, level 3 involves highly-automated driving, level four… Continue reading BMW is working with LiDAR company Innoviz to make self-driving cars

Study estimates traveling with Uber and Lyft will be cheaper than owning a car in some cities by 2027

Autonomous Uber test vehicles at the Advanced Robotics Group in Pittsburgh. (GeekWire Photo / Taylor Soper) The cost of owning a car could be less than traveling exclusively with rideshare services in Seattle and Denver by 2027, according to a new study by QuoteWizard. Two commuters — one in Seattle and one in Denver —… Continue reading Study estimates traveling with Uber and Lyft will be cheaper than owning a car in some cities by 2027

China’s Didi Chuxing launches its ride-hailing service in Mexico

China’s ride-sharing leader Didi Chuxing has continued its global march after it officially launched in Mexico, expanding its battle with Uber to a new front. The company raised $4 billion in December to expand overseas and it hasn’t held back on doing so this year. Hot on the heels of moves into Brazil, Taiwan and… Continue reading China’s Didi Chuxing launches its ride-hailing service in Mexico

Lyft Delivers Carbon-Neutral Rides

The ride-hailing company announced on Thursday that it plans to become one of the largest voluntary purchasers of carbon offsets in the world. Over the years, John Zimmer, the co-founder and president of Lyft, has often pointed to a class he took as an undergraduate as the source of his ideas about environmental sustainability—and by… Continue reading Lyft Delivers Carbon-Neutral Rides