Bike and Scootersharing Telematics Market Report – Micromobility and Public Transport Ecosystems to Converge

DUBLIN, Dec. 19, 2023 /PRNewswire/ — The “Bike and Scootersharing Telematics Market – 3rd Edition” report has been added to ResearchAndMarkets.com’s offering. The report estimates that the number of deployed vehicles in bikesharing schemes will grow at a CAGR of 8.2 percent from 23.7 million at the end of 2022 to 35.2 million by 2027. The… Continue reading Bike and Scootersharing Telematics Market Report – Micromobility and Public Transport Ecosystems to Converge

Cruise is in danger of becoming GM’s latest trendy venture that doesn’t pay off

Sydney Boyo DETROIT — General Motors‘ plans to diversify its business through trendy industries such as ridesharing and other “mobility” ventures or startups have largely fallen flat since the automaker started investing in such growth areas in 2016. Cruise, its majority-owned autonomous vehicle subsidiary, is increasingly looking like it might be next. The unit has… Continue reading Cruise is in danger of becoming GM’s latest trendy venture that doesn’t pay off

Cruise CEO Kyle Vogt resigns from GM-owned robotaxi unit

watch now Cruise co-founder and CEO Kyle Vogt has resigned from his role at the autonomous vehicle venture owned by General Motors, according to a company statement sent to CNBC on Sunday. Mo Elshenawy, who previously served as executive vice president of engineering at Cruise, will now serve as president and chief technology officer for… Continue reading Cruise CEO Kyle Vogt resigns from GM-owned robotaxi unit

The Wild West of robotaxis: Will Texas be a regulatory haven or chaos unleashed?

All eyes might be on the California robotaxi market, but Texas is the one shaping up to be the next hot testbed of the technology — and regulatory fights that could follow. The Lone Star State has been home to autonomous vehicle testing, particularly with trucks, for years now. However, Texas, a state with negligible… Continue reading The Wild West of robotaxis: Will Texas be a regulatory haven or chaos unleashed?

Uber failed to help cities go green — will robotaxis, too?

/ Uber and Lyft were supposed to reduce carbon emissions, but they turned out to be polluters. Robotaxis look to repeat some of the same mistakes. Illustration by Nico H. Brausch for The Verge Robotaxi companies are eager to present themselves with a green halo.  “Climate change is the single biggest issue we face as… Continue reading Uber failed to help cities go green — will robotaxis, too?

Reveleer Welcomes Expert Digital Health Executive to Its Board of Directors

Megan Callahan brings 25 years of experience growing innovative technology companies  GLENDALE, Calif., Nov. 14, 2023 /PRNewswire/ — Reveleer, a leading AI-powered healthcare technology data and analytics company committed to advancing sustainable value-based care for health plans and risk-bearing providers, today announced Megan Callahan, a widely respected digital healthcare leader, has joined its Board of Directors.… Continue reading Reveleer Welcomes Expert Digital Health Executive to Its Board of Directors

Uber takes steps to combat unfair driver deactivations

Uber is introducing new features geared toward addressing the issues of unfair deactivations that ride-hail and delivery drivers often face. Starting Monday across the U.S., Uber will roll out a technology that identifies riders or Uber Eats customers who consistently give bad ratings or feedback with the intent of getting a refund. Allegations by those… Continue reading Uber takes steps to combat unfair driver deactivations

EVCS and Lyft Launch New EV Charging Program for Rideshare Drivers

Lyft Standard and Pro EV drivers qualify for discounted charging on the EVCS network LOS ANGELES, Nov. 9, 2023 /PRNewswire/ — EVCS, one of the largest electric vehicle (EV) fast-charging network operators on the West Coast, and Lyft Inc. (NASDAQ:LYFT), a leading rideshare company, are excited to announce the launch of a new partnership program: EV… Continue reading EVCS and Lyft Launch New EV Charging Program for Rideshare Drivers

Lyft picks comfort over sharing in bid to compete with Uber

Lyft is introducing a “more affordable sort of higher-end ride” in an attempt to offer ride-hail products that customers actually want, CEO David Risher said Wednesday during the company’s third-quarter earnings call. The move comes after Lyft has been successful, by some metrics, in regaining market share from Uber by slashing its ride-hail fares. In… Continue reading Lyft picks comfort over sharing in bid to compete with Uber

Lyft’s price war with Uber yields mixed results

Lyft’s strategy of slashing ride-hail fares to compete with Uber has resulted in slow and steady gains for the company, but competition remains fierce.  According to Lyft’s third-quarter earnings, reported Wednesday, Lyft’s active ridership numbers have increased sequentially quarter-over-quarter this year. In the three months ending September 30, Lyft recorded 22.4 million active riders, up… Continue reading Lyft’s price war with Uber yields mixed results