Uber and Motional launch robotaxi service in Las Vegas

Uber and Motional, the Hyundai-Aptiv joint venture focused on commercializing self-driving technology, have launched a robotaxi service in Las Vegas — the first step in the companies’ 10-year plan to co-scale across major North American cities, which was announced in October. While Motional has already launched similar services in Las Vegas on both the Lyft… Continue reading Uber and Motional launch robotaxi service in Las Vegas

MOTIONAL LAUNCHES FIRST ROBOTAXI SERVICE ON THE UBER NETWORK

This will be the first time public riders can access a Motional autonomous vehicle (AV) on Uber’s network, starting with Las Vegas. This launch follows the recent announcement of a 10-year framework agreement that is expected to create one of the largest deployments of AVs on a major ride-hail network, with the potential to reach… Continue reading MOTIONAL LAUNCHES FIRST ROBOTAXI SERVICE ON THE UBER NETWORK

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Dec 7 (Reuters) – U.S. ride-hailing firm Uber Technologies Inc (UBER.N) and driverless tech-maker Motional have launched their public robotaxi service in Las Vegas on Wednesday. Tough regulatory scrutiny and delayed commercial adoption of autonomous vehicle technology have delayed deployment of robotaxi services, leaving investors worried. The launch is part of a non-exclusive 10-year agreement… Continue reading Untitled

Robotaxis are now available to hail on the Uber app in Las Vegas

/ For the first time, the Uber app can be used to hail an autonomous vehicle. The ridehail company has a 10-year deal with Motional, which is a joint venture between Hyundai and Aptiv. Uber now has robotaxis available for its customers to hail in Las Vegas. The vehicles are operated by Motional, a joint… Continue reading Robotaxis are now available to hail on the Uber app in Las Vegas

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WASHINGTON, Dec 6 (Reuters) – Many automakers and the South Korean government are urging the Biden administration to tap a commercial electric vehicle tax credit to boost consumer EV access, a plan that could help ease concerns over a climate bill approved in Congress. The $430 billion U.S. Inflation Reduction Act (IRA) passed in August… Continue reading Gallery

Mobility-as-a-service market size to grow by USD 456.64 billion from 2022 to 2027: A descriptive analysis of customer landscape, vendor assessment, and market dynamics – Technavio

NEW YORK, Dec. 6, 2022 /PRNewswire/ — Technavio categorizes the global mobility-as-a-service market as a part of the application software market, the parent market. The parent global application software market covers companies that are engaged in developing and producing application and system software. The global mobility-as-a-service market size is estimated to increase by USD 456.64 billion from 2022 to 2027. The… Continue reading Mobility-as-a-service market size to grow by USD 456.64 billion from 2022 to 2027: A descriptive analysis of customer landscape, vendor assessment, and market dynamics – Technavio

EV industry faces a ‘red line’ for growth through 2027, analyst says

Wall Street analysts are busy publishing their 2023 lookahead pieces, and Cowen analyst Jeff Osborne is out with the big one — the firm’s Future of Mobility report. Osborne has partnered with 16 other analysts at the firm to map out what’s next in the nearly 500-page report, from electrification, to government regulation, to infrastructure,… Continue reading EV industry faces a ‘red line’ for growth through 2027, analyst says

EV industry faces a ‘red line’ for growth through 2027, analyst says

Wall Street analysts are busy publishing their 2023 lookahead pieces, and Cowen analyst Jeff Osborne is out with the big one — the firm’s Future of Mobility report. Osborne has partnered with 16 other analysts at the firm to map out what’s next in the nearly 500-page report, from electrification, to government regulation, to infrastructure,… Continue reading EV industry faces a ‘red line’ for growth through 2027, analyst says

Chattermill Raises $26M in Series B Funding

Chattermill, a London, UK-based provider of a Unified Customer Intelligence platform, raised $26m in Series B funding. Backers included DN Capital, Ventech, Runa Capital, Btov, SVB, and Blossom Street Ventures. The company intends to use the funds to continue to expand operations and its business reach. Led by CEO Mikhail Dubov and Dmitry Isupov, Chattermill… Continue reading Chattermill Raises $26M in Series B Funding

The Strength of the ACRA Keystone

As ACRA watches industry issues across the nation, two areas of focus right now are the looming sunset of full expensing for personal property and the electrification of the rental fleets. Logo: ACRA/Photo: Canva The Oxford English Dictionary defines keystone as “a central stone at the summit of an arch, locking the whole together.” The Keystone of the Arch As I… Continue reading The Strength of the ACRA Keystone