CHICAGO, Aug. 25, 2023 /PRNewswire/ — Mobility as a Service market is projected to grow from USD 5.7 billion in 2023 to USD 40.1 billion by 2030, at a CAGR of 32.2% over the forecast period, according to a new report by MarketsandMarkets™. The increasing need to reduce carbon emissions and awareness of environmental issues have driven a… Continue reading Mobility as a Service Market worth $40.1 billion by 2030 – Exclusive Report by MarketsandMarkets™
Tag: Lyft
Where Uber’s climate and autonomous driving goals will meet in the future
Back when Uber Technologies was going public in 2019, CEO Dara Khosrowshahi gave a low-key warning: The profit gusher would not really begin until the company developed self-driving vehicles, a project on which it was then investing heavily. In the meantime, Uber lost more than $25 billion, as its early autonomous-vehicle program floundered and it… Continue reading Where Uber’s climate and autonomous driving goals will meet in the future
Uber raises its minimum age for California drivers to 25
Younger drivers will be grandfathered in. Uber has raised its minimum driver age in California to 25, up from 19, as initially reported by The Associated Press. The company allegedly changed the policy because of climbing commercial auto insurance costs in the state. However, it only affects new signups; drivers already approved before Wednesday will… Continue reading Uber raises its minimum age for California drivers to 25
Cruise and Waymo see a surge in robotaxi app downloads
Consumer interest in Cruise and Waymo’s competing robotaxi services surged following a vote last week by the California Public Utilities Commission that allowed the two companies to expand and charge for their driverless car operations in San Francisco. Estimates from app intelligence provider data.ai showed 15,400 downloads of the Waymo One app in the five days… Continue reading Cruise and Waymo see a surge in robotaxi app downloads
Waymo starts taking fares for SF robotaxis after state approval
The Jaguar I-Pace EVs currently being deployed / Credit: Waymo Waymo received final approval to operate its driverless taxis in California last week and will start charging for its driverless robotaxi service in San Francisco starting Monday, August 21. Last week, the California Public Utilities Commission issued its final approval allowing Google’s Waymo and GM’s… Continue reading Waymo starts taking fares for SF robotaxis after state approval
New York is now the world’s first city to mandate EV rideshare fleets by 2030
New York City has announced that it will now require EV rideshare fleets by 2030 – the world’s first large city to do so. New York City Mayor Eric Adams and City Taxi and Limousine Commission (TLC) commissioner David Do today announced the newly proposed rules for “Green Rides,” which requires the transition of New… Continue reading New York is now the world’s first city to mandate EV rideshare fleets by 2030
Ron Storn Joins Truckstop as Chief People and Culture Officer
Industry Veteran to Drive People-Centric Initiatives in Support of Growth and Customer Success BOISE, Idaho, Aug. 16, 2023 /PRNewswire/ — Truckstop is pleased to announce Ron Storn is joining the leadership team as Chief People and Culture Officer. In this pivotal role, Storn will be instrumental in shaping and advancing the people and organizational capabilities… Continue reading Ron Storn Joins Truckstop as Chief People and Culture Officer
Altos Radar raises $3.5m to accelerate the development and commercialization of 4D imaging radars
SAN JOSE, Calif., Aug. 14, 2023 /PRNewswire/ — Silicon Valley-based automotive radar startup, Altos Radar, has raised $3.5 million in seed round funding that will fast-track the commercialization of 4D imaging radars in driver-assisted and autonomous vehicles. The funding, led by Hesai Technology CEO David (Yifan) Li, ZhenFund and Monad Ventures, will be used to… Continue reading Altos Radar raises $3.5m to accelerate the development and commercialization of 4D imaging radars
Robotaxi expansion OK’d for San Francisco despite public safety concerns
Los Angeles — Get ready, San Francisco: The state government has approved a major expansion of driverless robotaxi service throughout the city. And get ready, Los Angeles: The industry is planning to push for driverless rides here as soon as it gets permits to do so. The state’s green light, on a 3-1 vote late Thursday by the California… Continue reading Robotaxi expansion OK’d for San Francisco despite public safety concerns
Lyft takes a page from Uber’s playbook: Ads
Ride-hailing giant Lyft will start displaying ads in-app, as well as via in-car tablets, rooftops and bikeshare stations. “Lyft has a captive audience throughout their entire ride journey – waiting for their car, matching with their driver, and in ride – and brands can now reach riders in relevant and tailored ways across our suite… Continue reading Lyft takes a page from Uber’s playbook: Ads