California agency to vote on San Francisco robotaxi expansion amid heavy opposition

The CPUC on Tuesday heard testimony from the San Francisco Municipal Transportation Agency that it had logged close to 600 incidents involving autonomous vehicles since spring of 2022 and that they believe that is “a fraction” of the total due to what they say are lax reporting requirements. Amid strenuous pushback from San Francisco officials… Continue reading California agency to vote on San Francisco robotaxi expansion amid heavy opposition

Lyft plans to ditch surge pricing, which riders hate ‘with a fiery passion’

Lowering fares has helped the company boost the number of people using the platform. Lyft plans to kill off surge pricing in an attempt to boost its rider numbers. On the company’s second-quarter earnings call, CEO David Risher admitted the controversial practice is a “a bad form of price raising” that riders loathe “with a… Continue reading Lyft plans to ditch surge pricing, which riders hate ‘with a fiery passion’

Lyft wants to kill surge pricing

Lyft has been cutting fares in order to secure more riders, and it’s working. Bu that success has come with a (literal) cost. The ride-hail company reported Tuesday during its second quarter 2023 earnings an increase in riders and decrease in revenue per active rider. That discrepancy was fueled by a decision by the company to… Continue reading Lyft wants to kill surge pricing

Lyft shares pop, then plop, as it predicts slow and steady growth

Lyft made less money per active rider in the second quarter — something that might normally give investors pause. Yet, the ride-hailing giant’s stock price initially rocketed nearly 14% in after-hours trading following its Q2 2023 earnings report. The stock then shed its after-hours gains shortly before this story went live. Lyft’s enthusiastic investors seemed… Continue reading Lyft shares pop, then plop, as it predicts slow and steady growth

MARBLEGATE HOSTS NEW YORK CITY’S FIRST TAXI DRIVER APPRECIATION DAY AT TAXI CLUBHOUSE

NEW YORK, Aug. 4, 2023 /PRNewswire/ — Marblegate Asset Management (Marblegate) was joined by TLC Commissioner David Do, the New York City Taxi Workers Alliance, Memorial Sloan Kettering Cancer Center, New York Legal Assistance Group and Raja Foods for their first ever “Taxi Driver Appreciation Day” – six months after the formal opening of the… Continue reading MARBLEGATE HOSTS NEW YORK CITY’S FIRST TAXI DRIVER APPRECIATION DAY AT TAXI CLUBHOUSE

Smart Cities and E-Bikes Propel Mobility on Demand Market Growth to 2031

DUBLIN, Aug. 4, 2023 /PRNewswire/ — The “Mobility on Demand Market By Type, By Vehicle Type, By Propulsion Type, By Booking Type, By Commute Type: Global Opportunity Analysis and Industry Forecast, 2021-2031” report has been added to  ResearchAndMarkets.com’s offering. According to this report, titled, ‘Mobility on Demand Market,’ the mobility on demand market was valued… Continue reading Smart Cities and E-Bikes Propel Mobility on Demand Market Growth to 2031

Clean Technica: Revel All-Electric Tesla Rideshare Service Passes One Million Rides, 300 EVs, 1000 Drivers002928

Revel, the all-electric rideshare service based in New York, just celebrated its one millionth ride since the service rolled out in New York City just two years ago. Who was the lucky passenger to take that millionth ride? None other than New York Senator and Senate Majority Leader Chuck Schumer. Schumer took the opportunity to… Continue reading Clean Technica: Revel All-Electric Tesla Rideshare Service Passes One Million Rides, 300 EVs, 1000 Drivers002928

Asia-Pacific Shared Mobility (Shared, Rental) Markets, 2023-2030: Increasing Traffic Congestion and Pollution to Support Market Growth

DUBLIN, Aug. 1, 2023 /PRNewswire/ — The “Asia-Pacific Shared Mobility Market By Service Type (Shared, Rental), By Vehicle Type (Two-Wheeler, Passenger Car, Commercial Vehicles), By Booking Type (Online, Offline), By Commute Type (Inter-City, Intra-City) By Country, Competition, Forecast & Opportunities, 2018- 2030F” report has been added to ResearchAndMarkets.com’s offering. Asia-Pacific Shared Mobility Market is anticipated to… Continue reading Asia-Pacific Shared Mobility (Shared, Rental) Markets, 2023-2030: Increasing Traffic Congestion and Pollution to Support Market Growth

Mobility-as-a-service market to grow by USD 456.64 billion from 2022 to 2027 | The increase in the use of smart connected devices drives market growth – Technavio

NEW YORK, July 28, 2023 /PRNewswire/ — The mobility-as-a-service market size is estimated to increase by USD 456.64 billion from 2022 to 2027. The market will progress with a CAGR of 33.84%, according to a recent market study by Technavio. This report also offers a 5-year historical (2017-2021) data projection of market size, segmentation, and region. Discover some insights… Continue reading Mobility-as-a-service market to grow by USD 456.64 billion from 2022 to 2027 | The increase in the use of smart connected devices drives market growth – Technavio

Robotaxi Market Analysis by Level of Autonomy, Vehicle, Service, Propulsion – Global Forecast to 2030 with Markets Set to grow at a CAGR of a Staggering 91.8%

DUBLIN, July 25, 2023 /PRNewswire/ — The “Robotaxi Market by Application (Goods and Passenger), Level of Autonomy (L4 and L5), Vehicle (Cars and Vans/Shuttles), Service (Rental and Station Based), Propulsion (Electric and Fuel Cell), Component and Region – Global Forecast to 2030” report has been added to ResearchAndMarkets.com’s offering. The global robotaxi market is poised for… Continue reading Robotaxi Market Analysis by Level of Autonomy, Vehicle, Service, Propulsion – Global Forecast to 2030 with Markets Set to grow at a CAGR of a Staggering 91.8%