Untitled

Dec 13 (Reuters) – U.S. Senator Joe Manchin, a Democrat who chairs the chamber’s energy panel, asked the Treasury Department on Tuesday not to allow a commercial electric vehicle tax credit to be used for consumer leasing, rental cars or ridesharing vehicle sales, rejecting a broad interpretation of the credit. Reuters first reported last week… Continue reading Untitled

Lyft’s latest EV incentives include an earnings bonus for California drivers

The company will also provide charging discounts to drivers nationwide. When Lyft first pledged to go fully electric by the end of 2030, the company detailed a plan that involved an “extremely hard” push on incentives for drivers. Now, more than two years later, the company is rolling out a new EV bundle to encourage… Continue reading Lyft’s latest EV incentives include an earnings bonus for California drivers

Lyft drivers who use EVs will get a $150 bonus if they complete 50 trips a week

/ The company is offering cash incentives to get more drivers to switch to EVs so it can achieve its goal of “100 percent” electric-only trips by 2030. Lyft drivers can get cash for driving an EV. Lyft, which has said it wants “100 percent” of the vehicles operating on its platform to be electric… Continue reading Lyft drivers who use EVs will get a $150 bonus if they complete 50 trips a week

Uber files lawsuit to block NYC driver pay increase

Back in November, New York City’s Taxi and Limousine Commission (TLC) voted to increase the pay rates of Uber and Lyft drivers to make up for the rise in inflation and and operational costs. The new rates were supposed to be implemented on December 19th, but now Uber has sued the commission to block the… Continue reading Uber files lawsuit to block NYC driver pay increase

Getaround stock crashes after carsharing company goes public in SPAC deal

Paul Chinn | San Francisco Chronicle | Getty Images Carsharing company Getaround made its public market debut Friday through a merger with blank-check company InterPrivate II Acquisition Corp. The company saw its share value drop more than 65%, reflecting the chilly environment for both SPACs and ridesharing companies.  Getaround, which made the very first CNBC… Continue reading Getaround stock crashes after carsharing company goes public in SPAC deal

When drivers are attacked, Uber leaves police waiting for help

An investigation from The Markup found that Uber is slow to respond to law enforcement requests, leaving drivers vulnerable to repeated attacks. In St. Louis, a narrow and quiet street shadowed with trees has haunted Brian Blagoue since the spring of 2021. It’s where two passengers carjacked him at gunpoint while he was working as… Continue reading When drivers are attacked, Uber leaves police waiting for help

Can We Please Stop With These Offensively Stupid “Robotaxis”?

If there’s a “safety driver” behind the wheel, it’s just a marketing shtick. Sign of the Times Oh great, now there’s another batch of “driverless” robotaxis hitting the streets. Except, unsurprisingly, there’s a human “safety driver” at the wheel who’s ready to intervene at any moment. That human, skeptics will point out, could just drive the… Continue reading Can We Please Stop With These Offensively Stupid “Robotaxis”?

What Does the New Normal Look Like for Car Rental?

Electric vehicles, telematics, and contactless rentals are three key areas to watch that present potential threats from within. Photo: Canva You can’t beat a global pandemic to appreciate the value of a rental car. Forgive me for the flippant statement, but I’m being provocative to make a point. Hertz just posted revenue per unit, per… Continue reading What Does the New Normal Look Like for Car Rental?

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

Untitled

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