Kyte Accelerates Smarter Car Ownership Alternative with New Subscription Services

The company who pioneered cars-on-demand is expanding its Tesla subscription model for Economy, Sedan and SUV fleets, providing first of its kind solution to all transportation needs SAN FRANCISCO, Dec. 1, 2022 /PRNewswire/ — Kyte (https://kyte.com), the company pioneering cars-on-demand for daily, weekly or monthly use, today announced the launch of its new subscription service for… Continue reading Kyte Accelerates Smarter Car Ownership Alternative with New Subscription Services

DoorDash is laying off around 1,250 corporate employees

DoorDash says it is laying off around 1,250 employees in the latest instance of belt tightening at a well-known tech company. CEO Tony Xu wrote in a note to employees that DoorDash sped up hiring during the COVID-19 pandemic to catch up with its growth, since the company was actually undersized as of early 2020.… Continue reading DoorDash is laying off around 1,250 corporate employees

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DETROIT, Nov 30 (Reuters) – Cruise, General Motors Co’s (GM.N) robotaxi unit, plans to enter a “large number of markets” and scale operations up to “thousands of vehicles” in 2023, Chief Operating Officer Gil West told Reuters. Cruise has announced plans to start offering rides in Austin and Phoenix, adding those cities to its current… Continue reading Untitled

Global Micro-Mobility Market to Reach $6.1 Billion by 2027 at a CAGR of 12.5%

DUBLIN, Nov. 29, 2022 /PRNewswire/ — The “Global Micro-Mobility Market by Type (Bicycle, E-bike, E-kick Scooter), Propulsion (Pedal Assist & Electric), Ownership (B2B, B2C), Sharing (Docked, Dock-less), Data (Navigation, Payment), Travel Range, Speed and Region – Forecast to 2027” report has been added to ResearchAndMarkets.com’s offering. The micro-mobility market is estimated to grow from USD… Continue reading Global Micro-Mobility Market to Reach $6.1 Billion by 2027 at a CAGR of 12.5%

Rakuten Capital invests in SG Web3 startup DEA and other SE Asia deals

Rakuten Capital, the investment arm of Japanese giant Rakuten Group, has made a minority investment in Digital Entertainment Asset (DEA), a Singapore-based global Web3 entertainment startup, according to an announcement. Financial details of the investment were not disclosed but it was part of the collaborative deal between DEA and Rakuten Group. DEA also partnered with… Continue reading Rakuten Capital invests in SG Web3 startup DEA and other SE Asia deals

South America Smart Commute Market Report 2022: Increasing Trend of Mobility-as-a-Service Bodes Well for Sector

DUBLIN, Nov. 24, 2022 /PRNewswire/ — The “South America Smart Commute Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type, Solution, and End User Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type, Solution, and End User” report has been added to  ResearchAndMarkets.com’s offering. The smart commute market in… Continue reading South America Smart Commute Market Report 2022: Increasing Trend of Mobility-as-a-Service Bodes Well for Sector

Lyft, Redwood Materials partner to recycle shared e-bike and e-scooter batteries

Lyft is partnering with Redwood Materials, a battery recycling company founded by ex-Tesla co-founder JB Straubel, to ensure the batteries from its fleets of shared electric bikes and scooters don’t end up in landfill at their end of life. The news, reported by The Verge, comes the same week that Lyft ended its dockless bike… Continue reading Lyft, Redwood Materials partner to recycle shared e-bike and e-scooter batteries

Lyft is recycling its e-bike and scooter batteries with ex-Tesla founder’s firm

/ The companies will work together to collect, process, and recycle the batteries from Lyft’s shared micromobility operations, which includes popular systems like Citi Bike in New York City. Photo by: Lindsey Nicholson / UCG / Universal Images Group via Getty Images Lyft is partnering with Redwood Materials, a battery recycling company founded by a… Continue reading Lyft is recycling its e-bike and scooter batteries with ex-Tesla founder’s firm

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Nov 17 (Reuters) – Lyft and driverless technology firm Motional said on Thursday that residents in Los Angeles will be able to book robotaxis on the ride-hailing company’s app, but did not specify by when the service will be available. Tough regulatory scrutiny and delayed commercial adoption of autonomous vehicle technology have delayed deployment of… Continue reading Untitled

Motional and Lyft will launch a robotaxi service in Los Angeles

/ The AV operator is a joint venture between Hyundai and Aptiv. LA will be its second robotaxi market with Lyft, after launching a service in Las Vegas earlier this year. Motional, the autonomous vehicle joint venture between Hyundai and Aptiv, is bringing its robotaxis to Los Angeles, where they will be available to hail… Continue reading Motional and Lyft will launch a robotaxi service in Los Angeles