For gig platforms that self-insure for collision and liability, whatever is paid out in an accident beyond whatever deductible is stated is coming out of the platform owner’s pocket, not an insurance provider. Photo via Pixabay/cdz. A lawsuit recently made headlines that, for anyone that knows the peer-to-peer (P2P) rental industry, is regrettable but inevitable… Continue reading Planning on Renting Your Vehicles on a P2P Platform for Gig Drivers? Be Aware of the Risks
Tag: Uber
Uber entices drivers back post-pandemic with $250 million stimulus
Despite the classification of ride-hail drivers as “essential workers” during the early days of the pandemic, last April Uber’s business dropped by 80%. Drivers decided they’d rather not risk contracting or spreading COVID-19 for the measly revenue provided by the few rides per day they were getting, so when the federal CARES Act extended the Pandemic… Continue reading Uber entices drivers back post-pandemic with $250 million stimulus
Polestar is building a zero-emissions car without ‘cop-out’ carbon offsets
Swedish electric performance automaker Polestar says it will build the world’s first truly zero-emissions vehicle without relying on carbon offsets, which it described as a “cop-out.” The company, which was spun out of Volvo and Volvo’s parent company Geely, framed its effort to cut carbon emissions by changing the way its cars are made as… Continue reading Polestar is building a zero-emissions car without ‘cop-out’ carbon offsets
The Best Electric Toothbrushes for Your Pearly Whites
It’s time I came clean: I hate brushing my teeth. I do it because I have to, but it’s a time-consuming, uncomfortable process—two minutes standing in front of the mirror can feel like an eternity. My dentist says I brush too harshly as well. And don’t even get me started on flossing. Electric toothbrushes make… Continue reading The Best Electric Toothbrushes for Your Pearly Whites
The Future of Urban Travel™: ORION Electronics Company, Inc
By 2030, the micro-mobility market is projected to exceed $300bn in the US and $900bn globally (McKinsey). ORION’s founder and CEO Paul Perkins, says, “The millions of essential Americans who make less than $30k a year are the most in need of micro-mobility options but are being left out and overlooked by existing rideshare companies… Continue reading The Future of Urban Travel™: ORION Electronics Company, Inc
Productiv Raises $45M in Series C Funding
Productiv, a Palo Alto, CA-based provider of a SaaS management platform, closed a $45M Series C funding. The round, which brought total funding raised to date to $73M, was led by IVP with participation from existing investors Accel, Norwest Venture Partners, Okta Ventures, and new strategic investor Atlassian Ventures. In conjunction with the financing, Steve Harrick… Continue reading Productiv Raises $45M in Series C Funding
Spekit Raises $12.2M in Series A Funding
Spekit, a Denver, CO-based digital adoption and enablement platform provider, closed a $12.2m Series A funding round. The round, which brings total funding raised to date to $15.7m, was led by Foundry Group and Renegade Partners, with participation from Operator Collective, Matchstick Ventures and Bonfire Ventures. As part of the financing, Foundry Group Partner and serial SaaS investor Jaclyn Freeman Hester and Roseanne Wincek,… Continue reading Spekit Raises $12.2M in Series A Funding
Optimus Ride partners with Polaris to commercialize electric autonomous vehicles
Autonomous, electric mobility service provider Optimus Ride announced a partnership with powersports vehicle manufacturer Polaris to bring fully autonomous GEM electric vehicles to market. The two will introduce a new line of Polaris GEM low-speed vehicles that will be engineered to fully integrate Optimus Ride’s autonomous software and hardware suite. The microtransit vehicles are expected… Continue reading Optimus Ride partners with Polaris to commercialize electric autonomous vehicles
Aurora and Volvo partner to bring autonomous long-haul trucks to North America
The autonomous vehicle startup Aurora Innovation said Tuesday it has reached an agreement with Volvo to jointly develop autonomous semi trucks for North America. The partnership, which the two companies say will span several years and is through Volvo’s Autonomous Solutions unit, will focus on trucks built to operate autonomously on highways between hubs for… Continue reading Aurora and Volvo partner to bring autonomous long-haul trucks to North America
Volvo partners with Aurora to accelerate the deployment of autonomous transport solutions
GÖTEBORG, Sweden, March 30, 2021 /PRNewswire/ — Volvo Autonomous Solutions has entered a strategic partnership with US-based self-driving company Aurora to jointly develop on-highway autonomous trucks. The agreement signed between Volvo Autonomous Solutions and Aurora is a long-term partnership spanning over several years. The initial focus is on hub-to-hub applications for customers in North America. Automation is… Continue reading Volvo partners with Aurora to accelerate the deployment of autonomous transport solutions