Argo AI, an autonomous vehicle startup that burst on the scene in 2017 stacked with a $1 billion investment, is shutting down — its parts being absorbed into its two main backers: Ford and VW, according to people familiar with the matter. During an all-hands meeting Wednesday, Argo AI employees were told that some people… Continue reading Ford, VW-backed Argo AI is shutting down
Tag: Lyft
@Tata-JLR: InMotion Ventures appoints Mike Smeed as Managing Director
Former finance lead for China-based joint venture Chery Jaguar Land Rover returns to UK We are delighted to announce the appointment of Mike Smeed as Managing Director of InMotion Ventures, following the recent launch of Jaguar Land Rover’s new Open Innovation strategy. By collaborating with start-ups, scale-ups and like-minded external organisations, Open Innovation is a… Continue reading @Tata-JLR: InMotion Ventures appoints Mike Smeed as Managing Director
Lyft relaunches monthly subscription plan at half the price
Ride-hail giant Lyft has relaunched Lyft Pink, its monthly subscription plan, at half of its previous price. At $9.99 per month or $99 per year, the new membership offers perks like free priority pickups and a discount of “at least” 5% on Preferred, Lux and XL rides, the company said Tuesday. Members will also receive… Continue reading Lyft relaunches monthly subscription plan at half the price
U.S. autonomous vehicle group picks ex-Senate aide as director
U.S. lawmakers have been divided for years over how to amend current auto safety regulations to encompass self-driving cars, including the scope of consumer and legal protections. By David Shepardson A group representing self-driving car companies is appointing a former U.S. Senate aide as its new head as the industry works to convince U.S. policymakers… Continue reading U.S. autonomous vehicle group picks ex-Senate aide as director
Lyft’s Pink subscription plan is back with a lower $10 fee (and fewer perks)
Lyft is once again rethinking its monthly subscription plan, and this time the cost might be easier to justify. The company has re-launched its Pink membership at $10 per month or $99 per year, or about half the previous price. You lose the discounts on all rides. Instead, the focus is on perks that may… Continue reading Lyft’s Pink subscription plan is back with a lower $10 fee (and fewer perks)
Untitled
Oct 25 (Reuters) – A group representing self-driving car companies is appointing a former U.S. Senate aide as its new head as the industry works to convince U.S. policymakers to speed the deployment of autonomous vehicles and jumpstart stalled legislation. The Autonomous Vehicle Industry Association (AVIA) has tapped Jeff Farrah as its first executive director,… Continue reading Untitled
@Tata-JLR: INMOTION, JAGUAR LAND ROVER’S CORPORATE VENTURE CAPITAL ARM, APPOINTS MIKE SMEED AS MANAGING DIRECTOR
About InMotion Ventures Powered by Jaguar Land Rover, InMotion Ventures makes strategic investments into innovative, high-growth companies building a sustainable future for the automotive industry. InMotion invests in startups across the globe, typically between Seed to Series C and notable past investments have included Lyft (exited in 2019), Ascend Elements, Circulor and Apex AI. For… Continue reading @Tata-JLR: INMOTION, JAGUAR LAND ROVER’S CORPORATE VENTURE CAPITAL ARM, APPOINTS MIKE SMEED AS MANAGING DIRECTOR
Arrival restructures (again), Bird shrinks and highlights from Disrupt
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the full edition of the newsletter every weekend in your inbox. This is a shorter version of The Station newsletter that is emailed to subscribers. Want all the deals, news roundups and commentary? Subscribe… Continue reading Arrival restructures (again), Bird shrinks and highlights from Disrupt
Robo Taxis Global Market Report 2022: Geiger-Mode Technology Presents Lucrative Opportunities
DUBLIN, Oct. 24, 2022 /PRNewswire/ — The “Robo Taxis Global Market Report 2022” report has been added to ResearchAndMarkets.com’s offering. The global robo-taxis market is expected to grow from $1.05 billion in 2021 to $1.71 billion in 2022 at a compound annual growth rate (CAGR) of 63.3%. The robo-taxis market is expected to grow to $11.01… Continue reading Robo Taxis Global Market Report 2022: Geiger-Mode Technology Presents Lucrative Opportunities
Ford CEO Jim Hackett on the future of computing, cities, and self-driving cars – Quartz
In May 2017, Ford announced that it had replaced its CEO, Mark Fields, who had been with the company since 1989, with Jim Hackett. Despite being on Ford’s board since 2013, Hackett was probably best known for leading Steelcase, the large office-furniture company, for decades and turning around its fortunes, as well as for working… Continue reading Ford CEO Jim Hackett on the future of computing, cities, and self-driving cars – Quartz