Uber’s ambitious plans to launch an urban air taxi service just got a lift from a secretive, well-financed startup. The ride-hailing company said it would join forces with Joby Aviation, a California-based aerospace company that has been working on electric aviation for over a decade. Joby is the first company to commit to Uber’s aggressive… Continue reading Uber’s plan to launch an air taxi service in 2023 just got a boost from a secretive startup
Tag: Uber
30-40% Of Tesla Owners Buy Autopilot – Forbes
Full self-driving capability is just three years away, according to one Silicon Valley expert. “We’ve probably spent $100 billion in the past four or five years developing technology for fully autonomous go-anywhere cars,” says Blair LaCorte, president of AEye. “That … can now be used in more intelligent ways, in more intelligent business models.” Quite… Continue reading 30-40% Of Tesla Owners Buy Autopilot – Forbes
German court bans Uber’s ride-hailing services in Germany
FRANKFURT (Reuters) – A German court on Thursday banned Uber ride-hailing services in Germany, arguing the U.S. company lacks a necessary licence to offer passenger transport services using rental cars. The verdict is another setback for the firm after it lost its licence to carry paying passengers in London last month, with the city’s regulator… Continue reading German court bans Uber’s ride-hailing services in Germany
Blacklane is on the road to building a profitable on-demand transportation platform
Like it or loathe it, Uber changed the face of modern urban transportation by providing a relatively pain-free way to order a car to take you from A to B. But the company’s growth has done more than catapult Uber into the ranks of the biggest (and most-watched) tech companies: it’s helped open the door… Continue reading Blacklane is on the road to building a profitable on-demand transportation platform
Uber’s ride-hailing business hit with ban in Germany
Another legal blow for Uber in Europe: A regional court in Frankfurt has banned the company from sending ride-hailing requests to rental car companies via its app — with the court finding multiple competition violations. The ruling, over Uber’s dispatching process, follows a legal challenge brought by a German taxi association. In Germany Uber’s ride-hailing… Continue reading Uber’s ride-hailing business hit with ban in Germany
Uber agrees to pay $4.4 million to settle EEOC sexual harassment and retaliation charge
Uber has agreed to pay a $4.4 million fine to settle a 2017 charge from the U.S. Equal Employment Opportunity Commission pertaining to sex discrimination and retaliation. The investigation found reasonable cause to believe that Uber “permitted a culture of sexual harassment and retaliation against individuals who complained about such harassment,” the EEOC wrote in… Continue reading Uber agrees to pay $4.4 million to settle EEOC sexual harassment and retaliation charge
VW joins the Automated Vehicle Safety Consortium in the United States
The Volkswagen Group in the USA has joined the Automated Vehicle Safety Consortium. There is none in the US yet Federal law in the field of autonomous driving and so there is a patchwork of different rules, depending on Federal State. formed. But the industry has in that Automated Vehicle Safety Consortium (AVSC) agreed on… Continue reading VW joins the Automated Vehicle Safety Consortium in the United States
Uber doubles down on micromobility
Hello and welcome back to our regular morning look at private companies, public markets and the grey space in between. Today we’re looking into Uber’s bike bet and what the push could mean for Lime and other micromobility companies working to find a sustainable business model. As profitability comes back into vogue among investors at… Continue reading Uber doubles down on micromobility
Avis Surpasses 200K Connected Vehicle Mark
More than 4,000 Ford vehicles in the Avis Budget Group fleet are expected to be connected by the end of 2019, and a further 10,000 vehicles by the end of 2020. Photo via Depositphotos. Avis Budget Group announced today that it has surpassed the 200,000 connected car threshold globally, a significant marker on its journey… Continue reading Avis Surpasses 200K Connected Vehicle Mark
FOCUS-Argo takes different road to skirt self-driving challenges
PITTSBURGH/DETROIT (Reuters) – Sky’s the limit optimism about self-driving cars is giving way to tougher questions about how expensive automotive artificial intelligence will ever make a profit. FILE PHOTO: An Argo Ai self driving prototype vehicle is seen outside a Ford and Volkswagen joint news conference in New York City, New York, U.S., July 12,… Continue reading FOCUS-Argo takes different road to skirt self-driving challenges