The whole point of self-driving taxis is, in theory, to save costs on human labor — but Waymo, Google’s glitchy robotaxi service, doesn’t appear to be any cheaper at all, at least for now. In a report shared with TechCrunch, the ride-hailing data aggregator Obi found that riding with Waymo is pretty much always more expensive… Continue reading You’ll Guffaw When You Hear How Much Self-Driving Waymos Cost Compared to Human-Driven Ubers
Tag: Lyft
Zevo’s EV-only car-share fleet is helping Tesla owners make money
Hebron Sher remembers daydreaming in 2019 when Elon Musk promised Tesla’s cars would become robotaxis, capable of going out in the world to make money for owners. Sher was already a user of the car-sharing platform Turo, and the idea of turning a Tesla into an even bigger moneymaker was an attractive proposition. But as… Continue reading Zevo’s EV-only car-share fleet is helping Tesla owners make money
Waymo rides cost more than Uber or Lyft — and people are paying anyway
A central premise of robotaxis is that high usage and lower labor costs will ultimately make it a cheap transportation option. That is still far from true, but now there’s some data that gives us an idea of by how much. Obi, an app that aggregates real-time pricing and pick-up times across multiple ride-hailing services,… Continue reading Waymo rides cost more than Uber or Lyft — and people are paying anyway
DBS Maintains Hold Rating on NIO Inc. (NIO) Stock
On June 5, DBS analyst Rachel Miu maintained a Hold rating on NIO Inc. (NYSE:NIO) and set a price target of HK$38.00. The rating update came after the company reported its unaudited fiscal Q1 2025 results on June 3. The analyst stated that the company underwent a 19% year-over-year increase in vehicle revenue driven by… Continue reading DBS Maintains Hold Rating on NIO Inc. (NIO) Stock
Non-Emergency Medical Transportation Market Share worth $19.9 billion, Globally, by 2034 – Exclusive Report by The Research Insights
CHICAGO, May 29, 2025 /PRNewswire/ — The global Non-Emergency Medical Transportation Market share is projected to be valued at USD 10.8 billion in 2025 and reach USD 19.9 billion by 2034, growing at a CAGR of 7.6% according to a new report by The Research Insights. The Non-Emergency Medical Transportation (NEMT) market growth is seeing rapid expansion because of an aging… Continue reading Non-Emergency Medical Transportation Market Share worth $19.9 billion, Globally, by 2034 – Exclusive Report by The Research Insights
Non-Emergency Medical Transportation Market Share worth $19.9 billion, Globally, by 2034 – Exclusive Report by The Research Insights
CHICAGO, May 29, 2025 /PRNewswire/ — The global Non-Emergency Medical Transportation Market share is projected to be valued at USD 10.8 billion in 2025 and reach USD 19.9 billion by 2034, growing at a CAGR of 7.6% according to a new report by The Research Insights. The Non-Emergency Medical Transportation (NEMT) market growth is seeing rapid expansion because of an aging… Continue reading Non-Emergency Medical Transportation Market Share worth $19.9 billion, Globally, by 2034 – Exclusive Report by The Research Insights
Nexar Names Jayesh Patel as Chief Financial Officer to Support Rapid Growth and Scale
Appointment Follows Major Strategic Milestones Including New CEO, Key Partnerships with Waymo, Lyft, NVIDIA, and Voyager Global Mobility (VGM) NEW YORK, May 20, 2025 /PRNewswire/ — Nexar, a leader in AI-powered mobility solutions, today announced the appointment of Jayesh Patel as Chief Financial Officer. Patel will now oversee all aspects of finance, accounting, strategic planning,… Continue reading Nexar Names Jayesh Patel as Chief Financial Officer to Support Rapid Growth and Scale
Nexar Names Jayesh Patel as Chief Financial Officer to Support Rapid Growth and Scale
Appointment Follows Major Strategic Milestones Including New CEO, Key Partnerships with Waymo, Lyft, NVIDIA, and Vehicle Global Management (VGM) NEW YORK, May 20, 2025 /PRNewswire/ — Nexar, a leader in AI-powered mobility solutions, today announced the appointment of Jayesh Patel as Chief Financial Officer. Patel will now oversee all aspects of finance, accounting, strategic planning,… Continue reading Nexar Names Jayesh Patel as Chief Financial Officer to Support Rapid Growth and Scale
Tesla pulls all the demand levers with discounts and incentives as sales crash
Tesla is now pulling on all the demand levers in the US with new discounts and incentives as sales are crashing due to brand damage. Over the last few days, Tesla has introduced a series of new discounts and incentives in the US. Previously, Tesla had a program to offer a $1,000 discount for US… Continue reading Tesla pulls all the demand levers with discounts and incentives as sales crash
Lyft: Lyft Announces Fourth Quarter and Fiscal Year Results
Fourth quarter revenue of $570 million grew 14% quarter-over-quarterExceeded annualized fixed cost reduction target in Q4Positioned for strong organic growth and margin expansion as the recovery takes hold SAN FRANCISCO, Feb. 09, 2021 (GLOBE NEWSWIRE) — Lyft, Inc. (Nasdaq:LYFT) today announced financial results for its fourth quarter and fiscal year ended December 31, 2020. “Despite… Continue reading Lyft: Lyft Announces Fourth Quarter and Fiscal Year Results