Ride-Hailing Apps Make Traffic Worse — And Now They’re Admitting It

Traffic Updates Ride-hailing apps like Uber and Lyft are directly responsible for making traffic in cities worse. That’s not new: studies have arrived at the same conclusions again and again. What’s different this time around, though, is that Uber and Lyft actually funded the study that came back to point the finger at them, according… Continue reading Ride-Hailing Apps Make Traffic Worse — And Now They’re Admitting It

Self-driving truck startup Kodiak Robotics begins deliveries in Texas

A year after coming out of stealth mode with $40 million, self-driving truck startup Kodiak Robotics will begin making its first commercial deliveries in Texas. Kodiak will open a new facility in North Texas to support its freight operations along with increased testing in the state. There are some caveats to the milestone. Kodiak’s self-driving… Continue reading Self-driving truck startup Kodiak Robotics begins deliveries in Texas

Uber and Lyft finally admit they’re making traffic congestion worse in cities

Uber and Lyft have long argued that ride-hailing apps have the potential to make cities better by easing traffic and reducing personal car ownership. And every time a study emerges that counters that narrative by exposing ride-hailing’s worsening effects on congestion, the two companies respond by casting doubt on the studies’ findings. Well, this time… Continue reading Uber and Lyft finally admit they’re making traffic congestion worse in cities

Didi Chuxing Spins Off its Autonomous Driving Unit as an Independent Company – FutureCar

author: Eric Walz    Didi Chuxing, the world’s largest transportation provider, announced that it has spun off its autonomous driving unit into an independent company. Didi said new unit will continue to focus on research and development, product application, and business development related to autonomous driving technologies.  DiDi’s CTO, Zhang Bo, will lead the new autonomous… Continue reading Didi Chuxing Spins Off its Autonomous Driving Unit as an Independent Company – FutureCar

SoftBank-backed Fair taps three executives to lead vehicle subscription app expansion

Fair, the vehicle subscription startup backed by SoftBank, is loading its executive team with veterans in the tech, venture and automotive industries as it seeks to build out its Uber leasing program and expand beyond North America. Fair.com today announced three key hires to lead the development of its car subscription app, financing department and… Continue reading SoftBank-backed Fair taps three executives to lead vehicle subscription app expansion

Didi Chuxing’s autonomous driving unit is now an independent company

Didi Chuxing’s autonomous driving unit is now an independent company, the Chinese ride-sharing and transportation giant said today. Didi’s autonomous driving team was created in 2016 and now has more than 200 employees in China and the United States. Didi’s announcement comes about a month after The Information reported that Didi was in talks with… Continue reading Didi Chuxing’s autonomous driving unit is now an independent company

Honda first-quarter operating profit drops 16% on lower U.S. car sales

A man is reflected on a window at Honda Motor’s showroom in Tokyo, Japan, May 13, 2016. REUTERS/Toru Hanai/File Photo TOKYO (Reuters) – Japan’s Honda Motor Co (7267.T) reported a 16% drop in first-quarter operating profit on Friday, as a stronger yen weighed on overseas earnings and U.S. vehicle sales dropped. Japan’s No.3 automaker posted… Continue reading Honda first-quarter operating profit drops 16% on lower U.S. car sales

Australia’s Splend Relocates Headquarters to London

The new headquaters features a 2,300-square-meter driver hub where drivers can pick up their vehicles and undergo training. Photo via City and Color/Flickr.  Car rental startup Splend has moved its headquarters to London, as the Uber-affiliated company looks to expand its base, City A.M. reports. Splend primarily rents vehicles to Uber drivers, in addition to supplying other… Continue reading Australia’s Splend Relocates Headquarters to London

An autonomous robot EV charger is coming to San Francisco

Electrify America will pilot the tech designed for fleets Kirsten Korosec 7 hours Electric-vehicle chargers today are designed for human drivers. Electrify America and San Francisco-based startup Stable are preparing for the day when humans are no longer behind the wheel. Electrify America, the entity set up by Volkswagen as part of its settlement with… Continue reading An autonomous robot EV charger is coming to San Francisco

Read the full email Uber CEO wrote to employees about why the company was laying off 400 workers – Business Insider

Uber on Monday fired 400 marketing employees from its marketing, shrinking the department to about two-third its previous size. In an email to all staff, CEO Dara Khosrowshahi said the move was not to de-emphasize marketing at the ride-hailing’s marketing efforts, but rather to streamline them after ten years of growth. Read more: Uber employees… Continue reading Read the full email Uber CEO wrote to employees about why the company was laying off 400 workers – Business Insider