Daimler and BMW plan Uber clone in Frankfurt

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FOCUS-Waymo tests Wi-Fi in driverless taxis hoping perks can route it past rivals

SAN FRANCISCO (Reuters) – Waymo is rolling out amenities to entice riders to use its self-driving taxis, creating a potential route to profitability in a money-losing industry. A Jaguar I-PACE self-driving car is pictured during its unveiling by Waymo in the Manhattan borough of New York City, U.S., March 27, 2018. REUTERS/Brendan McDermid The Alphabet… Continue reading FOCUS-Waymo tests Wi-Fi in driverless taxis hoping perks can route it past rivals

Comment: After BMW’s departure, tough decisions are now being made at BMW

BMW Group headquarters The automobile company has lost its lead in electromobility in recent years and at the same time a revenue problem. (Photo: DAPD) Profit warning, power struggles and an increasingly unsettled workforce: The news from the BMWHeadquarters have not been good in recent months. The pressure on CEO Harald Kruger was great. Now… Continue reading Comment: After BMW’s departure, tough decisions are now being made at BMW

Exclusive: U.S. clears SoftBank’s $2.25 billion investment in GM-backed Cruise

(Reuters) – Cruise, a U.S. self-driving vehicle company majority-owned by General Motors Co, told Reuters on Friday that a U.S. national security panel approved a $2.25 billion investment in the firm by Japan’s SoftBank Corp. FILE PHOTO: People walk near the logo of SoftBank Corp in Tokyo, Dec. 18, 2014. REUTERS/Toru Hanai/File Photo SoftBank has… Continue reading Exclusive: U.S. clears SoftBank’s $2.25 billion investment in GM-backed Cruise

Waresix hauls in $14.5M to advance its push to digitize logistics in Indonesia

Waresix, one of a handful of startups aiming to modernize logistics in Indonesia — the world’s fourth most populous country — has pulled in $14.5 million to grow its 18-month-old business. This new investment, Waresix’s Series A, is led by EV Growth — the growth-stage fund co-run by East Ventures — with participation from SMDV… Continue reading Waresix hauls in $14.5M to advance its push to digitize logistics in Indonesia

Ola gets a taxi license in London and plans to launch services in September

London is one of the world’s biggest markets for consumers that travel using ride-hailing services. Is it now also becoming one of the most crowded when it comes to the companies offering the transportation, too? Today, India’s Ola confirmed that it is the latest of the wave of app-based ride-hailing providers to receive a license… Continue reading Ola gets a taxi license in London and plans to launch services in September

BMW and Daimler to team up in push toward self-driving cars

Andrzej Wojcicki | Science Photo Library | Getty ImagesBMW and Mercedes-manufacturer Daimler announced a new partnership on Thursday to develop autonomous driving.
Some 1,200 technicians from the two German auto giants will team up in a bid to develop self-driving technology. The engineers will work toward driver-assistance systems, automated driving on highways as well as parking. The firms say the technology will be specified to what industry insiders call SAE level 4.
“Further talks are planned to extend the cooperation to higher levels of automation in urban areas and city centers,” BMW said in a joint statement.
SAE (Society of Automotive Engineers) levels determine the automation capabilities of vehicles, ranking from zero to five.
Level 4 vehicles can intervene if things go wrong or if there is a system failure. The car can perform all functions itself, although a manual override is available to a driver.
Daimler and BMW said they are targeting 2024 as a key date for installing the technology in cars available to the general public.
The automakers said the cooperation is “non-exclusive” and partner manufacturers and technology firms will take part in the work.
They added that the results won't be kept secret and other firms can see the conclusions “under license.”
Safer than a human?On Tuesday, the two German companies joined with nine other firms to publish a white paper on driverless technology, entitled “Safety First for Automated Driving.”
The report aims to draft worldwide industry standards for tackling the risks of self-driving cars and trucks.
Authors and experts from the firms involved say they aim to present the paper's principles and findings at auto industry and technology conferences over the next few months.
BMW said the main goal of the paper is to create a situation where an autonomously-driven vehicle is proven to be safer than one involving full human control.
Other participants in the document included Audi, Baidu, Continental, Fiat Chrysler, Here Technologies, Infineon, Intel, Volkswagen and Aptiv.
Now watch: Uber unveils its autonomous carVIDEO2:3902:39Uber looks to reduce costs with autonomous vehiclesSquawk Box

Indonesian trucking startup Ritase raises $8.5m Series A led by Golden Gate

Indonesian trucking services platform Ritase has closed a Series A funding round of $8.5 million led by Golden Gate Ventures to propel its growth and expand into new markets. Other investors that participated in the round are Jafco Asia and ZWC Ventures, as well as existing backers including Insignia Ventures, Beenext and Skystar Capital, Ritase… Continue reading Indonesian trucking startup Ritase raises $8.5m Series A led by Golden Gate

China’s Didi removes 300,000 drivers amid safety overhaul

2018 was the year when Didi Chuxing, the ride-hailing company that defeated Uber in China, vowed to put safety ahead of rocket-ship growth after two deadly passenger incidents. One way it works to ramp up safety is a stricter vetting process for drivers. The mobility giant said Tuesday to a group of media that it… Continue reading China’s Didi removes 300,000 drivers amid safety overhaul

Transit and Communauto FLEX launch new partnership in Toronto

Download Transit to find, reserve, and unlock point-to-point carshare vehicles with Communauto FLEX

Toronto, ON – Transit, the leading app for getting around Toronto without your own car, and Communauto FLEX, Toronto’s point-to-point carshare service, announce a new partnership today that makes it easier than ever for Torontonians to get from a-to-b without using their own cars.

Starting today, users of Transit, available for free in the App Store and Google Play, can see the nearest Communauto FLEX vehicles available — then reserve, unlock, and complete their trips, all from within Transit’s app using their Communauto FLEX account.

Users simply tap a Communauto FLEX pin on the map showing the nearest vehicle, reserve the car with a single tap, walk to the vehicle, and tap in Transit to unlock the car. Once the trip is complete, users can end their trip by tapping a final time in Transit.

To celebrate this new addition, Transit users who sign up for Communauto FLEX for the first time receive $20 in driving credit using a special promotional code.

Connecting Torontonians with Communauto FLEX is a natural next step for Transit. The app already integrates realtime information for the TTC, GO Transit, and all major transit operators in the Greater Toronto Area. It’s also completely integrated with Bike Share Toronto. Since 2016, Transit users have purchased passes and unlocked bikes with Bike Share Toronto more than a million times. Today, 40 percent of Bike Share Toronto trips are unlocked with Transit. Transit is also integrated with Uber, allowing users to hail and pay for a ride to the nearest transit connection within the app. Transit has also recently added a feature that allows users in Ontario to purchase transit tickets within the app, starting with the St. Catharines Transit Commission.

With Communauto FLEX, Transit users now have a complete mix of transportation options in Toronto available in a single app, including public transit, bikeshare, ridehail, and carshare. By combining transportation options, Transit makes it easy for Torontonians to get around without their own car.

“We’re proud to announce Communauto FLEX as a partner in Toronto,” said Jake Sion, Chief Operating Officer of Transit. “By making it easier to access carshare in the app that hundreds of thousands of Torontonians use every week, we’re expanding the reach of pointtopoint carshare and reducing the need for people to own their own cars.”

“Communauto’s mission is to provide an affordable and practical alternative to car ownership in combination with transit, biking, walking and other alternative transportation,” said Marco Viviani, Vice President of Strategic Development at Commuanuto. “Technology has a big role in making this possible and this partnership with Transit allows us to make the multimodal experience we want to provide more and more seamless.”

Transit is available in the App Store or Google Play, or by visiting www.transitapp.com

Press kit and visuals: www.transitapp.com/press and toronto.communauto.com/media

About Transit: Transit solves the urban commute in more than 200 cities worldwide. Users can easily navigate public transit with accurate real-time
predictions, simple trip planning, and step-by-step navigation. The app also integrates other transport modes — bikesharing, carsharing, scooters and ridehail — so users can determine the best way to get from A to B. The company is based in Montréal, QC. You can learn more by visiting www.transitapp.com.

About Communauto: Founded in Quebec City in 1994, Communauto is the oldest carsharing service in North America and the one serving the largest number of communities in Canada. With a fleet of more than 2,000 vehicles, the company serves 13 cities each one with a local approach. Among these are Edmonton, Waterloo Region, Hamilton, London, Guelph, Kingston, Ottawa, Gatineau, Montréal/Laval/ Longueuil, Quebec City/Lévis, Sherbrooke, Halifax, and Paris in France. Communauto group operates gas, hybrids and electric cars and offers both roundtrip and freefloating carsharing. Learn more by visiting toronto.communauto.com.