Catalonia authorities will impose fines on drivers who do not follow the new rules. Photo via Núcleo Editorial/Flickr. Following another round of strikes by taxi drivers across major cities in Spain, the regional government of Catalonia has agreed to new rules to regulate ride-hailing apps operating in the region, Tech Crunch reports. As part of the… Continue reading Barcelona Authorities Agree on Ride-Hailing Regulations
Tag: Uber
Argo AI acquires permit to test autonomous vehicles in California
Argo AI, the self-driving car startup that burst onto the scene in 2017 with $1 billion in backing from Ford, has obtained a permit to test its autonomous vehicles in California. The permit, issued by the California Department of Motor Vehicles, is for one vehicle and two drivers. Unlike other self-driving car companies, California isn’t… Continue reading Argo AI acquires permit to test autonomous vehicles in California
Rules to rein in ride-hailing apps coming to Barcelona
Catalonia’s regional government in Spain has agreed new rules to regulate the vehicle for hire (VTCs) sector that will require ride-hailing companies such as Uber and Cabify to substantially change how they operate in Barcelona and other local cities as soon as this week. The changes have been agreed by decree, ahead of a planned… Continue reading Rules to rein in ride-hailing apps coming to Barcelona
Whitecap Venture Partners Holds First Close of Fourth Fund, at CDN$110M
Whitecap Venture Partners, a Toronto, Canada-based venture capital firm, secured commitments of CDN $110M in the first close of Whitecap IV, its new fund. LPs include returning investors Kensington Capital Partners and Bank of Montreal, as well as Inuvialuit Investment Corporation and other new institutional investors and high-net-worth family offices. The fund, which has a… Continue reading Whitecap Venture Partners Holds First Close of Fourth Fund, at CDN$110M
Southeast Asia’s Grab is adding Netflix-like video streaming to its ride-hailing app
Grab is Southeast Asia’s top ride-hailing firm thanks to its acquisition of Uber’s local business last year. Its biggest competitor gone, the company is on a push to go beyond transport and become an everyday ‘super app’ and that strategy just embraced video streaming today. That’s because Grab is integrating video-on-demand service HOOQ — a… Continue reading Southeast Asia’s Grab is adding Netflix-like video streaming to its ride-hailing app
Los Angeles is using ride-hailing startup Via to shuttle people to public transit
Los Angeles is partnering with on-demand shuttle-based service Via as part of a pilot program that will give people rides to three busy public transit stations. The pilot program, which launched Monday, aims to solve the first- and last-mile problem that makes it challenging for people to get to and from public transit stations. Under… Continue reading Los Angeles is using ride-hailing startup Via to shuttle people to public transit
Volvo’s self-driving car venture gets nod to test on Swedish roads
STOCKHOLM (Reuters) – A Volvo Cars joint venture has won approval to begin hands-free testing of its software for self-driving cars on Swedish highways, partner Veoneer said on Monday. FILE PHOTO: A self-driving Volvo electric truck with no cab called Vera is seen during a presentation in Berlin, Germany, September 12, 2018. REUTERS/Emma Thomasson/File Photo… Continue reading Volvo’s self-driving car venture gets nod to test on Swedish roads
India Digest: Ola cuts Foodpanda budget; IDFC’s road assets sale; SMILE Microfin owners eye exit
January 28, 2019 Ola has slashed its budget for Foodpanda, while Canadian pension funds and NIIF are in talks to acquire seven road assets of IDFC. Also, Developing World Markets is again looking to sell its 67 per cent in SMILE microfinance. Ola slashes Foodpanda budget Indian ride-hailing major Ola has reportedly more than halved its… Continue reading India Digest: Ola cuts Foodpanda budget; IDFC’s road assets sale; SMILE Microfin owners eye exit
China’s Didi, BAIC set up joint venture to work on NEV projects
BEIJING (Reuters) – China’s Didi Chuxing said it had set up a joint venture (JV) with Beijing Electric Vehicle Co., a unit of state-owned BAIC, to work on new energy vehicle and artificial intelligence projects. The JV, BAIC-Xiaoju New Energy Auto Technology Co. Ltd, aims to develop “next-generation connected-car systems”, Didi, China’s largest ride-hailing operator,… Continue reading China’s Didi, BAIC set up joint venture to work on NEV projects
BMW, Porsche, Jaguar Land Rover invest in roadside assistance startup Urgently
Urgently, the roadside assistance startup that connects car owners who need help with tow truck and other services, has raised $21 million in a Series B round that includes the venture arms of BMW, Porsche and Jaguar Land Rover. BMW has also signed Urgently as a vendor partner for its own roadside assistance platform (known… Continue reading BMW, Porsche, Jaguar Land Rover invest in roadside assistance startup Urgently