On Tesla’s Q1 2018 earnings call today, Tesla CEO Elon Musk shed some light on the company’s ambitions to launch an autonomous vehicle ridesharing network. The short answer is that, from a technical standpoint, Tesla will be ready by the end of next year, Musk said. It’s not yet clear, however, when Tesla would actually… Continue reading Elon Musk offers more detail about Tesla’s ridesharing network
Tag: Uber
Tesla Ramps Up Model 3 Production and Predicts Profitability
After a tumultuous year in stormy seas, Tesla is making progress toward a safe harbor. In a report to investors today, the automaker revealed that it built more than 2,000 Model 3 sedans for three consecutive weeks in April, an encouraging number for a company that has lagged badly on its production targets for this… Continue reading Tesla Ramps Up Model 3 Production and Predicts Profitability
Rents impacted by new transit options, new study details
Few things can guarantee a premium price for new housing like transit access. Demand so far outstrips supply in the United States, that the relative handful of walkable, transit-rich neighborhoods often become the most expensive places to live in their respective cities. A study by the National Association of Realtors and the American Public Transit… Continue reading Rents impacted by new transit options, new study details
Mobility around the world — Acquisitions, Investments and IPOs
Mobility around the world — Acquisitions, Investments and IPOs Before we publish here, we publish on our website. Check out the most important mobility news globally on a weekly basis. This is what happened last week: BlaBlaCar buys “Less” for undisclosed amount French startup BalBlaCar acquires another French carpooling platform for an undisclosed amount. The younger company “Less” focuses… Continue reading Mobility around the world — Acquisitions, Investments and IPOs
Volkswagen in JV talks with China’s Didi to manage fleet, co-develop cars
April 30, 2018 Volkswagen AG, the world’s biggest automaker, is in talks to form a joint venture with China’s Didi Chuxing to manage part of the ride-hailing company’s fleet of cars and help develop “purpose-built” vehicles for Didi‘s services. As part of the deal between Volkswagen and China’s biggest ride-hailing service, expected to be signed… Continue reading Volkswagen in JV talks with China’s Didi to manage fleet, co-develop cars
BMW Teams up With Innoviz to Bring Solid State LiDAR to Its Future Self-Driving Cars
The Germans may be getting ready to outfit their upcoming fleet of autonomous cars with new sensors. via Innoviz BMW has been one of the more quiet manufacturers dabbling in autonomy this past year. Despite it looking to deliver a fully self-driving car as early as 2021, the German automaker has been very tightlipped on… Continue reading BMW Teams up With Innoviz to Bring Solid State LiDAR to Its Future Self-Driving Cars
France’s BlaBlaCar acquires carpool startup Less in ongoing ridesharing consolidation
The ongoing trend of consolidation in the world of ridesharing continues apace, with the latest development coming out of Europe. BlaBlaCar, the French carpooling platform, is acquiring Less, a young carpooling platform based in Paris and focusing only on urban rides, paying drivers on a per-kilometer rate to incentivize them. The financial terms are not… Continue reading France’s BlaBlaCar acquires carpool startup Less in ongoing ridesharing consolidation
Jeep powers Fiat Chrysler quarterly profit jump of 60% to $1.2 billion
Buy Photo Fiat Chrysler Automobiles headquarters, located in Auburn Hills. (Photo: Eric Seals, Detroit Free Press)Buy Photo Fiat Chrysler Automobiles said Thursday it earned a profit of $1.2 billion (1 billion euro) during the first quarter, a nearly 60% gain over the same period a year ago, driven in part by a jump in worldwide Jeep… Continue reading Jeep powers Fiat Chrysler quarterly profit jump of 60% to $1.2 billion
Uber Vows “Indefinite” Investments In Middle East And Hints At Possible Move For Rival Careem
Ride-hailing firm Uber has promised to invest on “an indefinite basis” in the Middle East and North Africa, following its recent exits from a number of Asian territories. Speaking in an interview with the CNBC television channel, broadcast on April 26, the firm’s chief operating officer Barney Harford said the company planned to “double down… Continue reading Uber Vows “Indefinite” Investments In Middle East And Hints At Possible Move For Rival Careem
Study estimates traveling with Uber and Lyft will be cheaper than owning a car in some cities by 2027
Autonomous Uber test vehicles at the Advanced Robotics Group in Pittsburgh. (GeekWire Photo / Taylor Soper) The cost of owning a car could be less than traveling exclusively with rideshare services in Seattle and Denver by 2027, according to a new study by QuoteWizard. Two commuters — one in Seattle and one in Denver —… Continue reading Study estimates traveling with Uber and Lyft will be cheaper than owning a car in some cities by 2027