Mercedes Benz owner Daimler and car supplier Bosch plan to launch a small fleet of driverless taxis in California in the second half of 2019. The move comes as the two firms race to catch up with competitors in the driverless technology industry. Daimler and Bosch have been working together on driverless technology since April… Continue reading Daimler races to keep up on driverless cars
Tag: Uber
Daimler, Bosch to deploy self-driving taxis in California test program
SAN FRANCISCO (Reuters) – German automaker Daimler AG and auto supplier Bosch Corp [ROBSCJ.UL] will deploy self-driving taxis in California’s Silicon Valley region next year as part of a test program of vehicles designed for city driving, the two companies said on Tuesday. FILE PHOTO: The Mercedes-Benz F015 Luxury in Motion autonomous concept car is… Continue reading Daimler, Bosch to deploy self-driving taxis in California test program
SpotHero introduces 500 autonomous car-ready garages in Chicago
Conventional cars drive the bulk of Chicago-based SpotHero‘s business, but the parking inventory and booking startup is setting its sights on a driverless future. Today, it announced that more than 500 of its connected parking garages in Chicago have been adapted to accommodate autonomous cars, trucks, and SUVs. “Significant strides in both vehicle and parking technologies… Continue reading SpotHero introduces 500 autonomous car-ready garages in Chicago
E-scooter start-up Lime raises £232m from Uber and Alphabet
Uber and Alphabet are investing in start-up Lime as competition in the bike and scooter hiring industry hots up. Lime raised $335m (£232m) in a round of funding led by GV, formerly Google Ventures. Other new investors include Google’s parent Alphabet, IVP, Atomico and Fidelity, the company said in a blog post. “In addition, Uber is… Continue reading E-scooter start-up Lime raises £232m from Uber and Alphabet
After Uber buyout, Grab aims to go beyond rides to become Southeast Asia’s one-stop app
Grab is shrugging off the threat that Singapore might undo its acquisition of Uber’s Southeast Asia business after the ride-hailing firm announced a new strategy to become Southeast Asia’s one-stop “super app.” The Competition and Consumer Commission Singapore (CCCS) last week said it may levy a fine or unwind the Uber-Grab deal but today Singapore-based Grab announced a… Continue reading After Uber buyout, Grab aims to go beyond rides to become Southeast Asia’s one-stop app
Apps like Uber and Lyft could improve public transportation instead of undercutting it
The number of innovative transit partnerships is growing rapidly, but the jury is still out on what types of partnerships can yield win-wins for communities, companies and transit agencies. An overarching goal should be to increase mobility – that is, passenger miles traveled – while reducing vehicle miles traveled. This will only happen if ride-hailing… Continue reading Apps like Uber and Lyft could improve public transportation
instead of undercutting it
Uber and Lyft may be vying to acquire bus startup
This story was delivered to Business Insider Intelligence Transportation & Logistics Briefing subscribers hours before it appeared on Business Insider. To be the first to know, please click here. Uber and Lyft are reportedly interested in acquiring Skedaddle, the crowdsourced bus startup, according to TechCrunch. Skedaddle, which was founded in 2015, enables individuals to charter… Continue reading Uber and Lyft may be vying to acquire bus startup
Spain’s Cabify ‘categorically denies’ that it is in negotiations for a full or partial sale to Lyft
Transportation-on-demand service Lyft, now valued at over $15 billion after raising another $600 million in June, is on the hunt to scale its business. One move it might not be making soon, however, is to expand operations into Spain and Latin America by way of an acquisition of one of the leading players in the… Continue reading Spain’s Cabify ‘categorically denies’ that it is in negotiations for a full or partial sale to Lyft
Singapore regulator challenges Uber-Grab merger
Singapore regulator challenges Uber-Grab merger Financial Times Uber and Grab clash with Singapore watchdog as it threatens fines and a break-up of their merger CNBC Uber’s Big Plan to Sell Its Southeast Asia Division May Have Just Fallen Apart Fortune Singapore proposes fines on Grab, Uber, says merger harms competition Reuters Grab-Uber merger has reduced competition and increased prices,… Continue reading Singapore regulator challenges Uber-Grab merger