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
Tag: Uber
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
Uber not interested in any more Grab-style deals, signaling its international retreat could be over
Uber will no longer take minority stakes in rival ride-hailing companies globally, a top executive at the company told CNBC on Wednesday, potentially signaling an end to its retreat from markets outside of the U.S. The company recently sold its Southeast Asia business to Singapore-based rival Grab in exchange for a27.5 percent stakein the firm.… Continue reading Uber not interested in any more Grab-style deals, signaling its international retreat could be over
India’s Jugnoo adopts a unique take on ride-hailing to help fill Singapore’s Uber void
Another contender is throwing its hat into the ring to replace Uber in Southeast Asia after India’s Jugnoo, a startup that specializes in offering autorickshaws on-demand in India, revealed it plans to enter Singapore. Uber announced its exit from Southeast Asia last month in a deal that sees Grab buy its regional business, and since… Continue reading India’s Jugnoo adopts a unique take on ride-hailing to help fill Singapore’s Uber void
Auto companies can’t go at it alone in making self-driving cars safer: Jaguar Land Rover CEO
Even with recent accidents involving self-driving vehicles, they would still be a safer way for people to move around in the future, said Jaguar Land Rover’s Chief Executive, Ralf Speth. But auto companies cannot be solely responsible for bringing that vision into fruition, he said. “We need to make sure that we get the right… Continue reading Auto companies can’t go at it alone in making self-driving cars safer: Jaguar Land Rover CEO
Grab’s acquisition of Uber Southeast Asia drives into problems
The long-rumored Grab acquisition of Uber’s Southeast Asia business may be official now, but it’s far from complete. In fact, what should be a celebratory coming-of-age moment for the Southeast Asian local champion is threatening to become nightmarish thanks to persistent regulators, panicky Uber staff and reluctant drivers who are supposed to switch to Grab… Continue reading Grab’s acquisition of Uber Southeast Asia drives into problems
Didi Chuxing Cited For Operating Without Licenses Amid Tougher Competition
China’s largest ride-hailing firm Didi Chuxing was summoned by the Road Transport Management Bureau of Zhejiang Province and 11 city level transportation bureaus for operating without licenses in some cities, and was warned of unfair competition, according to a notice on China’s Ministry of Transport’s website. Didi hasn’t obtained ride-hailing licenses in five cities in… Continue reading Didi Chuxing Cited For Operating Without Licenses Amid Tougher Competition