March 28, 2018 Middle East ride-hailing app Careem is in early talks to raise as much as $500 million in new funds from investors, sources told Reuters. Careem, Uber’s rival in the region, is checking the appetite of potential investors and hopes to secure its targeted $500 million in a new funding series, three sources… Continue reading Uber Middle-East rival Careem in early talks to raise $500m in fresh funding
Tag: Uber
Jaguar I-Pace: Waymo drives 20,000 electriccats autonomously
Waymos Jaguar I-Pace (Picture: Jaguar) Waymo, a subsidiary of the Google parent company Alphabet, wants to carry out its autonomous driving services in future with electric cars and has selected the Jaguar I-Pace. Up to 20,000 pieces are to be used for the driving service. Waymo and Jaguar have introduced new, autonomous and all-electric vehicles.… Continue reading Jaguar I-Pace: Waymo drives 20,000 electriccats autonomously
Uber gives up autonomous vehicle testing rights in Calif
DETROIT:Uber has decided to stop testing autonomous vehicles on California public roads by letting its state permit expire on Saturday without renewing it. If the ride-hailing service wants to return to the state, it will have to get a new permit and address any investigations into a crash involving one of its autonomous test SUVs… Continue reading Uber gives up autonomous vehicle testing rights in Calif
Uber won’t renew its permit to test self-driving cars in California
Uber will not renew its permit to test autonomous vehicles on public roads in California — further evidence that the company is pulling back from its aggressive plans to launch a self-driving service in the wake of a fatal crash in Arizona which resulted in the death of a pedestrian. In a letter, the California… Continue reading Uber won’t renew its permit to test self-driving cars in California
Lyft co-founder: Fatal Uber crash should have been prevented
WASHINGTON, March 27 (Reuters) – The co-founder of ride hailing company Lyft Inc said on Tuesday a fatal collision in which an Uber Technologies Inc self-driving vehicle struck a pedestrian could have been prevented. “I don’t know all the specifics. I did see the video. It did look like both the tech and the driver… Continue reading Lyft co-founder: Fatal Uber crash should have been prevented
UPDATE 3-Waymo steps toward a more diverse robo-taxi fleet with Jaguar deal
NEW YORK (Reuters) – Waymo will include up to 20,000 Jaguar I-PACE electric vehicles in its upcoming autonomous fleet as part of a long-term partnership between Alphabet Inc’s self-driving unit and Jaguar Land Rover Automotive Plc, the two companies said on Tuesday. A Jaguar I-PACE self-driving car is pictured during its unveiling by Waymo in… Continue reading UPDATE 3-Waymo steps toward a more diverse robo-taxi fleet with Jaguar deal
UPDATE 2-Waymo to use Jaguar I-PACE electric vehicles in robotaxi program
NEW YORK (Reuters) – Waymo will include up to 20,000 Jaguar I-PACE electric vehicles in its upcoming autonomous fleet as part of a long-term partnership between Alphabet Inc’s self-driving unit and Jaguar Land Rover Automotive Plc , the two companies said on Tuesday. A Jaguar I-PACE self-driving car is pictured during its unveiling by Waymo… Continue reading UPDATE 2-Waymo to use Jaguar I-PACE electric vehicles in robotaxi program
Tesla fatal car crash prompts NTSB investigation
The United States National Transportation Safety Board is conducting an investigation into a fatal car crash involving a Tesla Model X car. On March 23, a Tesla car crashed into a freeway divider, killing the driver, causing a fire and shutting down two lanes of Highway 101 near Mountain View, Calif. It’s not clear if… Continue reading Tesla fatal car crash prompts NTSB investigation
Uber Shouldn’t Even Bother With Self-Driving Cars
Last week, Uber Technologies Inc. suspended its self-driving car program after a test vehicle killed a pedestrian in Arizona. There’s an investigation into the accident. But even without the safety risks and ethical conundrums posed by autonomous cars, there are sound business reasons why Uber should fully abandon plans to develop or buy its own fleets… Continue reading Uber Shouldn’t Even Bother With Self-Driving Cars
Op-Ed Contributor: New Leadership Has Not Changed Uber
Recently I asked a colleague why he used Uber. He said that the bus would cost $2.25, and Uber would cost about $5. So I asked him, “What if the price for Uber was $10?” He said he would take the bus. So because he was only paying half the cost of the ride, he… Continue reading Op-Ed Contributor: New Leadership Has Not Changed Uber