The Smart car goes electric before it plans its autonomous future

Look at some of the autonomous vehicle concepts, predicting a future of us being able to treat a car as a lounge or work area when we don’t want to actually drive, and you’ll notice one thing: space. By that, I mean the space they take up on the road. Everyone seems to be designing… Continue reading The Smart car goes electric before it plans its autonomous future

Waymo Gets the O.K. for a Commercial Driverless Ride-Hailing Service

The first U.S. commercial ride-hailing service without human drivers has been approved. Waymo, a unit of Alphabet Inc., got a permit in late January from the Arizona Department of Transportation to operate as a Transportation Network Company, according to Ryan Harding, a spokesman at the state agency. The designation lets Waymo’s fleet of driverless Chrysler… Continue reading Waymo Gets the O.K. for a Commercial Driverless Ride-Hailing Service

Waymo gets OK for driverless ride-hailing service

Waymo plans to start commercial, driverless service in Phoenix this year. (Photo: Waymo) The first U.S. commercial ride-hailing service without human drivers has been approved. Waymo, a unit of Alphabet Inc., got a permit in late January from the Arizona Department of Transportation to operate as a Transportation Network Company, according to Ryan Harding, a… Continue reading Waymo gets OK for driverless ride-hailing service

Uber is reportedly preparing to sell its Southeast Asian business to Grab

Uber is preparing to sell its Southeast Asian business to Grab in exchange for a stake in the Singaporean ride-sharing company that has a big presence in that region, according to a new report from CNBC. This wouldn’t be an unfamiliar story for Uber, which was handily beaten by Didi in China before eventually caving… Continue reading Uber is reportedly preparing to sell its Southeast Asian business to Grab

Toyota Design Chief Says the Future of Cars Is Custom Speedsters and Rolling Boxes

The man with the final word on design at one of the world’s biggest automakers sees a future dominated by self-driving boxes-on-wheels and souped-up sports cars. For Simon Humphries, who as of this year oversees design globally across Toyota Motor’s namesake and luxury Lexus brands, mobility will follow two divergent paths. One is the e-Palette,… Continue reading Toyota Design Chief Says the Future of Cars Is Custom Speedsters and Rolling Boxes

Self-Driving Cars Need Standardized Software to Avoid Crashes

Fans of self-driving cars will have breathed a sigh of relief at the news that Uber and Google’s Waymo, two giants in the industry, have settled their intellectual-property lawsuit. This removes a huge distraction for companies, and freeing them up to focus on their own research. So that’s good. Driverless cars will be an incredible… Continue reading Self-Driving Cars Need Standardized Software to Avoid Crashes

Uber’s losses narrowed in Q4, but there’s still work to do

This story was delivered to BI Intelligence Transportation and Logistics Briefing subscribers hours before it appeared on Business Insider. To be the first to know, please click here. US ride-hailing giant Uber revealed its Q4 and full-year 2017 financials earlier this week. Below are some of the highlights: The company’s losses narrowed nearly 25% from $1.46 billion in… Continue reading Uber’s losses narrowed in Q4, but there’s still work to do

Limebike Raises $70M B+ Round As Bike Sharing Competition Intensifies

US-based bike sharing company LimeBike has raised a US$70 million B+ round, the company announced today. The funds will suppport the company’s expansion beyond its core bike rental business, to include electric bikes and scooters, differentiating it from Chinese bike sharing giants such as Mobike and ofo. California-based Fifth Wall Ventures led the funding round, which brings… Continue reading Limebike Raises $70M B+ Round As Bike Sharing Competition Intensifies

Mahindra to Invest in Zoomcar

Mahindra to Invest in Zoomcar Investment in keeping with Mahindra’s thrust on Shared Mobility Business To invest up to Rs 176 crore February 15, 2018 Mumbai: Mahindra & Mahindra Ltd., part of the USD 19 billion Mahindra Group, today announced that it would be investing in Zoomcar India Private Limited and in Zoomcar Inc., its… Continue reading Mahindra to Invest in Zoomcar

Denso strengthens connectivity business, takes stake in Creationline

Denso Corporation has taken an equity stake in Japanese company Creationline, which excels at deploying and integrating cloud and other technologies that enable next-generation software development, including open source software. The auto industry is undergoing a once-in-a-century paradigm shift. Competition continues to intensify as new players from other industries enter the market and as speed… Continue reading Denso strengthens connectivity business, takes stake in Creationline