In a late Friday night blow to Uber, Lyft and other gig worker-centered companies, a superior court judge ruled that California’s Proposition 22, which was passed in 2020 and designed to overrule the state’s controversial AB-5 law on the employment status of gig workers, violates the state’s constitution. Frank Roesch, a superior court judge in… Continue reading California’s gig worker Prop 22 ruled unconstitutional by superior court
Tag: Lyft
Bird shows improving scooter economics, long march to profitability
Newly reported financial data from Bird, an American scooter sharing service, shows a company with an improving economic model, and a multi-year path to profitability. However, that path is fraught unless a number of scenarios all work out, in concert and without a glitch. Bird, well-known for its early battles with domestic rival Lime, is… Continue reading Bird shows improving scooter economics, long march to profitability
Global and China L4 Autonomous Driving Report 2021: L4 Autonomous Driving for Commercial Vehicles Enters the Phase of Cross-Scenario Mass Production and Application
DUBLIN, Aug. 20, 2021 /PRNewswire/ — The “Global and China L4 Autonomous Driving and Start-ups Report, 2021″ report has been added to ResearchAndMarkets.com’s offering. In April 2021, Waymo’s CEO and CFO left the company. In addition, the Chief Safety Officer, head of manufacturing and global supply and general manager of Laser Bear LiDAR business, head… Continue reading Global and China L4 Autonomous Driving Report 2021: L4 Autonomous Driving for Commercial Vehicles Enters the Phase of Cross-Scenario Mass Production and Application
@Toyota: Woven Planet Holdings, a Subsidiary of Toyota Motor Corporation, Closes Acquisition of CARMERA
Woven Planet Holdings, Inc. (“Woven Planet”), a subsidiary of Toyota Motor Corporation, announced the closing of the acquisition of CARMERA, a U.S.-based spatial AI company that specializes in developing scalable, next-generation mapping solutions for automated mobility, a proposed transaction previously announced in July 2021. Following its acquisition of Level 5, the automated driving division of… Continue reading @Toyota: Woven Planet Holdings, a Subsidiary of Toyota Motor Corporation, Closes Acquisition of CARMERA
Brazil’s Kovi closes $104M Series B to make car ownership ‘more inclusive’ in LatAm
We sometimes take for granted that most anyone who wishes to become say, an Uber driver, can do so. But that assumption is a narrow view considering there are many people who would love to earn income in that way but can’t because of lack of car ownership (and all that goes with it) —… Continue reading Brazil’s Kovi closes $104M Series B to make car ownership ‘more inclusive’ in LatAm
Nexar partners with the Black Car Fund to protect New York rideshare drivers with thousands of cameras in cars
NEW YORK, Aug. 12, 2021 /PRNewswire/ — Nexar, a leading AI computer vision company, announced a partnership with the Black Car Fund (BCF), New York State’s workers’ compensation provider for independent contractor black car operators, including rideshare drivers. The partnership will place cameras in thousands of cars to protect their members in the case of an… Continue reading Nexar partners with the Black Car Fund to protect New York rideshare drivers with thousands of cameras in cars
Motional Expands West Coast Presence
This next move comes as Motional accelerates towards mass commercialization, which includes a landmark agreement with Lyft to launch a multimarket fully driverless service starting in 2023, and further establishes Motional as one of the world’s key AV players. We’ve had a presence in Los Angeles for more than five years, and are now increasing… Continue reading Motional Expands West Coast Presence
The Station: An ADAS business bidding war, the gig worker fight heats up and Biden’s executive order
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello readers: Welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. Before… Continue reading The Station: An ADAS business bidding war, the gig worker fight heats up and Biden’s executive order
Uber and Lyft say drivers are earning more than $35 an hour in some cities as the companies scramble to recruit them back
Uber and Lyft are recovering from the COVID-19 pandemic as they push to regrow their fleet of US drivers. Incentives and benefits programs, along with increased COVID safety measures, are fueling drivers’ return to the app. The companies are citing higher hourly wages for their drivers, though they have oversold earnings to their drivers in… Continue reading Uber and Lyft say drivers are earning more than $35 an hour in some cities as the companies scramble to recruit them back
Lyft’s $20 per month membership program gets new bike-share benefits and an annual plan
Lyft is boosting its $19.99-per-month Lyft Pink membership program with new bike-share benefits and an annual option that’s cheaper than paying for the service month to month, the company announced Thursday. Lyft Pink’s primary benefit is a 15 percent discount on car rides, but previously, it also offered three free 30-minute bike or scooter rides… Continue reading Lyft’s $20 per month membership program gets new bike-share benefits and an annual plan