The Station: Lyft, Uber take action in Texas, Van Moof charges up with capital, an eVTOL SPAC deal gets knocked

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: Lyft, Uber take action in Texas, Van Moof charges up with capital, an eVTOL SPAC deal gets knocked

Motional reveals its Hyundai Ioniq 5 electric robotaxi

Motional revealed Tuesday the first images of its planned robotaxi, a Hyundai all-electric Ioniq 5 SUV that will be the centerpiece of a driverless ride-hailing service the company wants customers to be able to access starting in 2023 through the Lyft app. The purpose-built vehicle, which will be assembled by Hyundai, is integrated with Motional’s… Continue reading Motional reveals its Hyundai Ioniq 5 electric robotaxi

@Hyundai: Motional and Hyundai Motor Group unveil the IONIQ 5 robotaxi: Motional’s next-generation robotaxi

The all-electric IONIQ 5-based robotaxi is Motional’s first commercial vehicle and will be used in its fully driverless public ride-hail service starting in 2023 The vehicle represents the product of unparalleled expertise and partnership between Motional and Hyundai Motor Group Boston, MA, U.S. /Seoul, Korea: August 31, 2021 — Today, Motional, a global leader in… Continue reading @Hyundai: Motional and Hyundai Motor Group unveil the IONIQ 5 robotaxi: Motional’s next-generation robotaxi

Here’s the robotaxi that will be available on the Lyft app in 2023

Motional, the autonomous vehicle company that is a joint venture between Hyundai and Aptiv, revealed more details about its forthcoming robotaxi as well as some of the first images of the vehicle. The company is also working with Lyft and says that by 2023, customers in certain cities will be able to hail rides in… Continue reading Here’s the robotaxi that will be available on the Lyft app in 2023

Change Suite · 7:18 PM UTCUber proposes industry-wide gig worker benefits model in CanadaUber Technologies Inc on Monday proposed a plan for a flexibl…

Aug 30 (Reuters) – Uber Technologies Inc (UBER.N) on Monday proposed a plan for a flexible benefits fund for app-based ride-hail and food delivery drivers in Canada under which all gig industry players would share data on workers’ hours and earnings. Under the proposal outlined in a company blog post, the fund would provide gig… Continue reading Change Suite · 7:18 PM UTCUber proposes industry-wide gig worker benefits model in CanadaUber Technologies Inc on Monday proposed a plan for a flexibl…

US Car & Truck Rental Revenues to Return to Growth as Consumer, Business Travel Rebounds

CLEVELAND, Aug. 27, 2021 /PRNewswire/ — Nominal revenues generated by the US car and truck rental industry are expected to see annual growth of 11% through 2025 from a depressed base in 2020, according to Car & Truck Rental: United States, a report recently released by Freedonia Focus Reports. Excluding the anomalous year 2020, revenues… Continue reading US Car & Truck Rental Revenues to Return to Growth as Consumer, Business Travel Rebounds

Knoetic Raises $18M in Series A Funding

Knoetic, a NYC-based platform for Chief People Officers that combines a social network and a SaaS analytics tool, raised $18M in Series A funding. The round was led by Accel with participation from New York Times bestselling author Adam Grant, as well as Karan Mehandru (STEADFAST, and formerly Trinity Ventures), Dan Bomze (Founder/CEO of MileIQ), Sterling Road (Ash Rust), Bob Tinker (angel investor… Continue reading Knoetic Raises $18M in Series A Funding

A California judge just struck down Prop 22: Now what?

Bradley Tusk Contributor More posts by this contributor When regulation presents a (rare) opportunity In London, Uber has won the battle but risks losing the war Every time you turn around, someone new is winning the war in California around organizing workers in the sharing economy. Labor struck first when California legislators passed Assembly Bill… Continue reading A California judge just struck down Prop 22: Now what?

Shared Mobility Market Size to Reach USD 145460 Million by 2027 at CAGR 6.5% – Valuates Reports

BANGALORE, India, Aug. 24, 2021 /PRNewswire/ — The Shared Mobility Market is Segmented by Type (Bikesharing, Carsharing, Ridesharing, Others), by Application (Cars, Two-Wheelers, Others). The report covers global opportunity analysis and industry forecasts from 2021 to 2027. It is published in Valuates Reports under Automotive Industry Category. The global Shared Mobility market size is projected to reach USD… Continue reading Shared Mobility Market Size to Reach USD 145460 Million by 2027 at CAGR 6.5% – Valuates Reports

Fontinalis Partners Closes $104M Fund III

Fontinalis Partners, a mobility-focused venture firm with offices in Detroit and Boston, closed a $104m third fund. Fontinalis III brings the firm’s total committed capital to approximately $270m, and the fund is comprised of more than 30 limited partners spanning institutional investors, individuals & family offices, and corporate investors with strategic relevance to mobility. In… Continue reading Fontinalis Partners Closes $104M Fund III