Uber CEO Dara Khosrowshahi said that ride prices will return “to nearly the good old days” by September, The New York Times reported on Thursday. During the pandemic, the popular ride-sharing app lost billions as people isolated at home. Now, users are opening the black-and-white app again — only to be shocked by high prices… Continue reading Uber CEO says ride prices will be close to normal by September
Tag: Lyft
@Toyota: Woven Planet Holdings, a Subsidiary of Toyota, to Acquire CARMERA
Woven Planet Holdings, Inc. (“Woven Planet”), a subsidiary of Toyota Motor Corporation, announced the acquisition of CARMERA, Inc. (“CARMERA”), a U.S.-based spatial AI company, which specializes in bringing next-generation road intelligence to automated mobility at scale. This is the second major deal for Woven Planet in North America, following the April 2021 announcement to acquire… Continue reading @Toyota: Woven Planet Holdings, a Subsidiary of Toyota, to Acquire CARMERA
Uber, Tesla, and Rivian are locked in a war for talent. Here’s how much they pay their employees.
Insider has analyzed salary data from some of the top transportation-tech companies. The list includes Tesla, Uber, Rivian, and Amazon-owned Zoox. The data comes from filings shared with the US government. See more stories on Insider’s business page. The war for talent between transportation technology companies is heating up, as the incumbents and upstarts poach… Continue reading Uber, Tesla, and Rivian are locked in a war for talent. Here’s how much they pay their employees.
Lyft: Navigating San Francisco in Full Autonomy
Nearly a year ago, Level 5’s autonomous vehicles (AVs) drove our first autonomous miles in San Francisco. We were excited to discover that the stack we built for Palo Alto generalizes well to new environments, tackling dense city traffic, lane changes, U-turns, and merges without any specific tuning. Since then, we have begun employee test… Continue reading Lyft: Navigating San Francisco in Full Autonomy
@BMW: BMW i Ventures Announces an Investment in Kodiak Robotics.001230
Mountain View, CA -June 24, 2021… BMW i Ventures announced today an investment in Kodiak Robotics, Inc., a leading developer of self-driving long-haul trucking technology. The funds from the BMW i Ventures investment help Kodiak expand its team and fleet, as well as continue to develop its industry-leading self-driving technology purpose-built for long-haul trucks. Kodiak is… Continue reading @BMW: BMW i Ventures Announces an Investment in Kodiak Robotics.001230
Uber and Lyft have long said they pay drivers fairly, but they haven’t shared all the data that could prove it (UBER, LYFT)
Uber and Lyft are trying to lure drivers back on the road with the promise of high earnings. But both have struggled to back up past claims about earnings, leaving many drivers skeptical. Experts told Insider Uber and Lyft’s refusal to share pay data is largely to blame. See more stories on Insider’s business page.… Continue reading Uber and Lyft have long said they pay drivers fairly, but they haven’t shared all the data that could prove it (UBER, LYFT)
Drivers Union To Launch New Support Services July 1 With First-In-The-Nation Protections For Uber/Lyft Drivers
SEATTLE, June 17, 2021 /PRNewswire/ — On July 1, Seattle Uber and Lyft drivers will become the first gig workers in the nation to benefit from legal protections against unwarranted termination when the City’s groundbreaking Deactivation Rights Ordinance is implemented. On the same day, Drivers Union will launch new support services to help drivers appeal unwarranted… Continue reading Drivers Union To Launch New Support Services July 1 With First-In-The-Nation Protections For Uber/Lyft Drivers
Hyundai Motor Group Chairman Euisun Chung Visits U.S. to Review Future Mobility Strategies
SEOUL, South Korea, June 16, 2021 /PRNewswire/ — Hyundai Motor Group Chairman Euisun Chung is visiting the U.S. to review the Group’s strategies for future mobility and the direction of technological development. Chairman Chung has met executives and engineers of Motional Inc., the Group’s autonomous driving joint venture (JV), in Boston, Mass., as well as… Continue reading Hyundai Motor Group Chairman Euisun Chung Visits U.S. to Review Future Mobility Strategies
EV battery swapping startup Ample charges up operations in Japan, NYC
EV battery swapping startup Ample has locked in two partnerships this month that will help fuel an expansion into Japan and New York City after years of working on the technology. The startup, which was founded in 2014 and came out of stealth in March, said Tuesday it has partnered with Japanese petroleum and energy… Continue reading EV battery swapping startup Ample charges up operations in Japan, NYC
Despite flat growth, ride-hailing colossus Didi’s US IPO could reach $70B
Didi filed to go public in the United States last night, providing a look into the Chinese ride-hailing company’s business. This morning, we’re extending our earlier reporting on the company to dive into its numerical performance, economic health and possible valuation. Recall that Didi has raised tens of billions worth of private capital from venture capitalists,… Continue reading Despite flat growth, ride-hailing colossus Didi’s US IPO could reach $70B