Quin Garcia’s venture firm, Autotech Ventures, is on the lookout for new deals. Autotech focuses on startups that are involved in ground transportation in some way, but instead of looking for the next Tesla, it invests in those making software or services or that are developing marketplaces. It’s already had some notable successes — it… Continue reading This VC just raised $150 million to invest in ground transportation startups. He says there are better opportunities than trying to find the next Tesla. (AAPL, LYFT, TSLA)
Tag: Lyft
ALYI – Alternet Sustainable EV Ride-share Business Accelerates Amid Industry Momentum
DALLAS, July 7, 2020 /PRNewswire/ — Alternet Systems, Inc. (USOTC: ALYI) today confirmed a $2.5 million prefunding deal in conjunction with a recently announced $25 million first tranche investment at a $50 million enterprise valuation that is anticipated to close within the next 90 days (see more investment details below). The $2.5 million confirmation is made in… Continue reading ALYI – Alternet Sustainable EV Ride-share Business Accelerates Amid Industry Momentum
Lyft: Continued Momentum Through Simulation
By: Robert Morgan, Director of Engineering and Sameer Qureshi, Director of Product Management We’re excited to announce that our autonomous vehicles (AVs) are back on the road — and that during the shelter in place we continued to make progress by doubling down on simulation. Simulation is an important part of our testing program, enabling us to… Continue reading Lyft: Continued Momentum Through Simulation
Amazon Shakes Up the Race for Self-Driving—and Ride-Hailing
Uber CEO Dara Khosrowshahi says his company wants to be the “Amazon for transportation.” Friday, Amazon made clear that it intends to be the Amazon for transportation. The ecommerce giant said it had agreed to acquire Bay Area–based autonomous vehicle company Zoox, a deal reportedly worth more than $1 billion. (Amazon did not respond to… Continue reading Amazon Shakes Up the Race for Self-Driving—and Ride-Hailing
Lyft: Fueling Self-Driving Research with Level 5’s Open Prediction Dataset
By Sacha Arnoud, Senior Director of Engineering and Peter Ondruska, Head of AV Research Given how important and complex self-driving is, we at Lyft deeply care about creating an environment where teams can join forces. To accelerate development and hear from diverse perspectives, we’re collaborating with many stakeholders across the self-driving industry. Today, we are reaching… Continue reading Lyft: Fueling Self-Driving Research with Level 5’s Open Prediction Dataset
New York City could have an e-scooter pilot program by March
New York City is on the verge of approving a shared electric scooter pilot program, opening up a potentially lucrative market and new micromobility battleground in the United States. The New York City Council is expected Thursday to vote on a bill that will require the New York Department of Transportation to create a pilot… Continue reading New York City could have an e-scooter pilot program by March
California seeking to force Uber and Lyft to reclassify drivers as employees within weeks (UBER, LYFT)
California is seeking to force Uber and Lyft to reclassify drivers as employees within weeks, according to a press release Wednesday from Attorney General Xavier Becerra. Becerra’s office is planning to file an injunction against the companies that would require them to make the change while they await the outcome of a lawsuit over drivers’… Continue reading California seeking to force Uber and Lyft to reclassify drivers as employees within weeks (UBER, LYFT)
California seeks to classify Uber, Lyft drivers as employees via court order
FILE PHOTO: The Uber logo is displayed on a mobile phone in this picture illustration taken November 25, 2019. REUTERS/Hannah McKay/Illustration (Reuters) – California is planning to ask a state court judge to force Uber Technologies Inc (UBER.N) and Lyft Inc (LYFT.O) to classify their ride-hail drivers as employees, rather than contractors, ratcheting up the… Continue reading California seeks to classify Uber, Lyft drivers as employees via court order
Lyft: Accelerating Autonomous Driving with Lyft’s Ridesharing Data
By Luca Del Pero, Engineering Manager; Hugo Grimmett, Level 5 Product Manager; and Peter Ondruska, Head of AV Research Dodging a pothole. Slamming on the brakes for an unexpected pedestrian. Deciding when it’s safe to enter a busy intersection. Drivers all over the world face unplanned scenarios daily and often must make split-second decisions to ensure safety.… Continue reading Lyft: Accelerating Autonomous Driving with Lyft’s Ridesharing Data
Lyft is using data from its ride-share drivers to develop self-driving cars
Lyft is using data collected from drivers on its ride-hailing app to accelerate the development of self-driving cars. Lyft’s Level 5 self-driving car program is using the data to build 3D maps, understand human driving patterns and improve simulation tests — all tools needed to push their autonomous vehicle technology forward, according to a blog… Continue reading Lyft is using data from its ride-share drivers to develop self-driving cars