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Found 10 results

  1. BMW Group and Daimler AG are combining forces to take on rideshare and mobility services like Uber and Lyft. They will invest a combined 1 billion euro to build a new company with a multiprong approach. The new company will offer five services in a single portfolio. Eventually, they will offer an all-electric, self-driving fleet of vehicles that charge, park, and drive autonomously and interconnect with other forms of transport. The five apps include: Reach Now: Offers a range of options for users to get where they're going including a combination of public transport, car-sharing,
  2. There has been a prevailing thought about the likes of Uber and Lyft that once they switch from human drivers to self-driving vehicles, they would stand to see a significant reduction in overall operating costs. This possibly means consumers could see these services as an alternative to owning a vehicle. But a new study from the Massachusetts Institute of Technology (MIT) disputes that claim. Researchers Ashley Nunes and Kristen D. Hernandez examined the San Francisco market on the per-mile cost of an automated taxi service to owning a vehicle. They found an automated taxi would range bet
  3. There has been a prevailing thought about the likes of Uber and Lyft that once they switch from human drivers to self-driving vehicles, they would stand to see a significant reduction in overall operating costs. This possibly means consumers could see these services as an alternative to owning a vehicle. But a new study from the Massachusetts Institute of Technology (MIT) disputes that claim. Researchers Ashley Nunes and Kristen D. Hernandez examined the San Francisco market on the per-mile cost of an automated taxi service to owning a vehicle. They found an automated taxi would range bet
  4. BMW Group and Daimler AG are combining forces to take on rideshare and mobility services like Uber and Lyft. They will invest a combined 1 billion euro to build a new company with a multiprong approach. The new company will offer five services in a single portfolio. Eventually, they will offer an all-electric, self-driving fleet of vehicles that charge, park, and drive autonomously and interconnect with other forms of transport. The five apps include: Reach Now: Offers a range of options for users to get where they're going including a combination of public transport, car-sharing,
  5. Yesterday, Hertz has announced that it reached partnership deals with both Uber and Lyft to provide vehicles to drivers. The deal will see Hertz proving drivers of the ride-sharing startups of vehicles that have been rotated out of their fleet. Drivers will get special rates on these vehicles. Hertz spokesman Bill Masterson says the rate for midsize vehicles will be $180 per week, including mileage and insurance. Why is Hertz making deals with Lyft and Uber? You only need to go back earlier this year when the company said ride-sharing services was limiting growth. Hertz thinks that if you
  6. Yesterday, Hertz has announced that it reached partnership deals with both Uber and Lyft to provide vehicles to drivers. The deal will see Hertz proving drivers of the ride-sharing startups of vehicles that have been rotated out of their fleet. Drivers will get special rates on these vehicles. Hertz spokesman Bill Masterson says the rate for midsize vehicles will be $180 per week, including mileage and insurance. Why is Hertz making deals with Lyft and Uber? You only need to go back earlier this year when the company said ride-sharing services was limiting growth. Hertz thinks that if you
  7. Only a few months after General Motors and Lyft formed an alliance, the two are planning to test a fleet of self-driving Chevrolet Bolt electric taxis on public roads. Specific details about the testing are still be working out, but a Lyft executive said it will include customers in an undisclosed city. Customers will be able to opt in or out of the program when hailing a Lyft cab from the company's application. Riders will be able to contact an advisor from OnStar to ask questions or provide help if a problem arises. The self-driving tech will come from Cruise Automation Inc., a devel
  8. Only a few months after General Motors and Lyft formed an alliance, the two are planning to test a fleet of self-driving Chevrolet Bolt electric taxis on public roads. Specific details about the testing are still be working out, but a Lyft executive said it will include customers in an undisclosed city. Customers will be able to opt in or out of the program when hailing a Lyft cab from the company's application. Riders will be able to contact an advisor from OnStar to ask questions or provide help if a problem arises. The self-driving tech will come from Cruise Automation Inc., a devel
  9. General Motors announced this morning a new alliance with ride-sharing company Lyft to develop an on-demand network of autonomous vehicles. GM has also invested $500 Million into Lyft as part of a round of a $1 billion round of fund-raising - one of the largest investments GM has made into a company. Lyft is a ride-sharing company that connects passengers who need a ride with those who have a car via an app. The app also automates payments to drivers. The goal of two companies is to build out a network of hubs around the U.S. where people can summon an autonomous vehicle via Lyft's app
  10. General Motors announced this morning a new alliance with ride-sharing company Lyft to develop an on-demand network of autonomous vehicles. GM has also invested $500 Million into Lyft as part of a round of a $1 billion round of fund-raising - one of the largest investments GM has made into a company. Lyft is a ride-sharing company that connects passengers who need a ride with those who have a car via an app. The app also automates payments to drivers. The goal of two companies is to build out a network of hubs around the U.S. where people can summon an autonomous vehicle via Lyft's app

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