While that’s a good marker for Lyft, the ride-hailing company still lags behind Uber, its main rival, which surpassed 10 billion trips earlier this July.
Vineeth Joel Patel2018-09-24 08:00 PT
Ride-hailing company Uber Technologies Inc is in talks to buy Dubai-based rival Careem Networks FZ for around $2 billion to $2.5 billion, Bloomberg reported on Monday, citing people familiar with the matter.
FutureCar Staff 2018-09-17 13:09 PT
Uber’s struggling self-driving program is about to get some new life, thanks to a $500 million investment from Japan’s Toyota Motor Corp. On Monday, Reuters reported that Toyota and Uber will work together on the development of self-driving cars, citing sources familiar with the matter. The equity investment will help advance both Toyota and Uber’s autonomous driving technology.
Jeremy Carlton2018-08-27 15:57 PT
With Uber vehicles clogging city streets and the company itself being blamed for increasing traffic in some cities, the company is taking action. Uber is planning an emphasis on electric scooter and e-bikes instead of cars in cities, according to Uber CEO Dara Khosrowshahi.
Eric Walz2018-08-27 12:26 PT
On Wednesday, New York became the first major American city to limit the number of for-hire drivers. The city council voted to halt new vehicle licenses for ride-hailing services and establish minimum pay rules for drivers. New York will cap the growth of the services for one year, while the city studies the booming ride-hailing industry.
Paul Young2018-08-09 17:32 PT
Uber announced today it is shutting down it operations for the development of self-driving trucks. Instead the ride-hailing company will focus its efforts on self-driving cars.
Eric Walz2018-07-30 16:12 PT
New York City officials are moving to limit the number of vehicles driving for Uber and other ride-hailing services as part of an aggressive move to address the worsening congestion. If the legislation is passed, New York will become the first major U.S. city to set a limits on the number of ride-hailing vehicles allowed to operate.
Eric Walz2018-07-27 12:40 PT
After fatally striking a pedestrian in March with one of its self-driving Volvos, Uber hopes to move forward and has announced a fresh set of safety initiatives to prevent another tragedy like the one in Arizona from ever happening again.
Eric Walz2018-07-24 16:59 PT
Energy and transportation disruption expert, Antonio Seba, claims that traditional automobile ownership will fall by the waist side as consumers move toward using ride-sharing services and autonomous cars.
Vineeth Joel Patel2018-07-23 09:00 PT
Dockless electric scooters are becoming more popular in large cities and Uber is looking to capitalize on the new type of transportation by expanding its application to the two-wheelers.
Vineeth Joel Patel2018-07-15 18:00 PT
Uber, Ford, Waymo and other companies looking into driverless cars have come together to study a possible labor crisis that’s caused by the introduction of self-driving vehicles.
Vineeth Joel Patel2018-06-24 18:00 PT
For the past several months, Uber’s entire self-driving program was heavily scrutinized, including the autonomous driving software it developed, after a self-driving Uber fatally struck a pedestrian in Arizona. But a new police report puts some of the blame back on the driver, who was watching a television show on a mobile device in the moments before the crash.
Eric Walz2018-06-22 13:44 PT
Uber is encouraging its driver partners to adopt electric vehicles. The company launched a new pilot with a important incentive for its drivers to use electric vehicles—higher pay.
Eric Walz2018-06-19 16:22 PT
The Verge sat down with Uber’s CEO, Dara Khosrowshahi, to get the lowdown on where the ride-sharing giant is heading in the future.
Vineeth Joel Patel2018-06-05 08:30 PT
The NTSB released its preliminary findings in the investigation involving a self-driving Uber that fatally struck a pedestrian in Tempe, Arizona road in March. The initial findings indicate that the vehicle was not programmed to stop.
Eric Walz2018-05-24 12:33 PT
After being involved in the industry’s first fatality involving a self-driving vehicle, Uber is permanently shutting down its autonomous testing operations in Arizona. The company will instead focus on testing in Pittsburgh and San Francisco.
Eric Walz2018-05-23 15:26 PT
Speaking at the Uber Elevate summit in Los Angeles yesterday, Uber CEO Dara Khosrowshahi said that his company's self-driving vehicles will be on the road again "within the next few months," and once that happens "it's going to be in as safe of a way as possible."
Eric Walz2018-05-10 11:56 PT
Imagine summoning a flying taxi instead of a car using Uber’s smartphone app. Uber is hoping to make that happen in the near future and announced today a research partnership with NASA to study manned urban taxis.
Derrick Smith2018-05-08 12:36 PT
Just days after announcing the purchase of bike-sharing startup JUMP that allows people to rent a bike directly through the Uber app, Uber today announced that is is partnering with Getaround, to rent cars from the Uber app.
Eric Walz2018-04-11 13:36 PT
Renting a bike using a smartphone app is a growing mobility trend in cities worldwide and Uber wants a piece of the action. The ride-hailing company has purchased JUMP, a dockless e-bike service that allows users to unlock and rent the electric bikes using Uber’s smartphone app.
Eric Walz2018-04-09 12:10 PT
Manish KharintaOct 14, 2018 7:00 AM PT
Eric WalzOct 12, 2018 5:53 PM PT
Michael ChengOct 12, 2018 2:08 PM PT