Follow
Subscribe
Uber Looking to Sell a Minority Stake in its Autonomous Vehicle Unit

Uber Looking to Sell a Minority Stake in its Autonomous Vehicle Unit

Ride-hailing company Uber is preparing to sign a deal to sell a minority stake in its autonomous vehicle unit Uber ATG ahead of next month’s IPO. The deal would allow Uber to retain operational control of ATG while reducing its cash burden.

Eric Walz2019-04-17 17:14 PT

Uber Introduces a Voucher Program that Allows Businesses to Buy Rides for Their Customers

Uber Introduces a Voucher Program that Allows Businesses to Buy Rides for Their Customers

Ride-hailing giant Uber announced today its rolling out a new program called “Uber Vouchers” that allows businesses to offer free or subsidized Uber rides to customers. The program is targeting at businesses as a way to bring in more customers.

FutureCar Staff 2019-04-09 14:35 PT

Uber Expands Ride Pass to 20 More U.S. Cities

Uber Expands Ride Pass to 20 More U.S. Cities

Uber riders looking to pay a monthly fee for discounted rates for rides with the ride-sharing service don’t need to be in Los Angeles, Miami, Denver, Austin, or Orland, as the company expanded its subscription service to other cities.

Vineeth Joel Patel2019-03-31 07:00 PT

Report Claims Uber’s Autonomous Car Program Was Going Through $20 Million per Month

Report Claims Uber’s Autonomous Car Program Was Going Through $20 Million per Month

In order to reach its lofty goals, Uber’s self-driving arm was burning through $20 million a month – all in the name of developing technology for autonomous vehicles.

Vineeth Joel Patel2019-03-14 06:00 PT

Uber Adds Public Transportation Options to its Ride-Hailing App

Uber Adds Public Transportation Options to its Ride-Hailing App

Uber is advancing its mission to provide people easy access to mobility. The ride-hailing giant announced it is adding public transportation options to its app for the first time. Beginning today in Denver, riders will be able to use to the Uber app for public transportation options.

Eric Walz2019-01-31 13:49 PT

Why is Uber Importing 8,000 Electric Bikes From China?

Why is Uber Importing 8,000 Electric Bikes From China?

Uber is poised to for a major expansion and will begin offering more e-bike options directly from its app for riders in U.S. cities. Shipping records show that Uber imported about 8,000 e-bikes to the U.S. this month alone.

FutureCar Staff 2018-12-24 11:00 PT

Uber Gets Approval to Resume Testing its Self-Driving Vehicles in Pittsburgh

Uber Gets Approval to Resume Testing its Self-Driving Vehicles in Pittsburgh

​Uber received approval from the state of Pennsylvania to resume self-driving car testing on public roads this week following a deadly accident in Arizona in March. Uber said that when does resumes testing, it would do so with two employees in the front seat, enable an automatic braking system at all times, and more strictly monitor safety employees.

FutureCar Staff 2018-12-18 17:39 PT

Uber to Raise Prices in London to Help Drivers Switch to EVs

Uber to Raise Prices in London to Help Drivers Switch to EVs

With some help from riders, Uber is looking to make the switch to having all-electric vehicles in London.

Vineeth Joel Patel2018-10-27 15:00 PT

Lyft Hits Major Milestone, Completes 1 Billion Trips

Lyft Hits Major Milestone, Completes 1 Billion Trips

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

Uber in Talks to Buy Dubai-based Ride-Hailing Rival Careem for Around $2 Billion

Uber in Talks to Buy Dubai-based Ride-Hailing Rival Careem for Around $2 Billion

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

Toyota Investing $500 million in Uber to Develop Driverless Cars

Toyota Investing $500 million in Uber to Develop Driverless Cars

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

Uber Plans to Shift Focus to Electric Scooters & E-Bikes for Short City Trips

Uber Plans to Shift Focus to Electric Scooters & E-Bikes for Short City Trips

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

New York City Votes to Limit the Number of Uber & Lyft Vehicles

New York City Votes to Limit the Number of Uber & Lyft Vehicles

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 Kills its Autonomous Truck Plans 2 Years After Buying Self-Driving Trucking Startup Otto

Uber Kills its Autonomous Truck Plans 2 Years After Buying Self-Driving Trucking Startup Otto

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 Looking to Cap the Number of Uber & Lyft Vehicles

New York City Looking to Cap the Number of Uber & Lyft Vehicles

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

Uber Puts its Self-Driving Volvos Back Out On Pittsburgh Streets, ‘With Drivers’

Uber Puts its Self-Driving Volvos Back Out On Pittsburgh Streets, ‘With Drivers’

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

Experts Believe Autonomous Vehicles & Ride-Sharing Services Will End Traditional Car Ownership

Experts Believe Autonomous Vehicles & Ride-Sharing Services Will End Traditional Car Ownership

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

Uber, Lime Partner to Add Electric Scooters to Transportation Lineup

Uber, Lime Partner to Add Electric Scooters to Transportation Lineup

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

Major Companies Looking Into the ‘Human Impact’ of Autonomous Vehicles

Major Companies Looking Into the ‘Human Impact’ of Autonomous Vehicles

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

Uber’s Safety Driver in Fatal Crash Was Watching a TV Show Behind the Wheel

Uber’s Safety Driver in Fatal Crash Was Watching a TV Show Behind the Wheel

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

  Home Prev 1 2 3 Next