Posts Tagged ‘Uber’
Uber Sells Off Their Self-Driving Car Unit
Uber’s self-driving unit, Advanced Technologies Group (ATG), is being sold off. The division will be acquired by start-up competitor Aurora Innovation. The deal, expected to close in the first quarter of 2021, values ATG at $4 billion. The unit was valued at $7.25 billion in April 2019 when Softbank, Denso, and Toyota took a stake…
Read MoreUber Pledges To Go All-Electric By 2030
Ridesharing service Uber is embracing the future. They have pledged that every ride taken (in North America and Europe, at least) will occur in an electric vehicle by the year 2030. For those counting, that’s a little over nine years to convert their entire fleet. A fleet, it should be pointed out, that is largely…
Read MoreLyft Is Actually Pulling Out Of California [Updated]
[UPDATE] A few hours after we published this news, CNBC reported that the situation had changed again. An appeals court in California granted Lyft and Uber a temporary reprieve. That decision extends the time before the companies need to comply with a new law that would force them to classify their drivers as employees instead…
Read More10 Trends Currently Driving The Auto Industry
Few industries are constantly changing as rapidly as the automotive one. Advances in technology, shifting consumer behaviors, and global economies of scale are leading to breakneck change for automakers all over the world. It can be hard to keep up with the advances that are taking place on a sometimes daily basis. Here are 10…
Read MoreUber Etiquette: The Dos and Don’ts of Being a Rideshare Passenger
With so many of us taking advantage of ride-sharing apps like Uber and Lyft to get from place to place, it’s easy to forget that these services are different than traditional taxi-cabs. Drivers have no training other than the standard driver’s license that’s mandated in the region, and their cars are their own — not…
Read More7 Problems That Ridesharing Companies Are Currently Dealing With
There was a time, not too long ago, when ridesharing companies like Uber and Lyft were viewed as the future of transportation. Here were companies that allowed complete strangers to share rides at affordable prices, thus removing the number of vehicles on the roads, cutting down on pollution and traffic congestion, and making it convenient…
Read MoreWhy Everyone Should Consider Driving for Uber or Lyft
Uber and Lyft have taken over roads around the world with their innovative approach to ridesharing. And thanks to these companies, anyone can drive, pick up passengers, and make good money – which is why driving for Uber and Lyft is such a popular choice today. Whether you’re looking for a side hustle, a new…
Read More