A couple of decades ago, you would not have heard someone from Ford saying that owning a car is about context. Things are definitely changing. My dad is a car guy. He says he started driving when he was 14. Somehow that was legal. But me–I’m 18 and I don’t want a car. I am from the San Francisco Bay Area. I take buses and trains. I bike, and when I need a car, I use Lyft. Ford’s Connelly says Gen Z is a game changer.
Investors are sinking more money into ride-hailing services company Lyft as the startup captures more market share from rival Uber and pursues autonomous driving. The startup announced Tuesday its recent round of funding has increased from $1 billion of new capital to $1.5 billion.
The concept is centered around ride sharing, with a design tailor-made for users who will seek to pool their vehicle use. It’s only taken MOIA one year from its official debut last year at TechCrunch Disrupt London to bring this concept to fruition, with a vehicle introduced today that’s not only built to scale but that can also actually drive and is aiming to enter into service as early as next year.
LimeBike. Spin. Mobike. Ofo. They’re everywhere. The colorful GPS-tracked bikes that rent for as little as $1 have burst onto the scene, embraced by city dwellers who want easy access to cheap transportation and cities eager to provide alternatives that take vehicles off the road for little to no investment.
Truxx is a newer truck-sharing app that allows people to order a truck on-demand. According to Truxx information, Truxx started when founder Carlos Suarez found himself in the parking lot of a large home improvement retailer after he bought a box too big to fit in his car. He looked around at the large pickups and vans and wondered how he could use a ride-sharing service like Uber or Lyft, but to get his large purchase home.
After spending more than a year putting the pieces in place to launch a robotaxi business, GM said Thursday it expects to have a fleet of self-driving cars in operation in 2019. The sharing service could be run by the automaker or a partner.
Transit, which has long been in Boston and is the official app of the MBTA, has always shown users the departure times for the public transportation options near them, as well as how long a trip will take depending on the travel mode. Now, Transit has a new feature: showing nearby dockless bike-share options.
The new feature, which launched yesterday, will allow a group “organizer” (every friend group has one) to put a 72 hour hold on a qualifying listing by paying their portion of the rate up-front. Other group members then simply have to log on to Airbnb and pay their share before the time limit to fully secure the listing.
A new partnership between autonomous driving startup Optimus Ride and release estate developer LStar Ventures will see self-driving vehicle access offered up to residents of a new urban development near Boston called Union Point, via a revenue generating last mile commuter and local destination autonomous travel service.
The U.S. market for four-door sedans, the mainstay of the auto industry and U.S. driving culture, could be cut in half, from 5.4 million today to around 2.1 million per year, by the growth of ride-sharing services, according to consulting firm KPMG.