Articles tagged “ridesharing”

Tesla Tells Taxis and Ridesharing Companies They Can’t Use Its Superchargers

Tesla Tells Taxis and Ridesharing Companies They Can’t Use Its Superchargers

Brian Eckhouse and Dana Hull, Bloomberg

Tesla has a limited supply of its Superchargers, and this isn't going to have a wide impact for now among commercial operators such as Uber and Lyft, or the taxi industry. Tesla, though, is expanding its reach: It will soon have three Supercharging stations in Manhattan, for example.

22 hours ago

Uber Mideast Rival Careem Pushes Ridesharing as Efficient Infrastructure Investment

Uber Mideast Rival Careem Pushes Ridesharing as Efficient Infrastructure Investment

Gwen Ackerman and Matthew Martin, Bloomberg

Ridesharing is an attractive way to transport people from point A to point B in many countries because of its convenience and the economics. But clogging roads with carbon dioxide-producing machines isn't sustainable

7 days ago

Honolulu Airport Tests Ridesharing Services

Honolulu Airport Tests Ridesharing Services

Associated Press

As in other destinations, consumer demand is driving the testing of ridesharing services at Honolulu Airport. The taxi industry is going to have to try to adapt. Travelers coming in and out of the airport will now have some more reasonable transportation options.

2 weeks ago

Lyft Finally Goes Corporate With Carlson Wagonlit Travel Deal

Lyft Finally Goes Corporate With Carlson Wagonlit Travel Deal

Andrew Sheivachman, Skift

Lyft is playing catch up in the corporate travel sector, and partnerships with the major global travel management companies are a good way to increase adoption. Uber's lead, however, remains enormous.

3 weeks ago

Uber Focuses on Scale Rather Than Technology Upgrades in India

Uber Focuses on Scale Rather Than Technology Upgrades in India

Saritha Rai, Bloomberg

There are plenty of examples where consumer technology behavior is way ahead of a major company that's slow to respond to marketplace demand. But with Uber in India, it's the other way around, and the company is taking a step back to focus on basics before it takes a test drive with features available in other markets.

3 weeks ago

Popularity of Ridehailing Services Will Hurt New Car Sales

Popularity of Ridehailing Services Will Hurt New Car Sales

Joe Ryan and David Welch, Bloomberg

Car ownership has been a mainstay of high-income economies since Henry Ford pioneered mass production in the early part of the 20th century. The rise of ridehailing companies like Uber is changing the game, but the greater shock to the system will be when self-driving cars become a reality.

4 weeks ago

Lyft Will Enter Canada as Its First Foreign Market

Lyft Will Enter Canada as Its First Foreign Market

Natalie Wong, Bloomberg

In Formula One, a racecar will go where the driver's eyes go. In capitalism, a startup will go where its investors see the most potential for market share gain. In the race between Lyft and Uber in Canada, the real winner now is the consumer, thanks to discounting.

1 month ago

Rental Car Companies Have Inched Their Way Back From the Brink

Rental Car Companies Have Inched Their Way Back From the Brink

Andrew Sheivachman, Skift

Now that the car rental giants have sold off their extra cars, they can focus on continuing to grow revenue. But is there really a long-term future for rental cars in a world that has embraced ridesharing?

1 month ago

Brazil Ridesharing Battle Heats Up With New Restrictions Likely

Brazil Ridesharing Battle Heats Up With New Restrictions Likely

Sarah DiLorenzo, Associated Press

Tension is high in Brazil as legislation hamstringing ridesharing companies is under debate. Enhanced protections for drivers are necessary, but widespread restrictions could hurt the hundreds of thousands of drivers who make a living from Uber and Cabify.

2 months ago

Waymo Is Converting Standby Drivers In Driverless Cars Into Mere Passengers

Waymo Is Converting Standby Drivers In Driverless Cars Into Mere Passengers

Michael Liedtke, Associated Press

Like a Lyft car on a map approaching from around the bend, Waymo's truly driverless cars — and trucks — are approaching and getting closer to reality. The plan is to license them to automakers, and to enable Lyft, which is a Google partner, to put them on the road.

2 months ago

Uber Appoints Ex-Banker to New UK Chair Role to Defend Its London Business

Uber Appoints Ex-Banker to New UK Chair Role to Defend Its London Business

Giles Turner, Bloomberg

London's transport officials recently threatened to ban Uber from London, largely based on worries about user safety. The ridehailing company's new UK executive has wrangled with regulators before and will add to the company's negotiation skill.

2 months ago

Uber Faces Challenge to Business Model in Brazil

Uber Faces Challenge to Business Model in Brazil

Samy Adghimi and Mario Sergio Lima, Bloomberg

Brazil's Senate is set to make it harder for ridesharing services to operate, representing a considerable blow to Uber's global growth agenda. It's a hurdle that Uber and competitors now face in locales as disparate as the UK and now Brazil.

2 months ago