On November 23rd a new policy called ‘Madrid Central’ will go into effect banning all conventional cars from driving in the Madrid city centre. In addition, other measures designed to reduce pollution in the Spanish capital and create space inside the city centre have been announced. Only electric vehicles and hybrids with a range of 40 km will be allowed to drive freely through the city centre.
Lyft has unveiled its new self-driving car. The vehicle is a Ford Fusion hybrid sedan with technology designed and built by the ride-hailing company’s in-house team of autonomous vehicle engineers. Lyft also announced the acquisition of Blue Vision Labs, a London-based augmented reality startup that uses computer vision to process street-level imagery. The acquisition is a first for Lyft’s “Level 5” self-driving division.
PSA has officially launched its carsharing service Free2Move in Washington, strengthening its expansion in the United States. The fleet will initially consist of 600 vehicles (Chevrolet models: the Cruze and the Equinox) deployed on a free-floating basis in the US capital city.
We met with Enrico Howe, a senior mobility expert at the Berlin-based Innovation Centre for Mobility and Societal Change to delve into the world of scootersharing. Enrico has been focusing on the scootersharing market since 2014 and is author of the annual Global Scootersharing Market Report.
What is the current state of the scootersharing market and how do you think it will evolve?
The State of Michigan is boosting its investment in autonomous vehicle technology in a bid to remain competitive in transportation and mobility.
The Michigan Economic Development Corporation’s Entrepreneurship and Innovation initiative will work with the University of Michigan to allocate $700,000 to 10 projects aimed at bringing new mobility technology to market.
The yearlong round of funding begins on Aug. 1. The U-M MTRAC Inn...
Rolls-Royce has teased its electric “flying taxi” concept that it claims could be in full production by the early 2020s. The U.K. engine manufacturer said its Electric Vertical Take-off and Landing (EVTOL) concept vehicle could be adapted for personal transport, public transport, logistics or military applications. The EVTOL could accommodate four or five passengers at speeds of up to 250mph.
Z Energy, one of New Zealand’s largest fuel companies, has raised its stake in Mevo, the New Zealand-based carsharing company, to 12 percent – funding it by a further $300,000 on top of its existing $250,000 investment. European Motor Distributors, which is Audi NZ’s parent company, and The Wellington Company have each become 2.1 percent shareholders in Mevo.
"It’s really promising to see established New Zealand companies like...
This week we caught up with Richárd Sáreczky, the Managing Director of MOL Limo, a free-floating carsharing service located in Budapest, Hungary, to learn about how one of Europe’s largest integrated oil and gas companies (MOL Group) decided to dive into the business of shared mobility.
1. You’re pioneering shared mobility services in the energy field, first with bicycles and now with cars. Why did you choose to launch a carsh...
Zoox is closing its latest round of funding with a $500 million raise at a $3.2 billion post-money valuation. Prior to the deal, Zoox was valued at $2.7 billion. The round, led by Mike Cannon-Brookes of Grok Ventures, brings its total amount of funding to $800 million. Zoox plans to publicly deploy its autonomous vehicles by 2020 in the form of its own ride-hailing service. The cars will be all-electric and fully autonomous.
Uber has released new tools to help riders and drivers more efficiently meet.
Spotlight- Riders can use Uber’s app to light up their phone screens with a specific color, giving drivers a clearer sense of which levitating smartphone in a crowd of possible ride-hailers to look for.
In-app messaging feature improvements- Riders can communicate with their drivers without having to text them directly. Messages ar...
Didi Chuxing, the Chinese ride-hailing company, has received a $500 million investment from U.S. travel firm Booking Holdings. The funding round was a boost for the ride-hailing app's plan to enter new markets outside of China. Didi, which is expected to launch an initial public offering soon, is currently valued at $56 billion.