A new report claims that Uber operated a top-secret software programme known as 'Hell' that spied on and undermined its main rival, Lyft. That's according to an published by The Information, which alleges that the ride-hailing giant ...
Tags: Uber
US ride-hailing firm Lyft has raised $600m in new round of financing at a $7.5bn valuation. The investors in the funding round include KKR, Baillie Gifford, Alliance Bernstein, Canada’s Public Sector Pension Investment Board (PSP) ...
Tags: Lyft, self-driving car
Ride-hailing company Lyft has reportedly raised $500m in a new round of funding that valued the company at about $7.5bn. Uber's rival has been trying to raise investment for some time to enter new markets. In the first quarter of this ...
Tags: Lyft, Ride-hailing
Daimler and Bosch are partnering to speed up the development of self-driving cars. The two companies have signed a development agreement to bring fully automated (SAE Level 4) and driverless (SAE Level 5) driving to urban roads by the ...
Tags: Daimler, Driverless System
Ride-hailing company Uber has reportedly suspended its self-driving car tests, after one of the vehicles met with an accident in the City of Tempe, Arizona, US. The accident involved a Volvo SUV from Uber, which was carrying two engineers ...
Tags: Self-Driving Cars, Uber
HERE has launched HERE Mobility On-Demand, a flexible toolkit with built-in location-centric features for developers of on-demand app developers. HERE Mobility On-Demand is priced and packaged specifically for on-demand companies, ...
Tags: flexible toolkit, HERE
Ford Motor said it will invest $1bn over the next five years in artificial intelligence company, Argo AI, to help put fully autonomous vehicles on the road by 2021. The two companies will develop the core technology of Ford’s ...
Tags: Ford Motor, Virtual Driver System
Ford Motor is launching a new project designed to help enhance air quality in London as the automaker accelerates its electrification plans with 13 new global electrified vehicles due for introduction in the next five years. The project, ...
Tags: Ford, Commercial Vans
Volkswagen has launched its own mobility services company, Moia, which will focus primarily on autonomous vehicles. The move will allow the German firm to compete with Uber and Lyft. Moia will connect the car with the new mobility ...
Tags: Volkswagen, Mobility Services
Volkswagen is systematically moving ahead with its transition to the mobility world of tomorrow initiated by the "TOGETHER – Strategy 2025" program for the future. The Group presented its next steps on the road to becoming a ...
nuTonomy, a developer of software for self-driving cars, and South-east Asian ride-hailing service Grab have partnered to expand public trial of on-demand self-driving car service in Singapore. The trial will give select Grab users a ...
Tags: nuTonomy, Grab, public trial
Grab, a rival to ride-hailing company Uber in Southeast East, has raised $750m in equity financing, increasing its total capital position to more than $1bn. The expanded, oversubscribed round was led by Grab's strategic partner SoftBank ...
Volvo Cars and ride-hailing company Uber are joining forces for the development of next generation autonomous driving cars. As part of the deal, the companies will start a project that will develop new base vehicles, which can be ...
Tags: Volvo Cars, Uber, autonomous driving cars
Ford is planning to mass produce driverless cars and introduce them in commercial operation in a ride-hailing service by 2021. To help speed up development of self-driving cars, Ford is investing in or collaborating with four startups on ...
Tags: Ford, driverless cars
Ford Motor and the Massachusetts Institute of Technology (MIT) are working together on a new research project that measures how pedestrians move in urban areas to improve certain public transportation services for ride-hailing and ...
Tags: Ford Motor, Electric Shuttles