Canadian global automotive supplier Magna and US ridesharing firm Lyft have partnered to jointly fund, develop, and manufacture self-driving systems. Apart from funding the partnership, Magna agreed to invest $200 in Lyft. The ...
Tags: Magna, Self-Driving Systems
Ride-hailing company Lyft has secured approval to start trial of its self-driving vehicles in the US state of California. The approval allows Lyft to join the likes of companies such as Google’s Waymo, Uber, Apple, Ford and ...
Tags: Self-Driving Cars, Apple
Anheuser-Busch has released a new limited-edition 1933 Repeal Reserve, a Budweiser Amber Lager in celebration of prohibition's repeal. Budweiser 1933 Repeal Reserve is inspired by an amber lager created and brewed by Adolphus Busch that ...
Tags: Budweiser Beer
CapitalG, a growth investment fund under Alphabet has led $1bn round of investment in ride-hailing company Lyft. With this investment, Lyft’s valuation has gone up to $11bn. CapitalG’s partner David Lawee will be joining ...
Tags: CapitalG, Rival Lyft
Automaker Ford Motor is targeting $10bn in incremental material cost reductions and lower engineering costs by $4bn from planned levels over the next five years. Ford’s newly appointed CEO and president Jim Hackett noted that the ...
Tags: Ford Motor, Ford
Google’s self-driving subsidiary Waymo is retiring its prototype autonomous vehicle, dubbed Firefly. The Firefly vehicle, which has no wheel and pedals, was developed as a platform to experiment and learn, but not for mass ...
Tags: Google, autonomous vehicle
Ride-hailing company Lyft is collaborating with autonomous vehicle technology firm nuTonomy to optimize passenger experience in self-driving cars. Under the partnership, the two companies will align their technology platforms to collect ...
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
Mobileye has installed collision avoidance technology across 4,500 for-hire vehicles in New York City, US. Together with Atlas Financial Holdings, a leader in passenger transportation insurance, Mobileye has equipped thousands of New York ...
Tags: Mobileye, rideshare vehicles
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
General Motors' personal mobility brand, Maven continues to expand and has started its business in Los Angeles, California. In nine months, Maven has grown to nine markets: Ann Arbor, Michigan, Baltimore, Boston, Chicago, Detroit, Los ...
Tags: General Motors, car-centric city
Introduces Massive Update to Messages, New Home App, All-New Photos, Music and News & Opens Siri, Maps, Phone and Messages to Developers San Francisco — Apple today previewed iOS 10, the biggest release ever of the world’s ...
Tags: iOS 10
Developers Preview New Ways to Use Siri for Ride Booking and Calls Developers are previewing new integrations with Siri that help you book a ride or make a call. With iOS 10 and the introduction of SiriKit for developers, everyone’s ...
Tags: Siri, Ride Booking and Calls