Toyota Motor Corporation and Uber Technologies are expanding their partnership, with Uber to deploy purpose-built Toyota vehicles on its fleet. Toyota is also investing $500 million in the ride-hailing firm, subject to regulatory approval. The collaboration aims to advance, commercialize and scale up technologies for autonomous ride-sharing. An initial pilot ‘Autono-Maas’ (autonomous Mobility as a Read More..
(Bloomberg) –Uber Technologies Inc. pulled its self-driving cars from San Franciscoâ€™s streets after the state of California revoked registrations for the vehicles. The move impacted 16 Uber automobiles, the Department of Motor Vehicles wrote in an e-mailed statement Wednesday. The agency also issued a letter to the company inviting it to apply for a registration Read More..
(Bloomberg) –Uber Technologies Inc. agreed to buy startup Geometric Intelligence Inc. toÂ help the ride-hailing company create a new artificial-intelligence research lab. The startup has 15 employees and isÂ developing new machine-learning techniques inspired by cognitive science that rely on less data. Chief Executive Officer Gary Marcus, an author and professor of psychology and neural science at Read More..
Maven, General Motors’ personal mobility brand, will offer leases of one week or moreÂ to Uber drivers as part of a San Francisco pilot program. The pilot offers people interested in using the Uber platform to provide taxi services an option to do so with a Chevrolet Cruze, Malibu or Trax model. A driver will pay Read More..
Volvo Cars and ride-hailing group Uber plan to jointly develop autonomous-cars technologies. The Swedish premium car maker said the two companies will use a Volvo-built â€œbase vehicleâ€ to whichÂ Uber will add its own autonomous driving technology. Volvo will use the vehicle for its own autonomous-driving plans as well. The companies have earmarked 300 million dlrs Read More..
Toyota Motor and Volkswagen Group both announced ride-sharing moves, joining an auto-industry trend away from pure car-making toward broader mobility concepts. Toyota, the worldâ€™s biggest automaker, said it had signed a memorandum of understanding with Uber that foresees ride-sharing trials in countries where this mode of transportation is expanding. As part of the agreement, car Read More..
TomTom will provide maps and traffic data to Uber, confirmingÂ that the Dutch mapping specialist will remain the biggest competitor to soon-to-be-German owned Nokia HERE. TomTom said it has signed a global, multi-year agreement with Â Uber, a fast-growing globalÂ taxi services provider that has developed an app that quickly brings drivers and customers together. Charles Cautley, managing Read More..
Nokia is considering the sale of its mapping unit, HERE, following its announcement of plans to acquire Alcatel-Lucent. The Finland-based telecommunications equipment maker said in a statement that it had “initiated a review of strategic options, including a potential divestment” of its HERE business. HERE is the navigation, mapping and location intelligence business built on Read More..
(This Point of View was originally publishedÂ in the October edition of the automotiveIT international Executive Report) In cities all over the world an ugly war is being fought by â€œtraditionalâ€ taxi companies against a new form of competition from Uber and other ride-sharing services. These newcomers offer customers the ability to use a mobile application Read More..
A Frankfurt court has overturned an earlier verdict banning Uber from conducting business in Germany. The California-based ride-sharing services is free to continue operations in Germany for the time being. The verdict was largely based on a procedural flaw. Originally, a local court had decided that there was an urgent need to stop Uber. But Read More..