Volkswagen and Microsoft have announced that they will enter a strategic partnership to develop the ‘Volkswagen Automotive Cloud’. The service will power all digital and mobility offerings of the German auto-maker, including car sharing and other shared mobility services, like…
BMW and Daimler have announced that their joint mobility company will be headquartered in Berlin. The two companies have already filed documents for a joint venture with the European Commission. According to the two companies, Berlin was chosen due to…
Apple’s self-driving car has had its first accident and according to the transportation authority it was caused by a human driver. The report says self-driving Lexus SUV was rear-ended by another vehicle, operated by a human. No one was…
Uber plans to shift its focus from cars to electric scooters and bike business, says CEO Dara Khosrowshahi. He predicts that people will make more frequent short journeys, as opposed to long trips, in the future, especially in inner…
Wired Magazine featured a story about German carmakers plans to launch a big scale car-sharing service in Rwanda. Volkswagen is currently building a factory in the country of 12 million. While traditionally auto makers prefer to build the factories…
Morgan Stanley report values Alphabet’s Waymo at $175 billion, $100 billion more than the previous estimate. Along with mind blowing valuation achieved in a short period of time, what’s interesting is the break-down of the valuation by the analyst…
Lyft has started an interesting experiment offering 100 residents of Chicago $550 in credit to Lyft and to use other mobility services owned by the company, if they ditch their personal vehicles for a month. The company hopes to…
Uber has announced that it will stop developing self-driving trucks and will shut down the unit. The company will instead focus on self-driving car development. The AV truck unit was based on Otto, a startup acquired in 2016. Uber planned…
BMW is expanding its car sharing service ReachNow by adding ride hailing option to it. The service will be available in Seattle and Portland, US. Users can just request a professional driver or schedule one for up to a…
Renault announced that it will be launching a ride-hailing and car sharing service in Paris in September. The company is hoping to offer a replacement of Autolib, an electric car sharing service run by Vinvent Bollore’s group, that was…