Tag: Mobility

Uber starts trading at $42, down 6.7% from IPO price

Uber’s stock crumpled 6.7% down from its IPO price at the start of trading in Silicon Valley’s most hotly anticipated public offering in years. In classic Uber style, the IPO managed to be massive and attention-grabbing while also being disappointing. After weeks of talking to investors, the company priced its stock at $45 per share, […]

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Bird’s $1,299 Bird One scooter can travel 30 miles on a charge

Bird, the Santa Monica, California-based electric scooter startup that’s raised $415 million in venture capital to date, today unveiled Bird One, an e-scooter architected and engineered by the company’s U.S. design team that boasts novel safety features, long range, and what Bird claims is industry-leading battery life. It’ll soon be available to reserve or rent […]

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Uber, Google, IBM, and others join Urban Computing Foundation to create tools for ‘cities of tomorrow’

The Linux Foundation, the nonprofit technology consortium that supports Linux’s growth, standardization, and commercial adoption, today announced a new industry-wide effort to create a common set of software required to “support the cities of tomorrow.” The freshly minted Urban Computing Foundation will offer a forum for developers to build open source tools that connect cities, […]

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How Are Autonomous Vehicles Supposed to Make Automakers Money?

<img data-attachment-id="1672114" data-permalink data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/shutterstock_655226866.jpg" data-orig-size="1000,667" data-comments-opened="1" data-image-meta="{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"0"}" data-image-title="self driving car mockup" data-image-description=" By metamorworks/shutterstock ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/shutterstock_655226866-450×300.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/shutterstock_655226866-610×407.jpg” class=”aligncenter size-large wp-image-1672114″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/shutterstock_655226866-610×407.jpg” alt width=”610″ height=”407″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/shutterstock_655226866-610×407.jpg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/shutterstock_655226866-75×50.jpg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/shutterstock_655226866-450×300.jpg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/shutterstock_655226866-768×512.jpg 768w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/shutterstock_655226866-120×80.jpg 120w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/shutterstock_655226866.jpg 1000w” sizes=”(max-width: 610px) 100vw, 610px”> As we continue reporting on how costly mobility projects, connectivity, and autonomous development are weighing […]

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Lyft IPO Makes a Splash, Followed By a Flop

<img data-attachment-id="1668232" data-permalink data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/shutterstock_1073950886.jpg" data-orig-size="1000,667" data-comments-opened="1" data-image-meta="{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"1"}" data-image-title="lyft logo" data-image-description=" Jonathan Weiss/Shutterstock ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/shutterstock_1073950886-450×300.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/shutterstock_1073950886-610×407.jpg” class=”aligncenter size-large wp-image-1668232″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/shutterstock_1073950886-610×407.jpg” alt width=”610″ height=”407″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/shutterstock_1073950886-610×407.jpg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/shutterstock_1073950886-75×50.jpg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/shutterstock_1073950886-450×300.jpg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/shutterstock_1073950886-768×512.jpg 768w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/shutterstock_1073950886-120×80.jpg 120w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/shutterstock_1073950886.jpg 1000w” sizes=”(max-width: 610px) 100vw, 610px”> Despite playing host to what everyone presumed would be a very hot property, Lyft’s IPO hasn’t panned […]

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The rise of on-device AI — and why it’s so important (VB Live)

The applications that on-device AI are enabling are capturing consumer attention, and the opportunities for always-on, intelligent devices are enormous. To learn more about this innovative emerging technology that’s already at the fingertips of developers, OEMs, and ISVs, register now for this VB Live event. Register here for free. Gartner predicts that by 2022, 80 […]

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Booze Tops Motivation List in Firsthand Ride-hailing Study

<img data-attachment-id="1527153" data-permalink data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2017/03/2017-Toyota-Corolla-LE-beige.jpg" data-orig-size="1400,933" data-comments-opened="1" data-image-meta="{"aperture":"10","credit":"Paul Giamou","camera":"Canon EOS-1D X Mark II","caption":"","created_timestamp":"1465828907","copyright":"(C) 2016 Paul Giamou Photography Ltd.","focal_length":"70","iso":"100","shutter_speed":"0.02","title":"","orientation":"0"}" data-image-title="2017 Toyota Corolla LE beige" data-image-description=" Image: Toyota ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2017/03/2017-Toyota-Corolla-LE-beige-450×300.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2017/03/2017-Toyota-Corolla-LE-beige-610×407.jpg” class=”aligncenter wp-image-1527153 size-large” src=”https://www.thetruthaboutcars.com/wp-content/uploads/2017/03/2017-Toyota-Corolla-LE-beige-610×407.jpg” alt=”2017 Toyota Corolla LE – Image: Toyota” width=”610″ height=”407″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2017/03/2017-Toyota-Corolla-LE-beige-610×407.jpg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2017/03/2017-Toyota-Corolla-LE-beige-75×50.jpg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2017/03/2017-Toyota-Corolla-LE-beige-450×300.jpg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2017/03/2017-Toyota-Corolla-LE-beige-768×512.jpg 768w, https://www.thetruthaboutcars.com/wp-content/uploads/2017/03/2017-Toyota-Corolla-LE-beige-120×80.jpg 120w, https://www.thetruthaboutcars.com/wp-content/uploads/2017/03/2017-Toyota-Corolla-LE-beige.jpg 1400w” sizes=”(max-width: 610px) […]

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Self-Driving Cars Still Not Scratching Public in the Right Places

<img data-attachment-id="1634056" data-permalink data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2018/07/001-AV-MIAMI_02222018_ford_0414-Edit-e1540584964307.jpg" data-orig-size="2845,1833" data-comments-opened="1" data-image-meta="{"aperture":"0","credit":"","camera":"","caption":"We\u2019re Going to Miami: The First Proving Ground for Our Self-Driving Service","created_timestamp":"0","copyright":"Photo Courtesy Ford Motor Company","focal_length":"0","iso":"0","shutter_speed":"0","title":"Ford Autonomous Vehicle Testing in Miami","orientation":"1"}" data-image-title="Ford Autonomous Vehicle Testing in Miami" data-image-description=" Ford Motor Co ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2018/07/001-AV-MIAMI_02222018_ford_0414-Edit-e1532463329549-450×290.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2018/07/001-AV-MIAMI_02222018_ford_0414-Edit-e1532463329549-610×393.jpg” class=”aligncenter size-large wp-image-1634056″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2018/07/001-AV-MIAMI_02222018_ford_0414-Edit-e1532463329549-610×393.jpg” alt width=”610″ height=”393″> Every few months, the American Automobile Association gives us […]

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FCA Fine Flying Solo, Equally Happy With Help

With Sergio Marchionne gone, most assumed Fiat Chrysler Automobiles would swiftly enact the late CEO’s plan to convince another automaker to partner with the company. Until recently, FCA was viewed as a dinosaur within the industry — limping along since its Fiat acquisition with a lineup of unpopular European imports and oversized American vehicles that couldn’t possibly endure […]

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Frenemies: BMW and Daimler Team Up on Mobility, Remain Foes in the Showroom

As the marketplace evolves and the rise of “mobility” threatens to lock laggard automakers out of new revenue streams, old rivals are coming together to get out ahead of the competition. Take BMW and Daimler, for example. The German companies, normally embroiled in high-end sales combat, have cosied up to each other in recent years. […]

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GM Finds a New Boss for Maven

Rather than look outside the company for some Silicon Valley-reared go-getter, General Motors sourced its new Maven boss from within. The automaker’s mobility brand was left leaderless following the unexpected January departure of Julia Steyn, who led the brand since its 2016 inception. Into Steyn’s shoes steps Sigal Cordeiro, a 19-year GM veteran who most recently […]

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A Manifesto for… Freedom?

While your author is normally very wary of manifestos, especially those originating from Europe, an automotive missive from France captured his attention. It contained all the right ingredients: personal autonomy (ie – freedom), affordability, and most important of all, deregulation. It was a manifesto of freedom, penned by Citroën. I’m yours, comrade — er, camarade! Promising […]

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Modern Times Spell Trouble for Mom-and-pop Auto Dealers

When I was a lad, there were two family-owned and operated dealerships within walking distance of my home. Upon reaching driving age, one had already closed while the other began adding storefronts in different towns. It now has three locations, ensuring a meaty inheritance and lifelong job security for several members of my graduating class. […]

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General Motors Starts Taking Orders for Electric Bicycles

Last November, the world learned that both General Motors and Ford planned to enter the field of two-wheeled transportation as part of their new identity as “mobility” companies. Ford chose to purchase electric scooter startup Spin, whereas GM wanted to mass produce two e-bikes intended for direct sale. However, not much was known about the actual […]

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Ford’s Chariot Program Didn’t Last Very Long

Chariot, Ford’s app-based shuttle service, has announced it will throw in the towel due to the rapidly changing “mobility landscape” of major cities. When the company launched in 2014 with Jim Hackett at the helm, it joined a bundle of “microtransit” firms hoping to undercut brands like Uber while providing a viable alternative to public transportation. […]

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Honda Dream Drive: In-car Shopping, Marketing, Gamification

Expanding on last year’s concept, Honda is reintroducing “Dream Drive” for this year’s Consumer Electronics Show (CES). Previously a platform intended to provide passengers with augmented and virtual reality experiences, Double D now focuses primarily on in-car purchases. In fact, the service seems identical to General Motors’ Marketplace. That’s right, Honda is entering the dark […]

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Let Mobility Die: Hyundai Showcases Dumb, Spider-legged Thing for CES 2019

Hyundai kicked off the New Year by teasing a concept vehicle it claims can tackle just about any terrain in a manner befitting Inspector Gadget. That’s because it’s time for the 2019 Consumer Electronics Show (CES), which is the premiere event for showcasing half-baked and incomplete technological marvels in a desperate effort to titillate investors and tech […]

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Mobility startup Dott raises $23 million for its durable electric scooters and bikes

Urban transportation startup Dott announced today that it has raised $23 million in venture capital as the electric scooter and bike company prepares to launch its first pilot early next year. Founded in Amsterdam earlier this year by French expats Maxim Romain and Henri Moissinac, the company says its scooters are designed explicitly for urban use, […]

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