Sunday, February 25, 2024

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Ride-hailing

Full electrification of Uber and Lyft vehicles would provide only modest benefits to society, study shows

University of Michigan Both Uber and Lyft ride-hailing services have pledged to fully electrify their vehicle fleets by 2030 in the United States. The move would...

Ride-hailing and Taxi Market to Reach $432.16 Billion at a CAGR of 11.7%

The global ride-hailing and taxi market size is estimated to reach USD 432.16 billion by 2028 and is expected to expand at a CAGR...

The Worldwide Smart Commute Industry is Projected to Reach $85.5 Billion by 2028

The smart commute market was valued at US$ 30,469.49 million in 2021 and is projected to reach US$ 86,568.73 million by 2028; it is...

Baidu Wins First Driverless Permits in China for Autonomous Ride Hailing Services on Public Roads

The regulatory milestone, which allows the removal of a safety operator from the driver's seat, represents a major step towards a fully driverless futureWith...

Chinese Regulators Summon 11 Ride-hailing Firms Over Illegal Behavior

On Wednesday, five Chinese regulators have summoned and interviewed 11 ride-hailing firms, including Didi Chuxing and Shouqi, asking them to rectify illegal operation problems...

The global ride sharing market is projected to reach USD 185.1 billion in 2026

The global ride sharing market is projected to grow from USD 85.8 billion in 2021 and reach USD 185.1 billion in 2026, at a...

China’s Ride-Hailing King Didi Chuxing Files for Blockbuster US IPO, Revealing $30 Million Profit for Q1

Didi Chuxing, China’s leading ride-hailing platform, unveiled the filing for its long-awaited US stock market debut on Thursday, marking a further step toward what...

When Uber and Lyft enter cities, vehicle ownership increases

Cell Press When ridesourcing companies Uber and Lyft show up in urban areas, vehicle registrations per capita increase by 0.7% on average, increasing even more...

AutoX puts fully driverless RoboTaxis on the roads in China

AutoX has rolled out fully driverless RoboTaxis on the roads of downtown Shenzhen, marking the first time a completely autonomous fleet without accompanying safety...

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