Uber, Lyft Looking to Add Drivers, Touting Sky-High Rates

Uber, Lyft Looking to Add Drivers, Touting Sky-High Rates

Uber’s preparing to spend $250 million to increase drivers’ pay, including offering payment guarantees and other incentives to lure new drivers to the service and entice the existing ones to work more often. The effort comes as Uber and rival Lyft report their drivers...
Ford Explores Post-COVID Changes to Transportation

Ford Explores Post-COVID Changes to Transportation

Feeling stressed out by the pandemic? You’re certainly not alone. New research by Ford Motor Co. finds 64% of Americans under more stress than a year ago. “We found that adapting to the pandemic isn’t easy,” said Ford’s in-house “futurist,” Sheryl Connelly,...
Ford Ups to $29 Billion its Investment in EVs, AVs

Ford Ups to $29 Billion its Investment in EVs, AVs

Ford Motor Co. will boost to $29 billion the investment it plans to make in electrified and autonomous vehicles, nearly tripling its bet on a high-tech future where it is positioned as a “mobility” company, rather than just an automotive manufacturer. The announcement...
GM, Cruise Teaming With Microsoft to Speed Development

GM, Cruise Teaming With Microsoft to Speed Development

General Motors and its autonomous vehicle subsidiary Cruise are moving into the cloud, specifically the Microsoft cloud, as all three have entered into an agreement designed to accelerate the commercialization of self-driving vehicles. The trio will join forces to...
Geely Teaming Up with Baidu on Future Electric AVs

Geely Teaming Up with Baidu on Future Electric AVs

Chinese Internet giant Baidu agreed to a strategic alliance with Geely, one of China’s largest independent carmakers, to develop and produce what is described as “intelligent” electric vehicles. According to the announcement, the new venture will operate as an...
Zoox’s New “Toaster” May be the EV of the Future

Zoox’s New “Toaster” May be the EV of the Future

Much of the attention on electric vehicles focuses on vehicles like the Tesla Model Y, Ford Mustang Mach-E, Porsche Taycan and the like. However, it’s service-oriented vehicles resembling toasters many companies see as the future of the EV. Zoox, the autonomous...

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