by Michael Strong | Apr 7, 2021
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...
by Joseph Szczesny | Mar 19, 2021
Uber has agreed to do something many thought it would never do — pay drivers a minimum wage and offer them traditional benefits — in the United Kingdom. The ride hailing giant said this week it planned to pay drivers a minimum wage of a bit more than $12 per hour and...
by Paul A. Eisenstein | Feb 24, 2021
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,...
by Paul A. Eisenstein | Feb 4, 2021
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...
by Michael Strong | Jan 19, 2021
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...
by Paul A. Eisenstein | Jan 15, 2021
Kia plans to roll out seven all-new battery-electric vehicles by 2027, along with four other plug-based models, the Korean carmaker’s CEO announced Friday morning from the company’s headquarters in Seoul, while also launching a new line of products dubbed...
by Joseph Szczesny | Jan 14, 2021
Autonomous vehicles, which have already proven their worth in several industries, are poised to become more commonplace in the near term, according to a panel of experts at this year’s virtual Consumer Electronics Show. Lia Theodosiou-Pisanelli, director of partner...
by Paul A. Eisenstein | Jan 14, 2021
Taxi business in New York City has dropped by 90% since the start of the pandemic, even as mass transit ridership has fallen precipitously. The situation, repeated across the country, reflects a variety of factors, including a huge increase among those working from...
by Joseph Szczesny | Jan 13, 2021
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...
by Paul A. Eisenstein | Dec 22, 2020
2020. There are some years that pass by almost in a blur, but decades from now, as much as we might prefer to forget it ever happened, 2020 will be a year that will stand out in sharp and, for many, painful relief. Certainly, for those in the auto industry, there are...
by Michael Strong | Dec 15, 2020
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...
by Joseph Szczesny | Dec 11, 2020
Cruise, the self-driving technology company backed by General Motors and Honda, is now showing off its vehicles driving through the streets of San Francisco — sans driver. “A moment five years and 2 million miles in the making: Cruise zero-emission vehicles were ready...
