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Volvo and Uber have formed a $300-million partnership in which the Swedish automaker will supply fully autonomous vehicles to Uber for use by the ride-sharing service by 2021.
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Didi Chuxing, a China-based ride-sharing company, has announced an agreement with Uber. It will acquire all assets of Uber China for operation within mainland China.
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Breeze, a startup that leases cars to drivers for Uber, Lyft, and delivery services, has ended its services. It plans to license out its fleet management software to other companies.
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Hertz Global Holdings Inc. has reached an agreement with Uber Technologies Inc. and Lyft to supply their U.S. drivers with cars under specified rental agreements.
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Uber’s carsharing service UberPool has been used more than 1 million times in London since it launched six months ago.
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Evercar, a provider of shared electric vehicles for on-demand drivers like Uber and Lyft, has placed its 100th vehicle in Los Angeles.
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Toyota Motor Corp. has invested in Uber as part of a strategic agreement that could eventually provide new leasing options for Uber drivers who select Toyota vehicles.
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Mercury Insurance is now offering ride-hailing insurance to cover Uber, Lyft, and other Transportation Network Company (TNC) drivers in the states of California, Arizona, Nevada, Oklahoma, and Illinois.
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Ride-hailing services (Uber, Lyft) now account for 46% of all ground transportation transactions for business travel, according to the latest Certify SpendSmart Report for first quarter 2016.
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The California Public Utilities Commission (CPUC) postponed voting on a proposed rule that would ban ride-sharing drivers (Lyft, Uber) from using rental cars to pick up passengers if the driver signed a lease for less than four months.
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