Tag Archives: uber

Center for Automotive Research: “Puzzle-Piece” Approach Endangered by New-Mobility Ecosystem, Says Alix Partners

The puzzle-piece that automakers and suppliers are historically best at – vehicle architectures, systems and assembly – will be just a part of the overall mobility mosaic. This could mean that legacy players need to be discerning about the partnerships they choose with “the other pieces of the puzzle,” such as technology and MaaS (mobility-as-a-service) companies, or efficient with the investments they make to compete with them, or both, claims AlixPartners’ Mark Wakefield. Continue reading

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Ride and Cost Sharing: Toyota, DENSO and SoftBank Vision Fund Invest $1 Billion in Uber’s Advanced Technologies Group

The investment, in a newly formed ATG corporate entity, aims to accelerate the development and commercialization of automated ridesharing services. Under the terms, Toyota and DENSO will together invest $667 million and SVF will invest $333 million, valuing the new Uber ATG entity at $7.25 billion on a post-money basis. Continue reading

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Ford, Uber And Lyft Announce Agreement to Share Data

Ford Motor Company, Uber and Lyft today announced a pledge to SharedStreets, a new data platform designed – it’s claimed – to make it easier for the private sector to work with cities around the world to use your driving data to improve urban mobility. No mention of privacy or legal issues arising from the personnel data were addressed. Continue reading

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Toyota Motor and Uber Expand Collaboration

To accomplish this, technology from each company will be integrated into purpose-built Toyota vehicles to be deployed on Uber’s ride-sharing network. Separately, Toyota is investing $500 million in Uber. Continue reading

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Ford Places $1B Bet in Argo AI on Autonomous Vehicles

The very small Argo AI team of specialists in robotics and artificial intelligence is led by founders Bryan Salesky, CEO, and Peter Rander, COO. Both are alumni of Carnegie Mellon National Robotics Engineering Center and former heads of the self-driving car teams of Google and Uber, respectively. Continue reading

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Mobility Company or Automaker? Toyota Signs MOA with Uber

This is a complicated deal, given Uber’s current legal and regulatory challenges in the U.S., as well as global business conditions and regulations, and – at the end of the road – consumer desires. Continue reading

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