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Rivian adds to its EV war chest, Sec. Buttigieg is coming to Disrupt and Argo preps to launch with Lyft – 98bmp

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every Sunday in your inbox. Hello frens and readers. Welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. Hey so maybe y’all missed it, but we shared some exciting news this week. […]

todayJuly 26, 2021 1


Uber and Lyft will support California’s EV mandate — but only if they get more money

On Thursday, the California Air Resources Board (CARB) unanimously voted for a regulation that requires the electrification of the state’s ridesharing fleets starting in 2023, Reuters reports.According to CARB’s announcement, the regulation dictates that by 2030 rideshare companies should achieve a level of zero greenhouse gas emissions and ensure that 90% of their vehicle miles are fully electric.This brings into question Uber and Lyft both of which announced last year their commitment […]

todayMay 22, 2021 2


With Lyft selling its self-driving division, the market will be dominated by a few rich companies

News broke this week that Woven Planet, a Toyota subsidiary, will acquire Level 5, Lyft’s self-driving unit, for $550 million. The transaction, which is expected to close in Q3 2021, includes $200 million paid upfront and $350 million over a five-year period.Toyota will gain full control of Lyft’s technology and its team of 300. Lyft will remain in the game as a partner to Toyota’s self-driving efforts, providing its ride-hailing service […]

todayMay 1, 2021 1


Uber and Lyft will share data to curb banned drivers — but only in the US

Ride-hailing apps Uber and Lyft are reportedly going to share the names of drivers that have been banned in relation to “serious” safety incidents — including sexual assault. The relationship will be managed by a company that specializes in background checks. Naturally, sharing the names of banned drivers is focused on improving rider safety, and ensuring that bans from platforms for serious safety incidents carry across companies. Unfortunately, this collaboration is […]

todayMarch 12, 2021 2