Toyota, one of the world’s biggest carmakers, is planning to invest $35 billion to create a full lineup of 30 battery-powered electric vehicles by 2030 and increase global sales by 3.5 million units a year, according to multiple media reports. Get the Full Story Complete...
Consumer ridesharing spending around the world is expected to be over $937 billion by 2026, according to a Juniper Research press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Secure identity company Clear and Uber have partnered to integrate Uber’s ride-hailing platform into Clear’s Home to Gate feature to offer a more predictable air travel experience, according to a Tuesday (Dec. 14) press release. Get the Full Story Complete the form to unlock this...
Any business, no matter the vertical, must strive to be flexible, must pivot to where the demand is, so to speak, in order to get the maximum top line momentum possible. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The U.K. High Court has ruled that Uber’s ride-hailing business model is illegal, TechCrunch reported Monday (Dec. 6), reigniting the debate about London’s view on private vehicle contracts and raising questions about how Uber and ride hailing companies can operate and how much they’ll pay...
Tens of thousands of people in and around San Francisco are on the waiting list for a Waymo robotaxi ride, the Alphabet Inc.-owned company’s co-chief executive said Friday (Dec. 3) at the Reuters Next conference. Get the Full Story Complete the form to unlock this...
Regulators in China have imposed new rules for the country’s ride-hailing sector, a development that puts additional pressure on Didi, the industry’s leader. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Paytm Payments Bank Ltd. (PPBL) is launching an all-in-one transit card that Indians can use to pay for buses, trains, tolls, parking and other transit and travel expenses. The initial rollout is in conjunction with Hyderabad Metro Rail, Ahmedabad Metro and the Delhi Airport Express...
Uber drivers in Brussels may soon be out of a job after a ruling from the city’s court of appeal making an extension from a 2015 cease-and-desist order, Bloomberg writes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...