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Consumer attitudes about the necessity of vehicle ownership are gradually changing, according to Cox Automotive's mobility study. Access to mobility is necessary but owning a vehicle is not, according to 39% of respondents, which represents a 4% increase over 2015 results.
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Toyota Motor Corp. will invest $500 million Uber Technologies, Inc. to speed up efforts to bring an autonomous ride-hailing service to market. Each company will integrate its technology into purpose-built Toyota Sienna minivans that will be deployed on Uber's network.
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The average cost to own and operate a vehicle is $7,321 for 10,841 miles per year not including parking charges, and $10,049 with parking charges.
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Of the 55 self-driving vehicles Aptiv has in Las Vegas, 20 are being used by Lyft.
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Revv, a self-drive carsharing service, has partnered with Hyundai Motor Company to lead India's mobility market.
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Mass adoption of autonomous vehicles should begin ramping up in 2023 and will ultimately drive a shift in vehicle ownership from consumers to larger mobility service providers with large fleets of battery-electric, autonomous vehicles, according to a new study from Cox Automotive.
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Ford and Alibaba have agreed to collaborate on the development of a transportation mobility cloud service, which is designed in part to help large-scale fleet operators enhance vehicle connectivity and mobility for Chinese customers.
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Cox Automotive has established a new mobility services unit that combines existing businesses, such as its Flexdrive subscription service, with its acquisition of Clutch Technologies' subscription software platform to deliver fleet management solutions for mobility fleets, the company has announced.
Read More →The new Icon tier, which has been priced at $1,099 per month, provides a more affordable entry into the program than the two existing tiers and includes vehicles from its 3 Series and crossover lineup.
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Aptiv's technology powers safe and reliable AVs in cities worldwide with Las Vegas serving as the initial North American commercial deployment market.
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