CES 2020: Two Industry Chiefs Predict the Future of Mobility

Mobility was the focus of a day-long series of panels on Monday, which concluded with a session on the future of mobility, as seen through the eyes of General Motors chief marketing officer Deborah Wahl and Daimler Financial Services president/chief executive Klaus Entenmann. Wahl noted that the definition of mobility has always been “about the freedom to move and experience life on your own terms, via conventional vehicle shopping and ownership.” “We’re rethinking everything about the customer’s experience,” she said. Continue reading CES 2020: Two Industry Chiefs Predict the Future of Mobility

Alphabet, Uber and Lyft Take Actions to Promote Smart Cities

In October 2017, Alphabet debuted a partnership with Toronto to further the goals of a smart city. Dubbed Sidewalk Labs, Alphabet plans to observe and measure how people live, to optimize city streets. To that end, Alphabet just launched another venture under the Sidewalk Labs rubric, Coord, intended to utilize the company’s cloud-based platform to streamline transportation networks. Separately, ride-sharing competitors Uber and Lyft, with 13 other companies, signed a shared “mobility pledge” to enable more livable cities. Continue reading Alphabet, Uber and Lyft Take Actions to Promote Smart Cities

GM Debuts Maven, Program for Several Car-Sharing Initiatives

Electric cars, autonomous cars and ride-sharing are all disruptors in the automotive industry, but General Motors, for one, is focusing on taking advantage of opportunities in changing times. The company just launched Maven, a program that aggregates its various car-sharing efforts, with a team of 40 GM staff and others from Google, Zipcar and Sidecar, with the goal of developing additional car-sharing services. First up is a car-sharing trial in Ann Arbor, Michigan, focusing on the university community. Continue reading GM Debuts Maven, Program for Several Car-Sharing Initiatives

GM Invests $500 Million in Lyft and Partners on New Initiatives

Ride-hailing service Lyft announced yesterday that General Motors recently invested $500 million in the San Francisco-based startup. The investment represents half of Lyft’s latest venture financing round, which values the company at $4.5 billion. GM and Lyft will work together to develop an on-demand network of autonomous vehicles, taking on companies such as Google, Tesla and Uber in the process. In addition, the two companies are planning short-term car rental hubs that would provide work opportunities for potential Lyft drivers who do not have their own vehicles. Continue reading GM Invests $500 Million in Lyft and Partners on New Initiatives