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Investors cheer as Lyft’s Q1 revenue didn’t fall as much as expected

Investors gave Lyft’s value a small bump Tuesday after the American ride-hailing company reported results that weren’t quite as bad as the company, and Wall Street had expected. Shares of the Uber competitor rose as much as 4.5% in after-hours trading following the disclosure of its financial performance from the first three months of the year. As of the time of writing those gains have fallen to a smaller 2.5% gain. Turning to its results, Lyft’s revenue fell 36% to $609 million in the first qu...
Tags: Transportation, Lyft, Uber, London, Tech, Automotive, Electric Vehicles, Earnings, Toyota, Rideshare, Ride Hailing, EBITDA, U S Munich, Woven Planet Holdings, Palo Alto California Lyft, Screenshot Lyft More


London-based EV maker Arrival soars 10% after announcing a vehicle-development partnership with Uber

Arrival product chief Tom Elvidge. Arrival Shares of London-based electric automaker Arrival soared Tuesday after the company struck a deal with Uber to develop a vehicle for ride-hailing drivers. Arrival said the car will reduce emissions as Uber has pledged for its London-based service to go fully electric by 2025. The Arrival Car's design is expected to be shown by the end of 2021. See more stories on Insider's business page. Shares of London-based electric automaker Arrival s...
Tags: Transportation, Electric Vehicle, Uber, Europe, London, Cars, Trends, Markets, North America, Air Quality, Emissions, Eastern Europe, Ev, Carla Mozee, Climate Crisis, Arrival


The Station: Lyft sells its self-driving unit, Uber makes a big product push and Revel jumps into ride-hailing

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hi there, new and returning readers. This is The Station, a weekly newsletter dedicated to all the ways people and packages move (today and in the future) from Point A to Point B. We took a week off and now we’re back. Whoop. Let’s catch up on all things transportation. My email inbox is always open. Email me at [email protected]
Tags: TC, Lyft, Uber, Europe, Elon Musk, UK, New York, London, Washington, Senate, Ipo, New York City, US, America, Los Angeles, Linkedin


Lyft sells self-driving unit to Toyota’s Woven Planet for $550M

Ride-hailing company Lyft has sold off its autonomous vehicle unit to Toyota’s Woven Planet Holdings subsidiary for $550 million, the latest in a string of acquisitions spurred by the cost and lengthy timelines to commercialize the technology that have occurred within the autonomous vehicle industry. Under the acquisition agreement announced Tuesday, Lyft’s so-called Level 5 division will be folded into Woven Planet Holdings. Lyft will receive $550 million in cash with $200 million paid upfront....
Tags: Transportation, Lyft, London, Tech, Automotive, Toyota, Autonomous Vehicles, Las Vegas, Hyundai, Zimmer, John Zimmer, Toyota Research Institute, Palo Alto California, Motional, Higashi Fuji, Aptiv


MV Agusta Releases 1 Of 1 Motorcycle To Celebrate Grand Opening of London Store

The London Dragster How do you make an already expensive motorcycle even more expensive? MV Agusta knows the answer to this question better than anyone; they have a knack for making super-rare editions of their standard motorcycles for the world to view in amazement. The Italian motorcycle manufacturer just opened its store in London dubbed “Sloan Avenue Store 3.0”, and in celebration of this accomplishment commissioned a 1 of 1 Dragster. This special ‘Dragster London Special’ comes fitted wit...
Tags: UK, London, Motorcycles, Jack, AgustA, Motorcycle News, MV Agusta, MV Agusta Dragster, MV Agusta 1 of 1, London Store, Sloan Avenue Store, Jack The Alcantara


David Beckham Makes His Debut as Maserati Brand Ambassador

Automotive brand Maserati has released a new campaign featuring its new global ambassador, David Beckham. Directed by Harmony Korine, the "Detour" spot from Droga5 London shows Beckham playfully driving in circles in one of the brand's SUVs. It aims to relay "the style, technology and exclusivity" of Maserati, the company said in a statement. BCW...
Tags: London, Advertising, Creative, Automotive, David Beckham, Beckham, Maserati, Harmony Korine


The Station: The biggest SPAC ever and reading the micromobility permit tea leaves

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hi there, new and returning readers. This is The Station, a weekly newsletter dedicated to all the ways people and packages move (today and in the future) from Point A to Point B. Before jump into micromobbin’ and the rest, I wanted to point you to another Extra Crunch piece, this time a deep dive into second-life batteries. As Aria Alamalh...
Tags: Apple, Amazon, TC, Transportation, Verizon, London, Washington, Mexico, China, Germany, Berlin, India, New York City, Tech, Bloomberg, Vienna


Job postings hint at winners of NYC and London e-scooter pilots

A batch of job listings along with some suggests that scooter companies such as Lime and Superpedestrian are gearing up to operate in London and New York City — two of the last remaining frontiers of shared scooter services. A review of job listings, company websites and LinkedIn shows that Lime and Dott are preparing to launch in London, while Lime, Superpedestrian and maybe even Spin are getting ready for New York. While the job posts don’t provide definitive proof that these companies have ...
Tags: TC, Transportation, Europe, UK, New York, London, New York City, Linkedin, Tech, Automotive, United States, Ford, United Kingdom, New Jersey, Bird, Olympic Park


Volvo’s Ad About the ‘Ultimate Safety Test’ Has a Dramatic Twist and a Vital Message

LONDON--When you think of Volvo, you probably think of it as a family car, thanks to all the ad dollars it has poured into messaging around safety. In its latest global ad, from agency Grey, the car brand goes on the hunt for "the ultimate safety test." The TV, online and digital spot, which has...
Tags: London, Climate Change, Advertising, Automotive, Volvo, AdFreak


The Station: Breaking down TuSimple’s S-1

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hi friends and new readers, welcome to The Station. A few items before we jump into the news. Rebecca Bellan, who started writing for TechCrunch earlier this month, is going to be contributing to the micromobbin’ section as part of her focus on ebikes, scooters and other personal mobility vehicles. Reach out to her at [email protected]
Tags: Apple, Transportation, London, Microsoft, California, Washington, Senate, Russia, Berlin, San Francisco, Tech, Tesla, Ces, Automotive, United States, Gm


The Best Motorcycles of the 1950s

The 1950s was an interesting decade for the motorcycle industry. As countries began to show signs of economic improvement after the devastation of World War II, motorcycle manufacturers could begin to innovate in new directions. While affordable mobility was still an important part of a motorcycle’s design, the humble motorcycle was slowly being replaced by cheaper and more attractive cars as a means of transportation. Sidecars were on the way out, and the rise of the automobile was in full swin...
Tags: Japan, London, US, Css, Rome, Britain, Motorcycles, Ducati, Marlon Brando, Tokyo, Gran Turismo, Bmw, Honda, Harley Davidson, Triumph, Hanoi


Berlin’s Blacklane raises $26M to expand its high-end chauffeur-driven sustainable car service

As the Ubers of the world continue to scale, a smaller on-demand transportation startup has raised some funding in Germany, underscoring the opportunities that remain for startups in the space targeting specific service niches. Blacklane — the Berlin startup that provides on-demand black-car chauffeur services in Berlin, London, Dubai, Los Angeles, New York, Paris, Singapore and 16 other cities — has closed a round of €22 million ($26 million at current rates). After taking a majority stake in H...
Tags: TC, Transportation, Uber, Europe, London, Germany, Berlin, Funding, Tech, Automotive, Jaguar, GreenTech, Uae, Daimler, Recruit Holdings, Teslas


The Station: Via makes a $100M acquisition and a chat with GM about battery tech

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox.  Hi friends and new readers, welcome back to The Station, a newsletter dedicated to all the present and future ways people and packages move from Point A to Point B. I changed things up this week to make room for an interview we had with Mike Lelli, senior manager of advanced battery cell technology over at GM. That means I don’t have the t...
Tags: TC, Transportation, London, Remix, Massachusetts, Israel, San Francisco, Tech, Ses, Mit, Automotive, Vw, Electric Vehicles, Gm, Volkswagen, General Catalyst


The Station: Lucid Motors, Joby Aviation take the SPAC path and Sergey Brin’s airship ambitions

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox.  Hi friends and new readers, welcome back to The Station, a newsletter dedicated to all the present and future ways people and packages move from Point A to Point B. In last week’s newsletter, I described some of the changes coming to TechCrunch’s transportation coverage, including “market maps.” These articles, which run will always run in...
Tags: Amazon, Transportation, New York, London, Pinterest, Montana, Saudi Arabia, Germany, India, Linkedin, Tech, Walmart, Bloomberg, Automotive, Vw, Ford


Rare Rides: The Beautiful 1969 AC Frua Cabriolet

Today’s Rare Ride was in production for nine years, but never reached triple-digit figures in its sales. Let’s check out this hand-crafted British beauty. AC is one of the oldest living independent British car firms and traces its roots back to London in 1901. Originally known as Auto Carriers, Ltd., the company has gone through […] The post Rare Rides: The Beautiful 1969 AC Frua Cabriolet appeared first on The Truth About Cars.
Tags: London, Autos, Ac, AC Frua Cabriolet, Auto Carriers Ltd


Elon Musk said it was ‘Not a Flamethrower’

After two days locked up in an Italian prison, American Max Craddock was finally able to make his case to a judge. “It’s not a weapon of war,” his lawyer told the investigating magistrate. “It’s a toy they sell to children.” Craddock had been arrested in the Sardinian port city of Olbia in June 2018 after trying to board a private party bus with a collectible flamethrower from Elon Musk’s latest startup, The Boring Company. Craddock had painted his flamethrower black, and written on it the name ...
Tags: Gadgets, Transportation, Europe, Elon Musk, London, Los Angeles, Tech, Tesla, Long, Fbi, Canada, Automotive, Pennsylvania, United States, Italy, Manchester


Uber expands green rides option to 1,400 cities

Uber has expanded a program that incentivizes drivers to use all-electric and hybrid vehicles to more than 1,400 cities in North America including Austin, Houston, Miami and New York City as part of the ride-hailing company’s broader plan to become a zero-emission platform by 2040. The program, known as Uber Green, gives customers the option to request an EV or hybrid electric vehicle. Drivers receive an extra $0.50 from a $1 rider surcharge for every Uber Green trip completed. Uber said Tues...
Tags: Transportation, Uber, London, New York City, Los Angeles, San Francisco, Tech, Automotive, Mexico City, Avis, Sydney, North America, Mumbai Uber, Austin Houston Miami


Oxbotica raises $47M to deploy its autonomous vehicle software in industrial applications

While the world continues to await the arrival of safe, reliable and cost-effective self-driving cars, one of the pioneers in the world of autonomous vehicle software has raised some substantial funding to double down on what it sees as a more immediate opportunity: providing technology to industrial companies to build off-road applications. Oxbotica, the Oxford, England startup that builds what it calls “universal autonomy” — flexible technology that it says can power the navigation, perception...
Tags: Startups, TC, Transportation, Europe, England, London, Microsoft, Tech, Cisco, Nasa, Artificial Intelligence, Automotive, Autonomous Vehicles, Cto, Newman, Posner


How four European cities are embracing micromobility to drive out cars

The coronavirus pandemic is acting as a catalyst for urban transformation across Europe as city authorities grapple with how to manage urban mobility without risking citizens’ health or inviting gridlock by letting cars flood in. Micromobility and local commerce are being seen as both short and long-term solutions for urban revival in a number of cases. We’ve run down key policy developments in four major cities, Paris, Barcelona, London and Milan, which — at varying speeds — are pushing to reth...
Tags: Europe, UK, New York, Milan, London, France, Government, San Francisco, Tech, Spain, Bloomberg, Barcelona, Policy, Automotive, Paris, Italy


The Station: Waymo makes its safety case, AV partnerships abound and the rising cost of FSD

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every Saturday in your inbox. Welcome back to The Station, a newsletter dedicated to all the present and future ways people and packages move from Point A to Point B. It was a busy week in the world of transportation, particularly around automated vehicle technology. Let’s get to it. Email me at [email protected] to share thoughts, criticisms, opinions o...
Tags: TC, Transportation, Uber, Twitter, Europe, New York, London, New York City, Los Angeles, Tech, Tesla, Thailand, Automotive, Brooklyn, Electric Vehicles, Netherlands


The Station: Waymo makes it safety case, AV partnerships abound and the rising cost of FSD

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every Saturday in your inbox. Welcome back to The Station, a newsletter dedicated to all the present and future ways people and packages move from Point A to Point B. It was a busy week in the world of transportation, particularly around automated vehicle technology. Let’s get to it. Email me anytime at [email protected] to share thoughts, criticisms, of...
Tags: TC, Uber, Twitter, Europe, New York, London, Los Angeles, Tech, Tesla, Thailand, Automotive, Brooklyn, Electric Vehicles, Netherlands, Arizona, Gm


Speed Read: 18 October, 2020

A tasty mix this week, with an old school BMW bobber from the Bavarian forests, an absolutely mint BSA Rocket 3 on eBay, a Spanish Thruxton build with a hydraulic bodywork lift, and news of a custom build-to-order scheme from Royal Enfield. BMW R100 CS by Woidwerk Love it or loathe it, there’s a timeless quality to the classic BMW boxer engine. Which gives builders plenty of flexibility when setting the vibe of a bike. This very, very ‘old school’ build comes from Ralf Eggl of Woidwerk, w...
Tags: UK, England, London, India, Porsche, Motorcycles, Bmw, Portland Oregon, Honda, Harley Davidson, Continental, Bsa, Mercedes Benz, Chennai, Ralf, Malle


CornerStone United: Reviews, Coverage, and Cost (2020)

Affiliate disclosure: Automoblog and its partners may be compensated when you purchase the products below. CornerStone United Review In Our Opinion: CornerStone United provides protection programs for cars, homes, and marine products. The provider holds an A+ rating from the Better Business Bureau (BBB), and the companies that underwrite its contracts each have at least an A- AM Best financial strength rating, indicating a strong industry reputation. We like CornerStone United’s many...
Tags: London, California, Customer Service, Canada, Autos, Edmunds, Ac, Tom, U S, HVAC, John B, Better Business Bureau BBB, Vehicle Ownership, Carchex, AM Best, Kristin McClure


Cazoo, the UK used car sales portal, raises another $311M, now valued at over $2B

A lot of people are opting to use cars instead of taking public transportation in the UK at the moment, as a way of ensuring more social distancing, and today one of the startups that’s built a more efficient way of selling and buying cars is announcing a big round of funding. Cazoo, which provides an app-based way to browse and buy used cars (it’s modeled on the likes of Vroom in the US), has picked up £240 million ($311 million). The funding comes only six months after the company raised $116 ...
Tags: Amazon, Startups, TC, Europe, UK, London, US, Tech, Netflix, Automotive, Used Cars, Alex, Blackrock, Amazon Prime Video, Lovefilm, Vroom


Cazoo, the UK used car sales platform, raises another $311M, now valued at over $2.5B

A lot of people are opting to use cars instead of taking public transportation in the UK at the moment, as a way of ensuring more social distancing, and today one of the startups that’s built a more efficient way of selling and buying cars is announcing a big round of funding. Cazoo, which provides an app-based way to browse and buy used cars (it’s modeled on the likes of Vroom in the US), has picked up £240 million ($311 million). The funding comes only six months after the company raised $116 ...
Tags: Amazon, Startups, TC, Europe, UK, London, US, Tech, Netflix, Automotive, Used Cars, Alex, Blackrock, Amazon Prime Video, Lovefilm, Vroom


Cazoo, the UK used car sales portal, raises another $311M, now valued at over $2.5B

A lot of people are opting to use cars instead of taking public transportation in the UK at the moment, as a way of ensuring more social distancing, and today one of the startups that’s built a more efficient way of selling and buying cars is announcing a big round of funding. Cazoo, which provides an app-based way to browse and buy used cars (it’s modeled on the likes of Vroom in the US), has picked up £240 million ($311 million). The funding comes only six months after the company raised $116 ...
Tags: Travel, Amazon, Startups, TC, Europe, UK, London, US, Netflix, Automotive, Used Cars, Alex, Blackrock, Amazon Prime Video, Lovefilm, Vroom


Speed Read: A weekly dose of the latest motorcycle news

After exactly two hundred editions of Bikes of the Week, we’re retiring the format and switching things up a little. Our new weekend roundup is called Speed Read, and we’ll be featuring news snippets as well as a steady stream of custom bikes. That doesn’t mean we’ll be featuring 200 hp sportbikes, but we will be showing a few more classics, reporting on interesting new gear, and keeping you abreast of upcoming events and shows. Let us know what you think—and drop us a line if you spot anythi...
Tags: UK, London, Dave, New Hampshire, Motorcycles, Bmw, Honda, Havana, Daytona, Triumph Bonneville, Skram, Iron Air, Wes Reyneke, Latest Motorcycle News, Edinburgh Triumph, Michael Eichler


Done right: Rick Hannah’s Kawasaki W650 desert sled

My father was fond of the saying, “If you want a job done right, do it yourself.” And that’s the first thought that popped into my head when I saw this sublime Kawasaki W650 desert sled from England. It comes from London-based Rick Hannah, who builds under the amusing moniker of Dirty Dick’s Motos. Rick is the perfect example of a self-taught man. He used to live in Johannesburg, South Africa, and hang out with Marnitz Venter—whose lovely vintage Triumph bobber we featured a year ago. But...
Tags: UK, England, London, Motorcycles, Cornwall, Customs, Aston Martin, Dick, Continental, Harley, Kawasaki, Rick, Harrison, Joburg, JOHANNESBURG South Africa, Custom Motorcycles


Guilty Pleasures: Pink McLaren 570S Obliterated in London

There are swaths of London that are famous for drawing in the most ostentatious supercars in existence, often with one of them pin-balling itself down a row of parked cars in a high-end neighborhood. This is especially true in the summer months, when foreign business magnates seeking milder climates unleash their children onto the city. […] The post Guilty Pleasures: Pink McLaren 570S Obliterated in London appeared first on The Truth About Cars.
Tags: London, Supercars, Autos, Mclaren, Crashes, News Blog, 570S, GUILTY PLEASURES, Supercar Crashes, Pink McLaren


Bike Shed and Indian Motorcycle Create Co-Branded Apparel

To Celebrate the Los Angles Location The Bike Shed Motorcycle Club in London is a famous spot for the motorcycling community. It’s where folks go to chat everything bikes and have a bite to eat and a beverage. The well-known spot is now opening up a new location in Los Angeles’ Arts District. This will be the second location for the Bike Shed Motorcycle Club. To celebrate the soon-to-open Bike Shed Los Angeles, Indian Motorcycle and Bike Shed teamed up to do a co-branded collection, including s...
Tags: London, Los Angeles, Motorcycles, Indian, Los Angeles Arts District, Reid Wilson, Motorcycle News, Indian Motorcycle, Bike Shed Motorcycle Club, The Bike Shed, Indian Motorcycle Create Co Branded Apparel, Bike Shed Los Angeles Indian Motorcycle



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