Tag: Motoring

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Ride-hailing rental startup Splend to transition Australian car fleet to electric

Australia may take another small step in the switch to electric cars if an ambitious $40m plan by the ride-hailing rental startup Splend to transition its fleet takes off. The company has said it will swap its petrol-driven cars in the UK for 1,000 electric vehicles by the end of the year, with half the…
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March 30, 2021 0

‘Peak hype’: why the driverless car revolution has stalled

By 2021, according to various Silicon Valley luminaries, bandwagoning politicians and leading cab firms in recent years, self-driving cars would have long been crossing the US, started filing along Britain’s motorways and be all set to provide robotaxis in London. 1 January has not, however, brought a driverless revolution. Indeed in the last weeks of…
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January 3, 2021 0

Uber pledges £5m toward electric vehicle charging points in London

Uber has pledged to invest more than £5m in public electric vehicle charging infrastructure in some of the poorest boroughs in London, to help persuade its reluctant drivers to switch to electric cars. The global ride-hailing firm will announce the investment, which it admits is only a fraction of the money needed, as it seeks…
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October 19, 2020 0

Uber’s self-driving car unit valued at $7.3bn as it gears up for IPO

Uber’s self-driving car unit has been valued at $7.3bn (£5.6bn), after receiving $1bn of investment by a consortium including Toyota and Saudi Arabia’s sovereign wealth fund.


April 19, 2019 0