Ford will begin testing self-driving cars in a new city in 2018

 Ford is ramping its autonomous vehicle program in 2018, with plans to expand testing its cars in a new city this year. This will serve a number of purposes, including helping partner autonomous platform partner Argo AI build out its self-driving tech, as well as helping to research further its dedicated AV vehicle design requirements. But it’s also going to allow Ford to test its new… Read More

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What it’s like to ride in a self-driving Lyft

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Riding in a self-driving Lyft car is way more boring than you’d expect. But that’s really the point.

The ride, which I took on the streets of Las Vegas at the outset of CES 2018, was only remarkable in how mundane it was. Turns, lane changes, braking for red lights, accelerating for green — it was all pretty much the same as if a human were doing the driving. Well, if it weren’t for the display on the dash showing a LiDAR-constructed view of the streets around us, and the robotic female voice that would occasionally chime in with a “lane change checking” or some other status update.

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Passport, the technology business for city transit systems, raises $43 million

 Passport, company that’s managing much of the technical aspects of how people pay to use public transportation resources in cities like London, Miami, and Los Angeles has just raised $43 million. The money, from Bain Capital Ventures, will go to help the company expand its payment and transaction services nationally and internationally as cities and states wrestle with how new… Read More

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Lyft hires first-ever VP of corporate development and investor relations

 Following Lyft’s recent $1.5 billion funding round, the company has decided to bring on board Kristina Omari as its first-ever vice president of corporate development and investor relations as it continues to grow. Omari also happens to now be the highest ranking black female executive at Lyft. Lyft, according to its June 2017 diversity report, has a leadership team that is just one… Read More

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Lyft’s self-driving pilot with nuTonomy begins rolling out in Boston

 Lyft is beginning its self-driving car pilot with self-driving car company nuTonomy in Boston as it looks to ramp up its self-driving efforts, and is now matching its riders with self-driving vehicles in parts of Boston, nuTonomy said today. Lyft announced its partnership with nuTonomy in June this year, indicating that the pilots would begin in the coming months. It looks like the project… Read More

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Nissan will kick off self-driving Leaf EV taxi service test in March

 Nissan is the latest automaker to make its autonomous vehicle testing intentions clear – it’ll begin a pilot of self-driving Nissan Leaf electric vehicles that can be hailed using a smartphone app much like an Uber or a Lyft, starting in March on Japanese roads. This isn’t something Nissan is doing alone – it’s working with Japanese software maker DeNA to create… Read More

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Lyft gained from Uber’s scandals, sees revenue triple

 Lyft appears to have benefited from Uber’s tough year. The U.S. rival has seen its revenue growth more than triple, according to a report from The Information.  The media outlet viewed financial reports, which showed Lyft brought in $483 million in revenue in the first half of 2017, compared to about $150 million in the same time frame last year. Read More

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GM and Cruise on track to field a self-driving ride hailing service by 2019

 GM and Cruise have articulated more specifically when they want to put their self-driving service on the roads, at today’s investor call for the company from San Francisco. GM said that they can make it happen within two years, with a fleet ready to go to work by 2019 based on the company’s current rate of progress. The commercial launch was previously revealed to happen within… Read More

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Lyft raising additional $500 million on top of recent $1 billion round

 Lyft is seeking to raise an additional $500 million, over and above the $1 billion it raised in a round led by Alphabet venture arm CaptialG last month. The $500 million is an extension of that round, the company told Axios, and is not yet closed. But it should add to Lyft’s overall valuation once closed, bringing its post-many total to $11.5 billion. The round extension would allow Lyft… Read More

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