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Uber owns no cars
Say you’re an urbanite who made the decision to leave the perils and unexpected expenses of car ownership begin and rely only on your phone. A money-saving choice? Not necessarily, according to a study the American Automobile Association. Drawing information from numerous studies, AAA’s report looks at the cost of owning a vehicle versus the cost of replacing those same trips with a ride-hailing app and infrequent car rental. It’s not even close, but, as the saying goes, your mileage may vary. The study focused only on urban dwellers, who, according to a previous study, drive an average of 10,841 miles annually. As we’re dealing with averages here, the vehicle in question is a medium-sized sedan. Amassing data from the AAA Foundation for Traffic Safety, the study found the average cost of ownership for this faceless sedan (including maintenance, fuel, insurance, vehicle payments) amounts to $7,321 a year, or $10,049 after factoring in parking charges. If those … [Read more...] about Feeling Average? Study Shows Owning a Car Is Still the Cheapest Way to Get to Your Destination In a Car
When Uber and Lyft first entered the market, offering a ride-hailing service that would come to include tens of thousands of amateur drivers, most major U.S. cities had been tightly controlling the competition. New York City allowed exactly 13,637 licenses for taxicabs. Chicago permitted 6,904, Boston 1,825 and Philadelphia 1,600. These numbers weren’t entirely arbitrary. Cities had spent decades trying to set numbers that would keep drivers and passengers satisfied and streets safe. But the exercise was always a fraught one. And New York City now faces an even more complex version of it, after the passage of legislation this week that will temporarily cap services like Uber and Lyft. The city plans to halt new licenses for a year while it studies the impact of ride-hailing and establishes new rules for driver pay. In doing so, it renews an old question: What’s the right number of vehicles anyway? The answer isn’t easy because it depends largely on which problem … [Read more...] about What’s the right number of taxis (or Uber or Lyft cars) in a city?
DRIVERS could be made to take another driving test to own driverless cars, a report claims. Brits might require a new driving licence to prove they can handle autonomous tech, which is due to hit UK roads by 2021. The warning has been sparked over safety fears when cars hand back control to drivers. Drivers were found to take between two and three seconds to regain control of a car when it switched from autonomous to manual mode, at speeds ranging from 20mph to 50mph. At the faster speed that was enough to travel 45 metres with nobody in control. And the study said insurers may even set premiums based on how well drivers can regain control - with older drivers who may have slower reactions charged more. New laws may even prevent owners from napping, reading or watching films in self-driving cars, according to the study. RED Driving School CEO Ian McIntosh said it was likely the driving test and Highway Code would need to be overhauled for new tech. He added: "There are still a number … [Read more...] about Brits could have to get a NEW licence and take another driving test to own driverless cars
A month after an Uber-owned autonomous car struck and killed a pedestrian in Arizona, the ride-hailing giant is stepping back into the limelight to announce it wants to be everything. No, really. On Wednesday, the company announced it’s expanding a newly-acquired bike-sharing service, launching a new car-sharing service, and planning to let Uber users buy public transit fare through its smartphone app. Uber announced earlier this week that it had acquired Jump, a dockless bike-sharing service, but the new moves laid out by CEO Dara Khosrowshahi represent a “new direction” for the beleaguered company. And instead of fighting cities—a longstanding tradition for Uber—Khosrowshahi says he wants to work with them. How nice. “That’s why we want to provide alternatives to personal car ownership by bringing together multiple modes of transportation right in our app,” he wrote in a blog post Wednesday. After acquiring Jump this week in a … [Read more...] about Uber Wants To Be Everything Now