At an event this week in Washington, DC, Uber’s CEO announced a number of new initiatives and partnerships, reinforcing the company’s strategy of expanding beyond its core business as a ride-hailing service.
Transportation revolutions occur every 50 years. Could the world now be experiencing the beginning of a new paradigm with ride-sharing, autonomous vehicles, electric vehicles, and similar emerging technologies?
Ride-hailing’s popularity has prompted some consumers to delay or avoid buying their own personal vehicle. The rapid growth in ride-sharing, along with the potential of AVs, may have a profound effect on fuel consumption.
Factors other than ridesharing carry more weight behind the surge in VMT. Lower pump prices, economic growth, and rising household income are underpinning increased travel.
The suggested dramatic reduction in urban vehicle purchases is not corroborated by U.S. Census data on household vehicle ownership.
Critics may argue that the self-driving car phenomenon is premature, but as choices for drivers and commuters grow, attitudes will eventually shift, particularly with new technology expected to ease congestion, boost efficiency, and reduce traffic accidents.
There’s a natural paradox when it comes to innovation—it often brings unexpected benefits to society, but it can also cause disruptions and upheavals, creating particular risks in the labor market. Experts discuss the risks and rewards of autonomous vehicles on the country's economy.
The unexpected victory of President-elect Donald Trump this month overshadowed other major election developments, including the approval of billions of dollars in new mass transit and infrastructure projects across the nation. How will self-driving vehicles affect these and other infrastructure developments?
With autonomous cars, China has to deal with some of the same hurdles as the U.S., but so far surveys show a greater willingness among the public there to use the new technology.
Tech giant Google is launching a ride-sharing service this fall that will allow commuters in San Francisco to link up with each other to essentially carpool together. If it takes off and spreads to other cities, it could go a long way in weeding out inefficiencies in our transportation system.