I am the Nightrider. I’m a fuel injected suicide machine.

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After one too many snowstorms, Boston tech executive Larry Kim had had it with shoveling out his car and struggling to find parking. So in 2014 he ditched his Infiniti luxury sedan and began commuting by Uber and Lyft—at an annual cost of as much as $20,000. I would never go back to owning a car,” says Kim […]

Auto sales in the U.S., after four record or near-record years, are declining this year, and analysts say they may never again reach those heights. […] IHS sees the biggest impact of mobility services coming in China. Auto sales there plunged 18 percent in January, an unprecedented seventh consecutive monthly decline, as commuters rapidly embraced ride-hailing. Last year, 550 million Chinese took 10 billion rides with the Didi ride-hailing service. That’s twice as many rides as Uber provided globally in 2018. “Increasing numbers of Chinese are opting for mobility as a service over car ownership,” wrote Michael Dunne, CEO of automotive researcher ZoZo Go. […]

Replacing a taxi driver with a robot cuts 60 percent from a ride’s cost, making travel in a driverless cab much cheaper than driving your own car.

{ Bloomberg | Continue reading }