Space Industry and Business News  
CAR TECH
With IPO due, Uber aims to be 'Amazon of transportation'
By Glenn CHAPMAN
Santa Monica, United States (AFP) March 3, 2019

Uber, the ridesharing behemoth set to launch a stock offering soon, is aiming beyond sharing car rides to becoming the "Amazon of transportation" in a future where people share instead of owning vehicles.

Uber laid out its vision of a transformed world of personal mobility as it steered toward a keenly anticipated stock market debut that will follow an initial public offering of shares by US rideshare rival Lyft announced on Friday.

"Cars really were, for us, a kind of starting place," said transportation policy and research chief Andrew Salzberg at an Uber media event in Santa Monica, California.

"Once we've built this platform for mobility there are a whole host of business lines we can build beyond that."

The Southern California beach city was teeming with electric scooters and bicycles from Uber and rivals that may be checked out with a smartphone app.

"The idea that every time you walk outside there is this electric, fun-to-ride vehicle waiting to take you to your next destination is really incredible," said Nick Foley, head of product for Jump, the electric bike startup acquired by Uber.

"It's more than just an app to book a bike; it's an app where you can have reliable micro mobility booking or a could book a car if the weather isn't nice."

Foley believed that a shift to mobility as a smartphone-summoned-service will alter lifestyles as dramatically as did the mass market debut of the automobile.

- Smartphone transit hub -

Combining electric motors with light-weight scooters or bicycles, and having them on streets to be used on demand, provides an ideal method of getting around in traffic-troubled cities, according to Uber.

Electric bicycles and scooters can get people efficiently to destinations in congested downtowns, where they can switch to public transit or car ride sharing at their convenience.

Uber's effort to be an all-encompassing platform for getting around includes adding e-scooter rival Lime and city transit services to its smartphone application, along with improving features designed to get people to travel together instead of riding solo.

The California-based startup's collaboration with cities includes sharing anonymous traffic flow data with officials in charge of public transit, bicycle lanes, parking and road planning.

Uber is also integrating transit schedules into its app, and will soon add a way to pay fares as well.

"We can't really be the Amazon for transportation without the biggest mode of transportation out there, which is public transport," said Uber transit team leader David Reich.

"The vision is to be an all-in-one app for all your transportation needs."

If all goes to plan, commuters could ride an e-scooter to a transit station, take a train then grab an e-bike, ride share or e-scooter at the arriving station to complete a journey.

Uber chief executive Dara Khosrowshahi has made a priority of working with transit agencies, according to Reich.

- 'Mega-cultural shift' -

Jump has leapt into 16 US cities, and planned to expand internationally this year beginning in Europe, according to founder and chief executive Ryan Rzepecki.

"I think we are in year zero of a 10-year, mega-cultural shift," Rzepecki said.

E-scooters and dockless bikes arriving on streets of US cities have caused complaints, safety concerns, and the need for laws to reign in reckless riding.

"For as much cultural change we have been seeing in cities, I think the pushback has been incredibly low," Rzepecki said, however.

He was excited to get Jump into Europe, where he felt cities were more inclined to be designed with bicycling in mind.

Uber is also taking to the sky with an Elevate project to have electric aircraft carry people between "skyports," taking off and landing vertically.

Director of vehicle systems engineering Mark Moore, who spent decades at NASA, joined Uber a little more than two years ago.

"We are one of the very big, bold bets that is coming up with a whole new choice of transportation in cities faced with gridlock really grinding them to a halt," Moore said of Elevate.

He expected experimental flights next year, with Uber putting Elevate aircraft into service in Dallas, Los Angeles, and a soon-to-be revealed third US city by 2023, pledging to make this an affordable travel option.

"We have zero interest in doing this for the elites," Moore said.

"This is all about designing a nodal transport system that meets the needs of cities."

Uber's platform moves cargo as well as people, with a "Freight" service that connects truckers with shippers in a way similar to how drivers connect with people seeking rides.

Uber is also seeing growing success with an "Eats" service that lets drivers make money delivering meals ordered from restaurants.

Uber is the largest and most prominent of the "sharing economy" startups that are on the cusp of transforming several industries, and its IPO could be a milestone for the trend.

"When Uber goes public it will be a vote of confidence on the sharing economy but also a vote confidence on the company," said New York University professor Arun Sundararajan.


Related Links
Car Technology at SpaceMart.com


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


CAR TECH
UK car output slumps on China slowdown, Brexit: data
London (AFP) Feb 28, 2019
The number of cars built in Britain tumbled almost a fifth in January, industry data showed Thursday, rocked by China's slowdown and the threat of a no-deal Brexit. In a gloomy plot twist, James Bond's favourite carmaker Aston Martin revealed plans to set aside up to 30 million pounds ($40 million, 35 million euros) to help weather potential Brexit disruption. The Society of Motor Manufacturers and Traders (SMMT) meanwhile said UK car production dived 18.2 percent to 120,649 vehicles last month compar ... read more

Comment using your Disqus, Facebook, Google or Twitter login.



Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

CAR TECH
Astronauts Assemble Tools to Test Space Tech

Navy completes tests on mine-hunting sonar system

Egypt to host Huawei's first MENA cloud platform: Cairo

A quantum magnet with a topological twist

CAR TECH
Raytheon awarded $406M for Army aircraft radio system

Lockheed Martin to develop cyber electronic warfare pod for UAVs

Britain to spend $1.3M for satellite antennas in light of Brexit

Reflectarray Antenna offers high performance in small package: DARPA

CAR TECH
CAR TECH
Orolia launches the world's first Galileo enabled PLB

Angry Norway says Russia jamming GPS signals again

Kite-blown Antarctic explorers make most southerly Galileo positioning fix

Magnetic north pole leaves Canada, on fast new path

CAR TECH
US Navy's version of F-35 jet 'ready for combat'

Boeing awarded $428M for modifications to P-8A Poseidon

Air Force conducts first F-35A forward refueling operation in exercise

U.S. Navy declares F-35C ready for combat

CAR TECH
Immunizing quantum computers against errors

Understanding high efficiency of deep ultraviolet LEDs

Terahertz wireless makes big strides in paving the way to technological singularity

Spintronics by 'straintronics'

CAR TECH
D-Orbit Signs Contract for launch and deployment services with Planet Labs

On its 5th Anniversary, GPM Still Right as Rain

KBRwyle Awarded $19M to Perform Flight Ops for USGS Satellite

SNoOPI: A flying ace for soil moisture and snow measurements

CAR TECH
Crop residue burning is a major contributor to air pollution in South Asia

Australia steps up Solomons oil spill help as damage worsens

Innovative nanocoating technology harnesses sunlight to degrade microplastics

Italy's polluted Po Valley gasps for fresh air









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.