News
Uber and Hyundai plan to jointly develop electric air taxis
Uber Technologies and Hyundai Motor plan to jointly develop electric air taxis joining the race for flying cars to ease urban congestion. Read more…
Uber
News
India plans to order taxi aggregators to go electric
India plans to order taxi aggregators like Uber and Ola to convert 40% of their fleet of cars to electric by April 2026. Read more…
News
Grab-Uber deal fined again – this time in the Philippines
MANILA (Reuters) – The Philippines’ competition watchdog fined ride-hailing firms Grab and Uber Technologies on Wednesday, saying they consummated their merger too soon and that the quality of service dipped, becoming the second regulator in Read more…
News
Singapore fines Grab and Uber $9.5 million over merger
SINGAPORE (Reuters) – Singapore’s anti-trust watchdog fined ride-hailing firms Grab and Uber a combined S$13 million ($9.5 million) over their merger deal, and ordered Uber to sell vehicles from its local leasing business to any Read more…
News
Volvo unveils prototype electric robo-taxi
GOTHENBURG (Reuters) – Volvo Cars presented a fully electric robo-taxi on Wednesday, as the Geely-owned Swedish company races to meet an ambitious target for driverless vehicle sales with its Uber supply deal on hold. Besides Read more…
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Toyota invests $500m in Uber’s self-driving car program
(Reuters) – Toyota Motor Corp will invest $500 million in Uber to jointly work on developing self-driving cars, a source familiar with the matter said on Monday, a bid by both companies to catch up Read more…
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Singapore’s CCCS deems Grab-Uber merger anti-competitive
SINGAPORE (Reuters) – Singapore’s anti-trust body proposed fines on ride-hailing firms Grab and Uber, provisionally finding that their merger had reduced competition and suggesting remedies such as the sale of their car-leasing businesses. The Competition Read more…
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Uber sets sights on Japan with legit taxi-hailing pilot service
TOKYO (Reuters) – Uber Technologies plans to launch its first taxi-hailing pilot service in Japan that will connect passengers to other taxi providers, as it seeks to expand in the country where the US firm Read more…
News
Vietnam deepens antitrust probe into Grab-Uber SEA deal
HANOI (Reuters) – Vietnam’s Ministry of Industry and Trade said on Friday it had launched an in-depth investigation into ride-hailing company Grab’s takeover of Uber Technologies’ Southeast Asia business after an initial probe found it Read more…
Features
Friday Futures: the birth of innovation, flying taxis and drone swarms
Welcome to Friday Futures, our weekly guide to the latest visions of The Future from around the web. This week: the birth of innovation; smart doorbells; copper futures; flying taxis; drone swarms and the leaning Read more…