Experts Weigh in on Autonomous Vehicle Ownership and Financing

  • Emma Sandler
  • June 21, 2017
Auto financing is here to stay when autonomous vehicles arrive on the road, but private ownership may be mixed in with fleet operators like rideshares or OEMs, according to panelists at a Reuters Newsmakers event yesterday, titled Self-driving cars: the Future of Autonomous Vehicles. The experts were asked by Mobility Finance what the model of ownership will […]

Future of Mobility, Part II: Rise of AVs Means Decline in Loan Volumes

  • Emma Sandler
  • June 20, 2017
With the rise of autonomous vehicles, loan volumes, as well as underwriting procedures, are posed to undergo a significant change. A Deloitte study explored the possible impact of self-driving vehicles on auto finance, and found that $500 billion in new loans and leases are originated annually, with 86% of new car purchases and 55% of used ones relying on […]

moovel’s Latest Tech Brings Company Closer to Dominating Future Transit Payments

  • Emma Sandler
  • June 19, 2017
moovel, a provider of multi-modal transportation solutions, launched a mobile fare validation and calculation platform called Fare Connect last week, bringing the company one step closer to becoming the single point of entry and payment for all transit options in the future. Fare Connect is a hardware agnostic service that allows transit agencies to implement new fare validation systems, […]

Who Will Own The Autonomous Vehicle Rideshare?

  • Emma Sandler
  • June 13, 2017
The car you drive to work has a steering wheel, a floor pedal, an infotainment system, and an emotionally intelligent AI system that can understand your driving patterns and preferences. But when you arrive to work, you don’t park your car. Instead, you get out and the car continues moving forward autonomously, on its way […]

Autonomous Cars to Prompt ‘Tipping Point’ in Insurance, Experts Say

  • Natalie Mattila
  • June 8, 2017
DETROIT — As vehicles enter into full autonomy, there will be a “tipping point” in the insurance industry, Mariel Devesa, head of product innovation at Farmers Insurance, said yesterday at TU-Automotive Detroit. The “tipping” point will be marked with a “shift” between personal policies and commercial policies, she said. In the short-term, the cost of insurance […]
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