GM Financial Joins Hyperledger to Test Blockchain

  • Emma Sandler
  • December 22, 2017
General Motors Financial Co. has joined as a general member of Hyperledger — an open-source collaborative effort from the Linux Foundation created to advance cross-industry blockchain technologies. Blockchain is the same technology used by cryptocurrencies such as bitcoin, and provides secure online data transfers by allowing sensitive financial data to be transmitted electronically without an […]

EVs, Driverless Cars Spark Most Interest From Millennials, Chase Finds

  • Natalie Mattila
  • December 20, 2017
Millennials are showing the most interest in purchasing an electric or autonomous vehicle over other age groups, according to a recent study conducted by Chase Auto Finance. Chase found that 43% of millennials are likely to purchase an electric vehicle, as compared to 37% of consumers ages 35 to 44; 20% of consumers ages 45 […]

Waymo Partners With Insurance Startup to Roll Out Ride-hailing Service

  • Emma Sandler
  • December 19, 2017
Following Waymo’s announcement in November that it would launch a commercial ride-hailing service in 2018, Waymo has partnered with a startup to provide the proper insurance. Waymo currently operates a beta ride-hailing service to the public in Phoenix, Ariz., and will be work with Danville, Calif.-based Trov to provide on-demand trip insurance customized for passengers of Waymo’s soon-to-be-launched […]

China Rideshare Didi Plans to Expand Into Carsharing

  • Emma Sandler
  • December 13, 2017
Didi Chuxing, China’s ridesharing behemoth, plans to expand into other mobility services including car-sharing, Cheng Wei, the founder and chief executive, said at China’s annual World Internet Conference in Wuzhen last week. The Beijing-based company intends to enter the car-share market with an initial investment of at least $151 million, Wei said, adding that users will be able to […]

Renault-Nissan Captive Relaunches Mobility Platform Karhoo

  • Emma Sandler
  • December 13, 2017
After RCI Bank and Services purchased a majority share in the startup Karhoo in January, the bank is restarting the mobility aggregator’s operations. RCI Bank and Services is a French bank that provides automotive financing and services for the Renault-Nissan Alliance brands. As a ground-transit mobility aggregator, Karhoo will have over 150,000 vehicles available worldwide on its platform by […]
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