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Addison Lee goes truly global with £ 50m acquisition of Tristar Worldwide

Addison Lee goes truly global with £ 50m acquisition of Tristar Worldwide

Addison Lee, the dominant private hire operation in the UK, acquired Tristar Worldwide for £50 million ($ 66 m, € 59 m) creating Europe’s largest executive car service and ensuring a global presence through Tristar’s operations in the US, Asia and continental Europe. Andy Boland, Addison Lee’s CEO told Private Driver: “This is a major(…)

Uber positions its China app as more than a ride-hailing service

Uber positions its China app as more than a ride-hailing service

At TechCrunch Shanghai, Uber China VP of Operations and Regional General Manager of Central China Kate Wang showed off Uber’s new vision for China — one that includes two new offerings, UberLIFE and Uber + Travel, which will roll out across China this year. With this step Uber is repositioning its app as an all-in-one(…)

Technology and cars are coming together

Technology and cars are coming together

The line between the technology and automotive industries is blurring. The rise of rideshare companies such as Uber and Lyft means that transportation is being tied ever more closely to your cell phone, while autonomous driving technology is turning your car into a computer. But these developments are expensive: Carmakers’ R&D budgets jumped 61 percent,(…)

“Taxis and PHV must reinvent and serve new business areas”

“Taxis and PHV must reinvent and serve new business areas”

Clear message from international conference Taxi & Mobility Update: “Taxis and PHV must reinvent and serve new business areas” Even though new taxi and PHV regulation may include a level playing field, it will also provide more space for new forms of mobility like ride hailing. That’s why the taxi and PHV industry must reinvent(…)

car2go starts in Brussels

car2go starts in Brussels

car2go, the car-sharing provider which is part of the Daimler Group, will be opening its 31st international location in Brussels in October 2016. The world’s largest free-floating car-sharer starts up business with 300 vehicles in an area covering around 50 km² in the city of Brussels. As usual, car2go will be using almost exclusively smart(…)

First year of growth in demand for Public Transport in the EU since the crisis

First year of growth in demand for Public Transport in the EU since the crisis

According to a new study by the UITP, the International Association of Public Transport, based in Brussels, Belgium, the use of public transport in the EU has reached its highest level since 2000, with a total of 57.9 billion journeys made in 2014. 2014 was the first year of distinct growth in demand for public(…)

Autonomous driving disrupts industry and prompts safety gains and growth opportunities

Autonomous driving disrupts industry and prompts safety gains and growth opportunities

Autonomous Driving advances at fast pace, opening up various revenue streams across industries, discusses a panel debate at Frost & Sullivan’s ‘Intelligent Mobility’ event in London on June 29th. The mobility industry is at the cusp of realizing the vision of driverless cars and, along with that, accident free transportation. The automation technology roadmaps of(…)

Skeptics of self-driving cars span generations

Skeptics of self-driving cars span generations

Jeffrey Miller, an associate professor of engineering practice, was a participant in a survey about autonomous driving. He had reservations. The technology to make autonomous cars a reality may be ready, but American drivers don’t seem to be. From smartphone-addicted teenagers to researchers designing the next generation of self-driving vehicles, there’s a fair amount of(…)

Visa says we’re about to see a huge jump in international travel

Visa says we’re about to see a huge jump in international travel

The boom in global travel is driving a huge increase in new tourism infrastructure development, which will make access easier and more affordable to more destinations, especially in emerging markets. But we will point out that the China and Russia numbers feel especially optimistic.   More than 280 million households globally will make at least(…)

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