WASHINGTON — Ride hailing company Lyft, which recently jumped into the dockless electric scooter business in D.C., has completed its planned acquisition of Motivate, the company that operates the city’s long-established public docked bike operator Capital Bikeshare.
San Francisco-based startup Lime has spent the last year scattering an assortment of brightly colored scooters and bikes around American cities, arguing such services will reduce car use and traffic problems. But even Lime can’t quite sever ties with the automobile. St...
The rise of autonomous vehicles will cause a tectonic shift in the mobility industry―and incumbents must evolve along with it. Toptal Insights shares how automakers can position themselves to flourish in the new era of mobility.
The ride-hailing giants provided more than 91,000 rides on an average day in the second quarter of this year, according to ridership reports the companies filed with the city of Seattle. They are on pace to provide more than 31 million trips this year.