General Motors (GM) is the latest automaker to jump on to the smart mobility bandwagon. The way automakers see it, the incipient industry, is still ripe for vertical integration. That is why GM initiated the process of expressing interest in the emerging market in the first month of this year. It started with a $500 million investment into Lyft. The only ride-sourcing opponent that is even on Ub
General Motors recently invested $500 million into the lesser know ride sourcing competitor to Uber; Lyft. Beyond, the auto group’s apparent move into the ride sourcing business, the union was said to be instigated mostly out of the necessity to establish an infrastructure for the autonomous auto inevitability. Though it went without saying that there would also be some overlaps in terms of ride s
Lyft, as many may or may not know, is Uber’s main competitor. They have established themselves as Diet Uber, all the same great taste, just without Kalanick. One Kalanick is evil enough. He’s not actually evil, but he does loosely resemble a successful workaholic. While Lyft has an efficacy rate equal to that of Uber (one could even argue that it is better due to a lack of scandals (or at least
Over the course of seven years, automakers have been forced to address this new smart mobility movement, because Uber has been so successful that to ignore its influence is to ensure failure (ask taxi companies worldwide). Given the magnitude of the Uber’s impact, it is guaranteed to be one of the many companies mentioned in history books. There is no doubt about it, it will join the ranks of cor
Smart mobility is now being used to describe the new developments that the share economy has forced upon the auto industry. Basically, it is learning to mobilize more effectively using the internet. Using an app to: hail a cab, share autonomous autos, rent a car or find a multi-modular route to reach a certain destination; all fall under smart mobility. Companies know that this new concept will s
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