Electric and driverless cars could boost Australia’s economy by $92 billion by 2050, a rise of two to three percent over projected GDP without new mobility, according to a new study.
Uber has made its debut as a public company, raising US8.1 billion (A$11.5 billion) with the completion of its initial public offering and listing on the New York Stock Exchange.
Global ride sharing giant Uber is set to go public with a listing on the New York Stock Exchange on Friday.
Holden is ramping up its Maven car-sharing business.
Stating the move "significantly expands driver earning potential" for Australian DiDi driver-partners as it delivers access to thousands of Chinese DiDi users in Australia, Chinese DiDi roaming has arrived.
Cashback shopping platform ShopBack has introduced a ride comparison feature into its app, allowing Australians to compare prices of Uber and Ola cabs, book a ride and even get money back.
Ride-sharing service Ola has launched in Melbourne and has flagged future launches in Brisbane and the Gold Coast, Canberra, Adelaide, Darwin and Hobart.
Uber is set to launch uberPOOL in Australia, following its introduction in other global markets in August 2014.
After a successful soft launch in Perth, the Indian ride-sharing company Ola is offering "free rides for a week to riders and increased earnings potential for driver-partners".
Popular Indian ride-sharing platform Ola is revving its engines with a planned entry into Australia in early 2018, and has put out the call for driver-partners in Sydney, Melbourne and Perth.
Innovation is driving the growth of the global ride-sharing industry with service providers and operators likely to pull in an estimated US$11 billion in revenue this year, increasing to US$19 billion in 2022.
Ride-sharing service Uber is partnering with safe drinking campaign DrinkWise to give away $1 million in ride discounts over the Christmas-New Year season as part of a campaign to help reduce deaths on the road.
Taxi payments company Cabcharge sees substantial opportunities for growth in taxi, rideshare and hire car trips in the current Australian market for these services, markets in which all taxi companies are under growing pressure from newcomer Uber.
Taxi payment company Cabcharge has levelled the primary blame for a decline in full year 2106 revenues at regulatory changes in the taxi industry as well as “aggressive” competition in the national taxi market.
Victoria will become the fifth state or territory in Australia to legalise Uber, after the state government did a deal with the Sex Party to work together on legislation to bring about the change in the law governing ride-sharing services.
Hamish Petrie, Ingogo’s founder and CEO supports yet questions the ACT Government’s upcoming taxi industry ride sharing reforms.
The Australian Taxi Industry Association (ATIA) says the ACT Government’s rushed uberX ride sharing decision is ‘flawed’, is a pitch for popularity and won’t pave the way.
The Moovit local transport app is now officially serving selected Australian cities following a beta period that attracted more than 200,000 users.
Ridesharing taxi disruptor Uber is slowly conquering the consumer market in Australia and New Zealand and it now has Cabcharge squarely in its sights, announcing Uber for Business.
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