The electrification of cars on the road is sweeping the auto industry as pressure mounts to reverse the impact of climate change and now the Big Apple is getting in on the action.
New York City is proposing requirements for ridesharing services like Uber and Lyft to have 100 percent electric vehicle fleets by the year 2030. Mayor Eric Adams made the announcement and expects the NYC Taxi and Limousine Commission to oversee the regulatory changes.
The move garnered some initial support from executives at both Uber and Lyft.
"We are excited to partner with New York City on our journey," Paul Augustine, director of sustainability at Lyft, said in a statement. "New York's commitment will accelerate an equitable city-wide transition to electric, and we're eager to collaborate with TLC on an ambitious plan for rideshare clean mile standard."
The announcement already aligns with Lyft's intentions for electrification. In 2020, the service shared plans to have a fully electric fleet — in more places than New York City — by 2030.
Two years ago Uber announced plans to electrify its entire global fleet by 2040 and by 2030 in the U.S., Canada and Europe.
"We applaud the Mayor's ambition for reducing emissions, an important goal we share," Josh Gold, senior director of policy at Uber, said in a statement. "Uber has been making real progress to become the first zero-emissions mobility platform in North America, and there's much more to do."
As both Lyft and Uber operate through independent contractors, the difficulty of getting drivers to switch to electric would be addressed with incentives such as bonuses offered by the companies and infrastructure investments by the city.
Apple has taken down an app that uses crowdsourcing to flag sightings of U.S. immigration agents after coming under pressure from the Trump administration.
Former Cisco Systems CEO John Chambers learned all about technology’s volatile highs and lows as a veteran of the internet’s early boom days during the late 1990s and the ensuing meltdown that followed the mania. And now he is seeing potential signs of the cycle repeating with another transformative technology in artificial intelligence. Chambers is trying take some of the lessons he learned while riding a wave that turned Cisco into the world's most valuable company in 2000 before a crash hammered its stock price and apply them as an investor in AI startups. He recently discussed AI's promise and perils during an interview with The Associated Press.
Tesla reported a surprise increase in sales in the third quarter as the electric car maker likely benefited from a rush by consumers to take advantage of a $7,500 credit before it expired on Sept. 30. The company reported Thursday that sales in the three months through September rose 7% compared to the same period a year ago. The gain follows two quarters of steep declines as people turned off by CEO Elon Musk’s foray into right-wing politics avoided buying his company’s cars and even protested at some dealerships. Sales rose to 497,099 vehicles, compared with 462,890 in the same period last year.
OpenAI could now be the world’s most valuable startup, ahead of Elon Musk’s SpaceX and TikTok parent company ByteDance, after a secondary stock sale designed to retain employees at the ChatGPT maker. Current and former OpenAI employees sold $6.6 billion in shares to a group of investors, pushing the privately held artificial intelligence company’s valuation to $500 billion, according to a source with knowledge of the deal who was not authorized to discuss it publicly. The valuation reflects high expectations for the future of AI technology and continues OpenAI’s remarkable trajectory from its start as a nonprofit research lab in 2015.
Tom’s Guide Editor-in-Chief Mark Spoonauer breaks down Apple & Amazon's latest product drops—what's hot, what's hype, and what really matters for users.
Police in Northern California pulled over a self-driving Waymo taxi after it made an illegal U-turn. But without a driver behind the wheel, they could not issue a moving violation ticket.
With satellites already in orbit, defense contractor L3Harris is standing by to accelerate Trump's executive order. We take an inside look at the technology
Electronic Arts, the video game maker of “Madden NFL,” “The Sims,” and other popular titles, is being acquired and taken private for about $52.5 billion in what could become the largest-ever buyout funded by private-equity firms.
