As an environmentally minded college student in California, Logan Green led a campaign to raise campus parking rates to discourage driving. Some 15 years later, as CEO of Lyft, Mr. Green has continued to promote the idea of reducing automobile ownership. “It’s time to redesign our cities around people, not cars,” he and Lyft co-founder John Zimmer...
Uber and Lyft already compete in ride-hailing, ride-sharing, bike-sharing and e-scooters. Next year, they'll be competing for investors, too: Both companies are reportedly planning initial public offerings for early 2019.
For years, the companies have subsidized rides to keep costs low for customers. That fueled their growth, which in turn pumped up their expected...
Sharing rides is a longstanding tradition that predates even horse-and-buggy travel. Recent innovations, however, make sharing a ride easier, more convenient, and more efficient. Innovative mobility services premised on pooling — getting multiple riders into the same vehicle — can lower travel costs, mitigate congestion, and reduce greenhouse gas emissions. They also offer travelers more mobility choices...
