Enterprise Edges into Self-Driving Car Market
U.S. rental car giant Enterprise Holdings Inc. is the latest company to venture into the world of self-driving vehicles.
#economics
U.S. rental car giant Enterprise Holdings Inc. is the latest company to venture into the world of self-driving vehicles.
The company has agreed to handle maintenance for a 12-vehicle autonomous ride-hailing fleet operated by Voyage Auto Inc. The year-old startup, which is based in Santa Clara, Calif., is deploying automated shuttles that operate solely within in retirement communities in California and Florida.
Autonomous vehicles pose a potential threat to car rental companies. But Enterprise tells Bloomberg News it is taking a cautious approach to the technology, which it doubts will have a significant impact on personal transportation for at least a decade.
RELATED CONTENT
-
On Ford Maverick, Toyota Tundra Hybrid, and GM's Factory Footprint
GM is transforming its approach to the auto market—and its factories. Ford builds a small truck for the urban market. Toyota builds a full-size pickup and uses a hybrid instead of a diesel. And Faurecia thinks that hydrogen is where the industry is going.
-
Ford and Autonomy
Ford’s announcement last week in Silicon Valley came as something of a surprise.
-
Lyft to Pay Focus Group Not to Use Their Cars
Ride-hailing firm Lyft Inc. is launching a pilot program in Chicago that will offer participants financial incentives not to drive their own vehicles for a month.