Ridesharing company in the context of Vehicle for hire


Ridesharing company in the context of Vehicle for hire

⭐ Core Definition: Ridesharing company

A ridesharing company (or ridehailing service) is a company (or service offered by a company) that, via websites and mobile apps, matches passengers with drivers of vehicles for hire that, unlike traditional taxis, cannot legally be hailed from the street. In most cases, the company sets fares, which may vary using a dynamic pricing model based on local supply and demand at the time of the booking and are quoted to the customer in advance, and receives a commission from each booking. The vehicles used in ridesharing/ridehailing service are called app-taxis or e-taxis.

Ridesharing companies were first founded in the 2010s following the proliferation of the Internet and mobile apps. In the 2020s, a few companies began offering rides in robotaxis.

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Ridesharing company in the context of Autonomous car

A self-driving car, also known as an autonomous car (AC), driverless car, robotic car or robo-car, is a car that is capable of operating with reduced or no human input. They are sometimes called robotaxis, though this term refers specifically to self-driving cars operated for a ridesharing company. Self-driving cars are responsible for all driving activities, such as perceiving the environment, monitoring important systems, and controlling the vehicle, which includes navigating from origin to destination.

As of late 2024, no system has achieved full autonomy (SAE Level 5). In December 2020, Waymo was the first to offer rides in self-driving taxis to the public in limited geographic areas (SAE Level 4), and as of April 2024 offers services in Arizona (Phoenix) and California (San Francisco and Los Angeles). In June 2024, after a Waymo self-driving taxi crashed into a utility pole in Phoenix, Arizona, all 672 of its Jaguar I-Pace vehicles were recalled after they were found to have susceptibility to crashing into pole-like items and had their software updated. In July 2021, DeepRoute.ai started offering self-driving taxi rides in Shenzhen, China. Starting in February 2022, Cruise offered self-driving taxi service in San Francisco, but suspended service in 2023. In 2021, Honda was the first manufacturer to sell an SAE Level 3 car, followed by Mercedes-Benz in 2023.

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Ridesharing company in the context of Vehicles for hire

A vehicle for hire is a vehicle providing private transport or shared transport for a fee, in which passengers are generally free to choose their points or approximate points of origin and destination, unlike public transport, and which they do not drive themselves, as in car rental and carsharing. They may be offered via a ridesharing company.

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Ridesharing company in the context of Yandex

Yandex LLC (Russian: Яндекс, romanizedYandeks, IPA: [ˈjandəks] ) is a Russian technology company that provides Internet-related products and services including a web browser, search engine, cloud computing, web mapping, online food ordering, streaming media, online shopping, and a ridesharing company.

Yandex Search is the largest search engine in Russia with an estimated 72% market share in Russia and a 2.8% market share worldwide. Yandex Taxi is the largest ridesharing company in Russia.

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Ridesharing company in the context of Robotaxi

A robotaxi, also known as robot taxi, robo-taxi, self-driving taxi or driverless taxi, is an autonomous car (SAE automation level 4 or 5) operated for a ridesharing company.

Robotaxis operated in an autonomous mobility on demand (AMoD) service could be one of the most rapidly adopted applications of autonomous cars at scale and a major mobility solution, especially in urban areas. They could have a positive impact on road safety, traffic congestion and parking. Robotaxis could also reduce urban pollution and energy consumption, since these services will most probably use electric cars and for most of the rides, less vehicle size and range is necessary compared to individually owned vehicles. The expected reduction in number of vehicles means less embodied energy; however energy consumption for redistribution of empty vehicles must be taken into account. Robotaxis would reduce operating costs by eliminating the need for a human driver, which might make it an affordable form of transportation and increase the popularity of transportation-as-a-service (TaaS) as opposed to individual car ownership.

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