The Metropolitan Washington Council of Governments (COG) kicked off a new season of anything-but-car travel Wednesday by approving funds for alternative transportation projects and accepting a plan to stretch this year’s “Car Free Day” into two days.
- Between Uber and Lyft, millennials are spending upwards of $100 a month on ridesharing services in some cities.
- Money managing app Empower surveyed 50,000 users across the US to determine how much millennials pay for Uber and Lyft per month in 29 cities.
- Uber and Lyft were born in San Francisco and users there spend the most.
Getting around major metropolitan areas can be hard on foot and at times unbearable using underground transportation. Ridesharing apps like Uber and Lyft thrive in areas with a highly concentrated population — and some millennials are spending over $100 a month to use them.
Tech giants Uber and Google-parent Alphabet offered their blessing to the red-hot electric scooter industry this week. The companies announced on Monday that they are leading a group of investors pumping $335 million into scooter-sharing startup Lime in a fundraising round that values Lime at a whopping $1.1 billion.
The news came on the same day as reports that rival scooter startup Bird had raised roughly $300 million, for a valuation north of $2 billion. Another scooter company, San Francisco-based Spin, is reportedlyraising $125 million in blockchain-based funds.
Between those massive valuations and a deluge of recent media attention, Lime and Bird are two of the biggest names in the burgeoning scooter market. But are these buzzy startups really worth billions of dollars?
WASHINGTON — D.C. Mayor Muriel Bowser, Police Chief Peter Newsham and District Department of Transportation Director Jeff Marootian announced a host of preparation plans ahead of next week’s MLB All-Star Game — which include road closures, new parking restrictions, and transit changes.
“It’s a big summer for sports fans in Washington,” Bowser said. “As always, throughout the All-Star Week festivities, our goal is to ensure the safety of residents and visitors.”
Newsham said the city and its police department are ready with increased staffing of both uniformed and plain clothed officers to monitor activity around All-Star related events and closures.
WASHINGTON — A powerful business group that has thrown its support behind Metro funding and toll lanes from Richmond to Baltimore is now calling for changes to unify how we pay to get around.
In a document being released Monday, the Greater Washington Partnership asks transportation systems across the region to unify payments in a single interchangeable way that would allow one-click planning and purchase of a trip that could feature bike share, scooters, Metro, commuter rail and buses.
“What we want, ultimately, is one seamless integrated platform for folks to be able to plan for and pay for a trip across all public and private transport options in the capital region of Baltimore to Richmond,” the group’s Transportation Policy Director Joe McAndrew said.