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Ride-Sharing’s Future? It May Sit on Electric Motorbikes [The New York Times]

Infosys Limited American Depositary Shares (INFY) 
Last infosys limited american depositary shares earnings: 4/21 04:00 pm Check Earnings Report
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Ride-Sharing’s Future? It May Sit on Electric Motorbikes - The New York Times Technology | Ride-Sharing’s Future? It May Sit on Electric Motorbikes ment Supported by By Vindu Goel May 5, BANGALORE, India — In Uber’s vision of the future, self-driving cars will whisk us everywhere, eliminating the need for its millions of human drivers. But as the ride-hailing giant prepares to sell as much as $10 billion in stock Several start-ups — backed by big Silicon Valley venture firms and Uber’s Indian competitor, Ola — are betting that shared “two-wheelers” are better suited to wallets and transportation needs than the cars that are the heart of the ride-hailing industry. The traditional model of Uber and Ola is reaching its limits, said Vivekananda Hallekere, a co-founder and the chief executive of Bounce “You can’t make it affordable with a driver,” Mr. Hallekere said. “And if users know how to use a scooter, why do you need a driver?” By focusing on the large swath of people who cannot aff Show less Read more
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