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New Ride-Hailing Service Hovr Challenges Uber and Lyft in Toronto

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Harrison Amit, CEO of Toronto-based Hovr, announced the launch of a revolutionary ride-hailing service aimed at disrupting the industry. Hovr, which begins operations today, plans to challenge giants like Uber and Lyft by offering drivers 100% of the fare through a unique $20 monthly membership model.

This approach, which contrasts with the percentage cut from fares by existing companies, has already attracted 5,000 drivers and 25,000 potential customers. Amit’s ambition is to expand Hovr into a national brand within a year, leveraging the discontent within the ride-hailing sector over pay and working conditions.

Want to know more? Check out the source code on CBC.ca.

Toronto’s Waabi Joins Forces with Uber Freight for Autonomous Freight Transport

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Autonomous trucking startup Waabi has partnered with Uber Freight for a decade-long venture, committing substantial driverless capacity to Uber’s network.

Waabi’s initial phase involves commercial pilots transporting goods between Dallas and Houston. They plan to introduce a “Driver-as-a-Service” model, allowing carriers to opt into the Uber Freight marketplace using Waabi’s driver technology.

Waabi’s AI-driven approach, utilizing the Waabi World simulator, enables rapid deployment and scaling. This collaboration marks Waabi’s first public commercial partnership, showcasing their ambitious entry into the market.

Want to know more? Check out the source code on TechCrunch.