Some Actual Proof Uber Makes Money

One strong possibility is that Uber will never get more than a 5% market share because it offers a rather specialized service that only appeals to certain individuals. Another is that Uber has a much harder time competing with traditional cab companies than we have been told.

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GM’s Chevy Bolt the First Car Built for Ride Sharing

That means GM will have to get the base price of an electric vehicle down to around $25,000 to be competitive in the ridesharing market. If it did that, General Motors could become the market leader based on fuel economy alone.

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GM’s Bolt Plug-in Hybrid Concept No Threat to Tesla but Probable Moneymaker

The most interesting thing about the Bolt is its basic design: it can seat five, it has a lot of cargo space and the hatchback will make it is easy to load and unload. From that description, it sounds as if the Bolt is the first vehicle designed specifically for ride and car sharing.

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