Ride-hailing in Metro Vancouver: Uber, Lyft, Sidecar - emerging technologies

[Firebrand]

Originally Posted by WarrenC12

Oh, a Nissan press release praising Nissan?

Sure, their only Electric model has outsold individual Tesla models. Tesla has sold more cars than Leafs, period. In less than 6 months the Model 3 will have sold more than all Leafs around the world, despite only being available in North America:

https://www.statista.com/statistics/502208/tesla-quarterly-vehicle-deliveries/

I'm not a Musk fanboy, but I can't stand the complete lack of facts in your argument.

Even then, it’s still not profiting from its sales. It evens says it on the source you cited.

Despite the automaker’s consolidated revenue, Tesla Motor’s net loss in 2017 increased to more than 1.9 billion U.S. dollars. This can be seen as a sign of the company's increased investments into innovative new models and production ramp-up.

Tesla needs to cut some R&D spending and mass produced the Model 3 to recover its net loss. The biggest automakers have enough money on their budget for R&D spending without going to the red, save for General Motors.

[moosejaw]

Lets back up to the Leaf being the worlds best selling electric car
What you have failed to disclose is that the Leaf has had a several year advantge over its competition such as Tesla. If youcomapre 2018 figures worldwide.....more Model 3 vehicles have moved than Nissan's Leaf. I believe the Leaf stil has a 100mile charge?

[CanSpice]

Originally Posted by moosejaw

Lets back up to the Leaf being the worlds best selling electric car

How about we back up to Uber and Lyft in BC instead? Leaf or Tesla being the best selling car has nothing to do with the actual thread topic.

[WarrenC12]

Originally Posted by Firebrand

Even then, it’s still not profiting from its sales. It evens says it on the source you cited.



Tesla needs to cut some R&D spending and mass produced the Model 3 to recover its net loss. The biggest automakers have enough money on their budget for R&D spending without going to the red, save for General Motors.

How can you possibly compare 100+ year old companies, many of which received massive public bailouts, with a 10 year startup that is ramping up at rates rarely ever seen outside of technology.

Of course they are profiting from sales. Each car that rolls off has a good gross margin. I think you might need a refresh on how business and accounting works, and what various levels of spending, debt load, etc. really mean.

[Firebrand]

Originally Posted by CanSpice

Leaf or Tesla being the best selling car has nothing to do with the actual thread topic.

That topic is better discussed in r/Technology.

[red-paladin]

I agree, let's get back on topic.

[WarrenC12]

Back on Topic:

These rules are a complete joke. Caved in to the taxi cartel 100%.

[VancouverOfTheFuture]

Originally Posted by WarrenC12

These rules are a complete joke. Caved in to the taxi cartel 100%.

what are the rules? i think i missed that in the last page or 2.

[CanSpice]

Originally Posted by VancouverOfTheFuture

what are the rules? i think i missed that in the last page or 2.

Must have Class 4 license. Must have new insurance that ICBC's going to take the next year to come up with. Any "transportation network company" will be regulated by the Passenger Transportation Board, which forces new companies to prove the market is ready for them and allows existing companies to argue why it isn't. The PTB could set caps on the number of cars operating under a transportation network company, which is currently regulated by municipalities.

Vaughn Palmer has a good synopsis of all of the hurdles that the legislation puts up that could result in some pretty long delays for Uber and Lyft entering the market in BC.

[Migrant_Coconut]

Originally Posted by WarrenC12

Back on Topic:

These rules are a complete joke. Caved in to the taxi cartel 100%.

They need the cartel's vote to stay in power. I don't like it, but I understand.

[whatnext]

Originally Posted by WarrenC12

Back on Topic:

These rules are a complete joke. Caved in to the taxi cartel 100%.

Rules aren't necessarily a bad thing. Should some grandpa driving Uber fall under the same insurance you do as a private vehicle operator?

[Changing City]

Originally Posted by whatnext

Rules aren't necessarily a bad thing. Should some grandpa driving Uber fall under the same insurance you do as a private vehicle operator?

Or great grandpa. Which is not to say he shouldn't be driving (if he's safe), but he should have appropriate insurance. And vehicle checks.

[aberdeen5698]

Originally Posted by Migrant_Coconut

They need the cartel's vote to stay in power. I don't like it, but I understand.

Good grief, how many votes do you think the cartel controls, anyway? The taxi industry is one of the most unpopular kinds of business in the city, I can't believe that politicians who voted to allow competition would suffer in the polls.

Back room dealing and kickbacks might explain their subservience - but surely not votes.

[mezzanine]

Originally Posted by WarrenC12

Back on Topic:

These rules are a complete joke. Caved in to the taxi cartel 100%.

the rules make sense to me. Before uber kicked out its piratical CEO travis kalanick it really was a chaotic free-for-all. They've made some improvements since (like limiting driving shifts to 12 hrs/day) but would you trust rideshare companies, or any company that involves road safety, to regulate themselves?

Unfettered rideshare growth would also lead to more traffic congestion and less transit use. If ppl say you should look at transport as a holistic system (bikes vs cars vs pedestrians vs transit), you should look at taxi/rideshare the same way.

[scryer]

Originally Posted by WarrenC12

These rules are a complete joke. Caved in to the taxi cartel 100%.

Agreed.

Way too much red tape in this country and Uber is a shining example of it. Even some developing nations have it.

[WarrenC12]

It's not about the insurance people, it's about the government settings rates, and number of vehicles. It's just another cab company now.

Let the market sort it out. If people want to be stuck in gridlock, all the power to them.

[mezzanine]

Originally Posted by WarrenC12

It's not about the insurance people, it's about the government settings rates, and number of vehicles. It's just another cab company now.

Let the market sort it out. If people want to be stuck in gridlock, all the power to them.

I think the free market has already shown us what would happen. spoiler alert - the majority of the cost of rideshare would be transferred to the most disadvantaged people.

In other words, the true amount that the average Uber driver makes, net of all costs, is probably about $10 an hour. That varies by location, of course. But there are relatively few places in the U.S. where you can live a decent life on $10 an hour. You certainly can’t support a kid on that -- working 40 hours a week for that amount would put you right around the federal poverty line for a family of two.

...

In the short run, people are subject to all sorts of behavioral biases. In the long run, they wise up. As of 2017, about 96 percent of Uber drivers stopped driving for the company within a year. Some of these were probably using the ride-hailing app as temporary work in between more formal employment, or as a side gig. But surveys suggest that drivers are simply not able to make as much money as they expected. In fact, the Federal Trade Commission accused Uber of misleading drivers about how much they could earn, and Uber settled for $20 million in early 2017.

[Migrant_Coconut]

Originally Posted by aberdeen5698

Good grief, how many votes do you think the cartel controls, anyway? The taxi industry is one of the most unpopular kinds of business in the city, I can't believe that politicians who voted to allow competition would suffer in the polls.

Back room dealing and kickbacks might explain their subservience - but surely not votes.

Enough in the right places.

B.C. Election 2017: South Asians helped hand eight ridings to the NDP

The B.C. Liberals lost all eight Metro Vancouver ridings with large South Asian populations, with political observers saying the governing party failed to connect with voters on both regional issues and worries specific to South Asians.

South Asians felt particularly betrayed by the B.C. Liberals’ approach to the trucking and taxi industries in which South Asians are predominant, said Kwantlen Polytechnic University political scientist Shinder Purewal and prominent radio host Harjit Singh Gill...

...The B.C. Liberals’ promise in March to support the arrival of Uber, the ride-hailing service, also aggravated many South Asian taxi drivers, said Gill and Purewal.

Former B.C. Liberal cabinet minister Peter Fassbender, who lost the riding of Surrey-Fleetwood to the NDP’s Jagrup Brar, was particularly targeted for his failure to come through on transportation worries, said Purewal.

It's part taxis, part bridge tolls, part lack of classrooms, part cancelled hospital. The thing to take away is that the New Democrats are probably going to wuss out on anything that might push swing voters back to the Libs.

[s211]

Originally Posted by scryer

Even some developing nations have it.

Even Edmonton has it, for a number of years now IIRC.

[aberdeen5698]

Originally Posted by Migrant_Coconut

Enough in the right places.

Well you make a good point, although I'm still skeptical...