All You Need to Know About Buying Rideshare Insurance

 All You Need to Know About Buying Rideshare Insurance

At a time when rideshare options have flooded the market, many are embracing the idea of taking it up as a side hustle. After all, it only takes an inspection and a few copies of documents to get a person started.

So, hopped on to the ridesharing bandwagon already? If the answer is yes, there’s a bunch of stuff you need to know - maintenance protocols, rating system, pricing, and most importantly, insurance.

A rideshare driver makes $18.15 per hour on average, and even the slightest of the accidents could devour months of savings.

We know your pre-ride checklist is already long, but we can’t stress enough about the importance of getting rideshare insurance. Read on to find out more.

From 0 to 120K Stations: The ChargePoint Growth Story

 From 0 to 120K Stations: The ChargePoint Growth Story

When ChargePoint came into existence in 2007, it wasn’t building EV infrastructure for the few hundred electric vehicles that were on roads at the time.

Rather, it was focused on the long term goal of serving a million EVs that would be sold in the following decade. Cut to 2021, ChargePoint becomes the largest independently-owned EV manufacturer and a reason why the millions of sustainable rideshare options are thriving!

Now, the company is filing for an IPO through SPAC with a valuation of $2.4 billion. With already $660 million coming from multiple rounds of funding, ChargePoint is seeking to replenish its coffers with another $493 million from the stock market.

Another good news came when California, the biggest EV market in the US, announced that they would ban the sale of internal combustion engines by 2035.

What’s Next for Blink Charging’s Stations

What’s Next for Blink Charging’s Stations

As of February 2021, Blink has entered into an agreement with Ballantyne Strong for adding EV charging stations in all its affiliate cinema screening venues. It’s the latest partnership among a series of deals and acquisitions made by the EV charger company.

Big names such as Johnson & Johnson, Burger King, Whole Foods, and McDonald’s have already committed to sharing infrastructure and property space so that Blink can spread its wings without spending on real estate.

In what was received as a unique move, the company also tied up with many colleges and universities across America. With this in place, students and faculty members of those institutions will be able to plug their cars in before heading for a class!

Furthermore, all the prospective locations are expected to come with local load management systems to optimize the time taken for charging. It means that a single-car would be able to draw power a lot quicker than five of them.

How Tesla’s Charging Stations Set the Stage for its EVs

 How Tesla’s Charging Stations Set the Stage for its EVs

Gone are the days when people used to go looking for Chevy’s economy cars to save costs in the long run! It is all about EVs, rideshare options, and anything that can be associated with the words ‘green’ or ‘sustainability.’

Thanks to the growing concern for the environment and Tesla’s capabilities, the auto manufacturer has managed to sell close to 500K EVs in 2020 alone. Now, what does Tesla do differently to leave competitors like Chevy, Nissan, and BMW behind by a mile?

The answer lies in its charging stations - the flagship Superchargers! Read on to understand how it is impacting Tesla’s sales significantly.

Everything You Need to Know About QuantumScape

Everything You Need to Know About QuantumScape

Maybe you’ve noticed the trend already, but electric vehicles have been a hot topic for a while. QuantumScape has decided to join the hype and create its own solid-state lithium-ion batteries for electric vehicles. This American-based corporation started in 2010 with its creators, Jagdeep Singh and Professor Fritz Prinz of Stanford University.

Recently, the company decided to go public, and its share prices were a topic of debate. In this rideshare blog post, we will learn more about the company, its technology, and discover more about the fluctuations in its stock price.

5 Ridesharing Benefits for a Better Future

5 Ridesharing Benefits for a Better Future

The question that arose when shared rides became a thing is, “Does ridesharing have a future?”. Ridesharing companies such as Uber, Drover, and Lyft might be just what we need at the moment.

More and more people are giving up on car ownership nowadays. The number of people who are opting for this urban mobility solution is getting higher by the day. The decrease in vehicle ownership in the US from 2010 to 2019 was 0.4.

4 Reasons Why Ridesharing Will Skyrocket in 2021

4 Reasons Why Ridesharing Will Skyrocket in 2021

In the past couple of years, the ridesharing community has skyrocketed. Before, taxis and public transportation were a preferred method of traveling for individuals who don’t own a car or a license.

However, a lot has changed since then with the popularization of rideshare services such as Lyft and Uber. Now, users were faced with an equally convenient form of transportation that was much cheaper than traditional taxis.