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Uber comes up with its Flexible Pricing Service
Uber, a well-known ride-hailing company, is now testing its flexible pricing service, which lets commuters bid a specific fee for their route, in a number of Tier 2 and Tier 3 towns in India.A representative for Uber stated in a statement, "We are currently piloting this feature in some of the tier 2 and 3 markets in India.Additionally, Uber Flex is being tested in Latin America, Kenya, and Lebanon. In contrast to Uber's conventional pricing structure, Flex lets users choose from nine pricing points and bid any amount they like, with a default price already chosen.Drivers in the vicinity can then accept or decline the ride based on the fare that the passenger has chosen.In a similar vein, drivers can quote their charges to the user. The ride is finalized once they select the driver whose offer most appeals to them. Currently, users of inDrive, another ride-hailing app, can manually enter a certain fare. In Drive announced its intention to use the $150 million it raised in February of last year to assist its ongoing growth as well as customer acquisition and retention. Uber is working on a new feature called "Uber Flex" that would let Indian customers select the fare that suits them best. The function, which is presently undergoing testing in a number of Indian locations, is anticipated to allay worries about rising ticket prices. The Uber Flex function was first tested in October of last year, according to a TechCrunch article. The Uber Flex feature was tested in several Indian cities, including Aurangabad, Ajmer, Bareilly, Chandigarh, Coimbatore, Dehradun, Gwalior, Indore, Jodhpur, and Surat. Uber informed the publication, "We are currently piloting this feature in some of the Tier 2 and 3 markets in India."
Maharashtra Pink E-Rickshaw Scheme for Women to Launch Soon
Maharashtra Pink E-Rickshaw Scheme:- The Maharashtra government is about to launch a revolutionary program i.e., Maharashtra Pink E-Rickshaw Scheme to support women’s employment and safety. To address environmental concerns, the plan calls for the deployment of e-autos and the introduction of Pink Rickshaws in 10 major cities, including Mumbai city, Mumbai suburb, Thane, Panvel, Nagpur, Navi Mumbai, Pune, Pimpri-Chinchwad, Chatrapati Sambhaji Nagar, and Nashik. Read below to check the detailed information related to Maharashtra Pink E-Rickshaw Scheme 2024.Maharashtra Pink E-Rickshaw Scheme, 2024 Maharashtra Pink E-Rickshaw Scheme, led by women, will soon be available in ten Maharashtra cities, including Mumbai, Navi Mumbai, Thane, Pune, and Nagpur. The Women and Child Department presented a strategy to Deputy Chief Minister and Finance Minister Ajit Pawar.Dr. Prashant Narnaware, the commissioner of the Department of Women and Child Development, has proposed 5,000 pink rickshaws for the program's first year. Under this scheme, the government would subsidize unemployed women by 20% so they can buy rickshaws; they will pay 10% of the entire cost, with bank loans covering the other 70%.Goa, Lucknow, and Surat have already seen the introduction of similar e-rickshaws. Although the idea of women operating rickshaws is not new, the government has already created the Aboli Rickshaw program exclusively for women, with no financial support. Bank loans covered 85% of the vehicle's cost, requiring applicants to pay only 15% of the entire cost. Nonetheless, the Aboli Rickshaw program was unsuccessful, and aboli rickshaws are rare in Maharashtra today.
According to Tata Motors, industry EV sales growth in India is expected to moderate to 40–45%.
"EV growth was starting from a very low base two years ago. It grew by almost 100% in the previous year, but the base is now expanding. By the end of this financial year, it will be around 90,000 to 1 lakh. On thishigh base, I think the growth (industry) would moderate to about 40% to 45%," Chandra said. Delhi, New: According to a top company official on Wednesday, Tata Motors anticipates that the industry sales growth of electric vehicles in India will moderate to 40–45% this year as the base grows. Four more EV models will be released this year, according to Tata Motors Passenger Electric Mobility Ltd Managing Director Shailesh Chandra, whose company launched Punch.evon on Wednesday.
Discovery Sport 2024 is priced at Rs 67.90 lakh by JLR India.
The Discovery Sport 2024 was introduced by JLR India today and is priced at Rs 67.90 lakh (ex-showroom). The 2024 model is priced Rs 3.49 lakh less than the 2023 model. The Discovery Sport 2024 is available in Dynamic SE with two engine options - 2.0-litre petrol (245hp and 365Nm) and 2.0-litre Ingenium diesel (201hp and 430Nm). Both engines are mated to an automatic transmission.Subtle exterior changes are made to the new Discovery Sport. The Discovery script, grille, lower body sills, and lower bumpers are among the exterior accents that have a gloss black finish and contrast with the rest of the body. The wheel arches and bumpers have front claw detailing in gloss black. There are alloys with 19-inch diamond cuts. The SUV also gets a new Varesine Blue exterior paint option.
A difficult future awaits Spirit Airlines following the failed JetBlue takeover.
After a federal judge this week blocked JetBlue Airways' proposed $3.8 billion takeover of Spirit Airlines, the budget carrier is now in precarious financial position. The business community speculate that the airline may have to further reduce its already low fares. According to some Wall Street analysts, the discount carrier might need to reorganize, if not go bankrupt. Following the release of the decision on Tuesday, Spirit's stock dropped 47%. On Wednesday, they saw yet another 23% decline, reaching a new all-time low of $5.74 per share. Even before the decision, Spirit, whose last profitable year was 2019, was dealing with difficulties: it is managing the grounding of some Airbus narrow-body aircraft due to Pratt & Whitney engine problems; additionally, it is dealing with lower-than-expected demand in the wake of the pandemic, in addition to increased expenses.The airline may try to find a new buyer, but Helane Becker, an airline analyst at TD Cowen, stated in a note that "a more likely scenario is a Chapter 11 filing, followed by a liquidation." "We understand that this may sound severe and alarming, but the truth is that we think there are very few circumstances in which Spirit can reorganize." The airline, which is well-known for its inexpensive tickets and extra charges for things like baggage claim and seat preference, may have to further reduce prices if it files for bankruptcy. In an effort to get as much money as possible through the carrier, Becker predicted that major Spirit routes may see some shocking prices.
Sobek Auto to be acquired by CarTrade Tech for ₹537 crore
CarTrade Tech, an online vehicle classifieds platform, announced on Monday that it has signed an agreement to buy Sobek Auto India for a reported ₹537 crore. Sobek operates an online classifieds company in addition to an automotive digital platform. CarTrade Tech announced in a regulatory filing that the business has engaged into a share purchase agreement to purchase a 100% ownership in Sobek from OLX India BV, subject to the fulfilment of certain requirements. According to the company, the acquisition is a step towards its strategic goals of making investments that will complement CarTrade Tech's current commercial operations. On June 30, 2023, Sobek purchased the online classifieds company from OLX India in accordance with the terms and conditions specified in the business transfer agreement.
Volkswagen celebrates its 75th anniversary in the US market.
January 17, 2024, RESTON, Virginia /PRNewswire/ -- The first attempt to sell the Volkswagen Type 1, now known as the Beetle, to Americans was made exactly 75 years ago today when two of the cars touched down in New York. Seventy-five years later, the venerable carmaker is commemorating its modest beginnings, honoring those who have helped to integrate the brand into American culture, and laying the groundwork for the brand's next phase of ongoing change.Today, in honor of the historic anniversary, the company is launching a comprehensive, year-long campaign that aims to be both an invitation to participate in Volkswagen's electric future and a love letter to the people of America. "VW has transformed from a story about two Beetles to a significant part of American culture in the last 75 years," stated Rachael Zaluzec, Senior Vice President of Customer Experience & Brand Marketing at VW of America. "We hold individuals dear to our hearts and names. We will commemorate the real people and real-life events that have contributed to the Volkswagen brand becoming the beloved brand that it is today as we look forward to the next 75 years."Throughout the year, events are being organized to highlight the individuals, goods, and locations that have shaped one of the most recognizable brands in America. Following a break from Big Game advertising, Volkswagen will make a comeback to Super Bowl LVIII as part of the 75th anniversary campaign. Dutch businessman Ben Pon came to New York in 1949.
Ola Electric Introduces Ola Maps With Upgraded EV Software Move OS 4
The most recent iteration of Ola Electric's e-scooter software platform, called Move OS 4, allows for enhanced routing and a quicker, more precise search feature, according to the startup. A year after Ola announced that it was creating a specific navigation system for its cars and apps, the company has announced that Ola navigation will be used for commercial purposes on Ola EVs. Ola Electric submitted its DRHP to SEBI last month in an effort to raise more than INR 5,500 Cr through an IPO. On Thursday, January 18, Ola Electric released its in-house Ola Maps commercially along with the widespread release of the Move OS 4 software platform for its electric two-wheelers. The most recent iteration of Ola Electric's e-scooter software platform is called Move OS 4. MoveOS 4, according to the electric two-wheeler firm, has elevated navigating to an entirely new plane with Ola Maps. Improved navigation and a quicker, more precise search function are made possible by the updated software. Ola Electric claims that the revised user interface makes it easy for users to access necessary functionality without ever leaving the navigation screen. Furthermore, Ola Maps gives users the ability to mark their favourite spots for a fully customised navigation experience. Through Bluetooth, users may even locate their scooter by pushing places from their phone to it. One year after Ola announced it was working on a specialised maps system for its cars and applications and will soon be launching the system, the company announced that Ola Maps would be used for the first time on Ola EVs for commercial purposes. We are evaluating our own Ola maps! will launch in a few months on our cars and the Ola app! Bhavish Aggarwal, the CEO of Ola, stated in January of 2012. Ola Electric added that MoveOS 4 will provide over 100 new features and enhancements to the Ola S1 Gen 1 scooter range, S1 Pro (2nd Generation), and S1 Air. The update for S1 X+ is scheduled for the upcoming months. The business claimed that in addition to Ola Maps, the updated software version also includes enhancements to "Hill Descent Control" and the addition of "Cruise Control in eco-mode."
RE Shotgun 650 vs Kawasaki Eliminator – new twin engines but which one suits your pocket and need
Indian bike maker Royal Enfield has launched its latest bike, the Shotgun 650, the fourth bike in the company’s 650cc series in India. The Shotgun 650 is inspired by the company’s Super Meteor 650, with some design changes that give it a distinct look. While the Shotgun 650 has no direct rivals, it takes on the Kawasaki Eliminator as both are new twin-engine bikes. While the Eliminator is priced significantly higher than the Shotgun 650, it is one of the closest rivals to the new offering from Royal Enfield. The Kawasaki Eliminator is powered by a 451cc liquid-cooled engine compared to the 648cc air-cooled engine on the Shotgun 650cc. In terms of design, the Royal Enfield Shotgun 650 is inspired by the Royal Enfield Super Meteor 650 and is based on the same platform. However, the Shotgun 650 comes with a bobber design. It comes with a rugged design and features a round headlamp and rear-view mirrors. It comes with a single-piece seat and minimal body panels. It features blacked out engine parts that give it a retro look. It features a large 13.8-litre fuel tank and comes with an 18-inch front-wheel and a 17-inch rear wheel.Kawasaki Eliminator Price starts at Rs. 5.62 Lakh which is Rs. 2.02 Lakh costlier than base model of Royal Enfield Shotgun 650 priced at Rs. 3.59 Lakh. In technical specifications, Kawasaki Eliminator is powered by 451 cc engine , while Royal Enfield Shotgun 650 is powered by 648 cc engine. Kawasaki Eliminator is available in 1 different colours while Royal Enfield Shotgun 650 comes with 4 colours. The Comparison Kawasaki Eliminator vs Royal Enfield Shotgun 650 can be described on the basis of price and specifications.BikeWale brings you comparison of Kawasaki Eliminator and Royal Enfield Shotgun 650. The ex-showroom price of Kawasaki Eliminator is ₹ 5,62,000 and Royal Enfield Shotgun 650 is ₹ 3,59,430. Kawasaki Eliminator is available in 1 colour and 1 variant and Royal Enfield Shotgun 650 is available in 1 colour and 3 variants. Apart from prices, you can also find comparison of these bikes based on displacement, mileage, performance, and many more parameters. Comparison between these bikes have been carried out to help users make correct buying decision between Kawasaki Eliminator and Royal Enfield Shotgun 650.
JLR India launches Discovery Sport 2024 at Rs 67.90 lakh
JLR India today launched the Discovery Sport 2024 in the country at a starting price of Rs 67.90 lakh (ex-showroom). The 2024 model comes with a price cut of Rs 3.49 lakh over the 2023 model.The Discovery Sport 2024 is available in Dynamic SE with two engine options - 2.0-litre petrol (245hp and 365Nm) and 2.0-litre Ingenium diesel (201hp and 430Nm). Both engines are mated to an automatic transmission. The new Discovery Sport gets subtle exterior updates. There is a contrast roof and exterior accents, including Discovery script, grille, lower body sills and lower bumpers, all having a distinctive Gloss Black finish. There is Gloss Black front claw detailing on the bumpers and wheel arches. There are 19-inch diamond-cut alloys. The SUV also gets a new Varesine Blue exterior paint option.JLR India today launched the Discovery Sport 2024 in the country at a starting price of Rs 67.90 lakh (ex-showroom). The 2024 model comes with a price cut of Rs 3.49 lakh over the 2023 model. JLR India today launched the Discovery Sport 2024 in the country at a starting price of Rs 67.90 lakh (ex-showroom). The 2024 model comes with a price cut of Rs 3.49 lakh over the 2023 model.The new Discovery Sport gets subtle exterior updates. There is a contrast roof and exterior accents, including Discovery script, grille, lower body sills and lower bumpers, all having a distinctive Gloss Black finish. There is Gloss Black front claw detailing on the bumpers and wheel arches. There are 19-inch diamond-cut alloys. The SUV also gets a new Varesine Blue exterior paint option.You now get a digital instrument cluster and steering wheel-mounted gearshift paddles as standard, while the redesigned centre console boasts a new floating 11.4-inch curved glass touchscreen. The latest Pivi Pro infotainment set-up features permanently accessible sidebars, which provide shortcuts to key vehicle controls and functions, such as media, volume, climate and navigation. There is a panoramic glass roof as well.The SUV has wireless Apple CarPlay and Android Auto as standard and a wireless charger. A natural shadow oak trim finisher surrounds a new gear shifter. Discovery Sport Dynamic SE features DuoLeather interiors with up to two colour options.
RE Shotgun 650 vs Kawasaki Eliminator – new twin engines but which one suits your pocket and need
Indian bike maker Royal Enfield has launched its latest bike, the Shotgun 650, the fourth bike in the company’s 650cc series in India. The Shotgun 650 is inspired by the company’s Super Meteor 650, with some design changes that give it a distinct look. While the Shotgun 650 has no direct rivals, it takes on the Kawasaki Eliminator as both are new twin-engine bikes. While the Eliminator is priced significantly higher than the Shotgun 650, it is one of the closest rivals to the new offering from Royal Enfield. The Kawasaki Eliminator is powered by a 451cc liquid-cooled engine compared to the 648cc air-cooled engine on the Shotgun 650cc. In terms of design, the Royal Enfield Shotgun 650 is inspired by the Royal Enfield Super Meteor 650 and is based on the same platform. However, the Shotgun 650 comes with a bobber design. It comes with a rugged design and features a round headlamp and rear-view mirrors. It comes with a single-piece seat and minimal body panels. It features blacked out engine parts that give it a retro look. It features a large 13.8-litre fuel tank and comes with an 18-inch front-wheel and a 17-inch rear wheel.Kawasaki Eliminator Price starts at Rs. 5.62 Lakh which is Rs. 2.02 Lakh costlier than base model of Royal Enfield Shotgun 650 priced at Rs. 3.59 Lakh. In technical specifications, Kawasaki Eliminator is powered by 451 cc engine , while Royal Enfield Shotgun 650 is powered by 648 cc engine. Kawasaki Eliminator is available in 1 different colours while Royal Enfield Shotgun 650 comes with 4 colours. The Comparison Kawasaki Eliminator vs Royal Enfield Shotgun 650 can be described on the basis of price and specifications.BikeWale brings you comparison of Kawasaki Eliminator and Royal Enfield Shotgun 650. The ex-showroom price of Kawasaki Eliminator is ₹ 5,62,000 and Royal Enfield Shotgun 650 is ₹ 3,59,430. Kawasaki Eliminator is available in 1 colour and 1 variant and Royal Enfield Shotgun 650 is available in 1 colour and 3 variants. Apart from prices, you can also find comparison of these bikes based on displacement, mileage, performance, and many more parameters. Comparison between these bikes have been carried out to help users make correct buying decision between Kawasaki Eliminator and Royal Enfield Shotgun 650.
Ola Electric Introduces Ola Maps With Upgraded EV Software Move OS 4
The most recent iteration of Ola Electric's e-scooter software platform, called Move OS 4, allows for enhanced routing and a quicker, more precise search feature, according to the startup. A year after Ola announced that it was creating a specific navigation system for its cars and apps, the company has announced that Ola navigation will be used for commercial purposes on Ola EVs. Ola Electric submitted its DRHP to SEBI last month in an effort to raise more than INR 5,500 Cr through an IPO. On Thursday, January 18, Ola Electric released its in-house Ola Maps commercially along with the widespread release of the Move OS 4 software platform for its electric two-wheelers. The most recent iteration of Ola Electric's e-scooter software platform is called Move OS 4. MoveOS 4, according to the electric two-wheeler firm, has elevated navigating to an entirely new plane with Ola Maps. Improved navigation and a quicker, more precise search function are made possible by the updated software. Ola Electric claims that the revised user interface makes it easy for users to access necessary functionality without ever leaving the navigation screen. Furthermore, Ola Maps gives users the ability to mark their favourite spots for a fully customised navigation experience. Through Bluetooth, users may even locate their scooter by pushing places from their phone to it. One year after Ola announced it was working on a specialised maps system for its cars and applications and will soon be launching the system, the company announced that Ola Maps would be used for the first time on Ola EVs for commercial purposes. We are evaluating our own Ola maps! will launch in a few months on our cars and the Ola app! Bhavish Aggarwal, the CEO of Ola, stated in January of 2012. Ola Electric added that MoveOS 4 will provide over 100 new features and enhancements to the Ola S1 Gen 1 scooter range, S1 Pro (2nd Generation), and S1 Air. The update for S1 X+ is scheduled for the upcoming months. The business claimed that in addition to Ola Maps, the updated software version also includes enhancements to "Hill Descent Control" and the addition of "Cruise Control in eco-mode."
Volkswagen celebrates its 75th anniversary in the US market.
January 17, 2024, RESTON, Virginia /PRNewswire/ -- The first attempt to sell the Volkswagen Type 1, now known as the Beetle, to Americans was made exactly 75 years ago today when two of the cars touched down in New York. Seventy-five years later, the venerable carmaker is commemorating its modest beginnings, honoring those who have helped to integrate the brand into American culture, and laying the groundwork for the brand's next phase of ongoing change.Today, in honor of the historic anniversary, the company is launching a comprehensive, year-long campaign that aims to be both an invitation to participate in Volkswagen's electric future and a love letter to the people of America. "VW has transformed from a story about two Beetles to a significant part of American culture in the last 75 years," stated Rachael Zaluzec, Senior Vice President of Customer Experience & Brand Marketing at VW of America. "We hold individuals dear to our hearts and names. We will commemorate the real people and real-life events that have contributed to the Volkswagen brand becoming the beloved brand that it is today as we look forward to the next 75 years."Throughout the year, events are being organized to highlight the individuals, goods, and locations that have shaped one of the most recognizable brands in America. Following a break from Big Game advertising, Volkswagen will make a comeback to Super Bowl LVIII as part of the 75th anniversary campaign. Dutch businessman Ben Pon came to New York in 1949.
Sobek Auto to be acquired by CarTrade Tech for ₹537 crore
CarTrade Tech, an online vehicle classifieds platform, announced on Monday that it has signed an agreement to buy Sobek Auto India for a reported ₹537 crore. Sobek operates an online classifieds company in addition to an automotive digital platform. CarTrade Tech announced in a regulatory filing that the business has engaged into a share purchase agreement to purchase a 100% ownership in Sobek from OLX India BV, subject to the fulfilment of certain requirements. According to the company, the acquisition is a step towards its strategic goals of making investments that will complement CarTrade Tech's current commercial operations. On June 30, 2023, Sobek purchased the online classifieds company from OLX India in accordance with the terms and conditions specified in the business transfer agreement.
A difficult future awaits Spirit Airlines following the failed JetBlue takeover.
After a federal judge this week blocked JetBlue Airways' proposed $3.8 billion takeover of Spirit Airlines, the budget carrier is now in precarious financial position. The business community speculate that the airline may have to further reduce its already low fares. According to some Wall Street analysts, the discount carrier might need to reorganize, if not go bankrupt. Following the release of the decision on Tuesday, Spirit's stock dropped 47%. On Wednesday, they saw yet another 23% decline, reaching a new all-time low of $5.74 per share. Even before the decision, Spirit, whose last profitable year was 2019, was dealing with difficulties: it is managing the grounding of some Airbus narrow-body aircraft due to Pratt & Whitney engine problems; additionally, it is dealing with lower-than-expected demand in the wake of the pandemic, in addition to increased expenses.The airline may try to find a new buyer, but Helane Becker, an airline analyst at TD Cowen, stated in a note that "a more likely scenario is a Chapter 11 filing, followed by a liquidation." "We understand that this may sound severe and alarming, but the truth is that we think there are very few circumstances in which Spirit can reorganize." The airline, which is well-known for its inexpensive tickets and extra charges for things like baggage claim and seat preference, may have to further reduce prices if it files for bankruptcy. In an effort to get as much money as possible through the carrier, Becker predicted that major Spirit routes may see some shocking prices.
Discovery Sport 2024 is priced at Rs 67.90 lakh by JLR India.
The Discovery Sport 2024 was introduced by JLR India today and is priced at Rs 67.90 lakh (ex-showroom). The 2024 model is priced Rs 3.49 lakh less than the 2023 model. The Discovery Sport 2024 is available in Dynamic SE with two engine options - 2.0-litre petrol (245hp and 365Nm) and 2.0-litre Ingenium diesel (201hp and 430Nm). Both engines are mated to an automatic transmission.Subtle exterior changes are made to the new Discovery Sport. The Discovery script, grille, lower body sills, and lower bumpers are among the exterior accents that have a gloss black finish and contrast with the rest of the body. The wheel arches and bumpers have front claw detailing in gloss black. There are alloys with 19-inch diamond cuts. The SUV also gets a new Varesine Blue exterior paint option.
According to Tata Motors, industry EV sales growth in India is expected to moderate to 40–45%.
"EV growth was starting from a very low base two years ago. It grew by almost 100% in the previous year, but the base is now expanding. By the end of this financial year, it will be around 90,000 to 1 lakh. On thishigh base, I think the growth (industry) would moderate to about 40% to 45%," Chandra said. Delhi, New: According to a top company official on Wednesday, Tata Motors anticipates that the industry sales growth of electric vehicles in India will moderate to 40–45% this year as the base grows. Four more EV models will be released this year, according to Tata Motors Passenger Electric Mobility Ltd Managing Director Shailesh Chandra, whose company launched Punch.evon on Wednesday.
Maharashtra Pink E-Rickshaw Scheme for Women to Launch Soon
Maharashtra Pink E-Rickshaw Scheme:- The Maharashtra government is about to launch a revolutionary program i.e., Maharashtra Pink E-Rickshaw Scheme to support women’s employment and safety. To address environmental concerns, the plan calls for the deployment of e-autos and the introduction of Pink Rickshaws in 10 major cities, including Mumbai city, Mumbai suburb, Thane, Panvel, Nagpur, Navi Mumbai, Pune, Pimpri-Chinchwad, Chatrapati Sambhaji Nagar, and Nashik. Read below to check the detailed information related to Maharashtra Pink E-Rickshaw Scheme 2024.Maharashtra Pink E-Rickshaw Scheme, 2024 Maharashtra Pink E-Rickshaw Scheme, led by women, will soon be available in ten Maharashtra cities, including Mumbai, Navi Mumbai, Thane, Pune, and Nagpur. The Women and Child Department presented a strategy to Deputy Chief Minister and Finance Minister Ajit Pawar.Dr. Prashant Narnaware, the commissioner of the Department of Women and Child Development, has proposed 5,000 pink rickshaws for the program's first year. Under this scheme, the government would subsidize unemployed women by 20% so they can buy rickshaws; they will pay 10% of the entire cost, with bank loans covering the other 70%.Goa, Lucknow, and Surat have already seen the introduction of similar e-rickshaws. Although the idea of women operating rickshaws is not new, the government has already created the Aboli Rickshaw program exclusively for women, with no financial support. Bank loans covered 85% of the vehicle's cost, requiring applicants to pay only 15% of the entire cost. Nonetheless, the Aboli Rickshaw program was unsuccessful, and aboli rickshaws are rare in Maharashtra today.
Uber comes up with its Flexible Pricing Service
Uber, a well-known ride-hailing company, is now testing its flexible pricing service, which lets commuters bid a specific fee for their route, in a number of Tier 2 and Tier 3 towns in India.A representative for Uber stated in a statement, "We are currently piloting this feature in some of the tier 2 and 3 markets in India.Additionally, Uber Flex is being tested in Latin America, Kenya, and Lebanon. In contrast to Uber's conventional pricing structure, Flex lets users choose from nine pricing points and bid any amount they like, with a default price already chosen.Drivers in the vicinity can then accept or decline the ride based on the fare that the passenger has chosen.In a similar vein, drivers can quote their charges to the user. The ride is finalized once they select the driver whose offer most appeals to them. Currently, users of inDrive, another ride-hailing app, can manually enter a certain fare. In Drive announced its intention to use the $150 million it raised in February of last year to assist its ongoing growth as well as customer acquisition and retention. Uber is working on a new feature called "Uber Flex" that would let Indian customers select the fare that suits them best. The function, which is presently undergoing testing in a number of Indian locations, is anticipated to allay worries about rising ticket prices. The Uber Flex function was first tested in October of last year, according to a TechCrunch article. The Uber Flex feature was tested in several Indian cities, including Aurangabad, Ajmer, Bareilly, Chandigarh, Coimbatore, Dehradun, Gwalior, Indore, Jodhpur, and Surat. Uber informed the publication, "We are currently piloting this feature in some of the Tier 2 and 3 markets in India."
