NISSAN PLANS DRIVERLESS RIDE-HAILING SERVICE

TOKYO: Nissan Motor Co Ltd yesterday said it plans to launch driverless ride-hailing and ridesharing services in coming years, as the automaker looks beyond making and selling cars to survive an industry being quickly transformed by new services. Automakers are leveraging expertise in automated driving functions for mass-market cars to develop mobility services, as they compete with tech firms such as Alphabet Inc and Uber Technologies Inc in the fast-growing “pay-per-ride” market, which threatens to hit demand for car ownership. – Reuters