Doesn’t look like a typical New York sidewalk.
Spin today announced an exclusive partnership with Drover AI to incorporate their PathPilot technology into the next generation of the Spin Insight e-scooter monitoring platform to cities in the United States, across the United Kingdom and other regions around the world in 2021.
“With nearly all municipalities prohibiting scooter use on sidewalks, Spin Insight data— in combination with Spin’s in-app mapping technology that enables riders to find routes that maximize bike lane use— can be used as a key tool by cities to help enforce local regulations and promote safe riding behaviors in dense, urban environments like New York City,” said Derrick Ko, Chief Executive Officer at Spin.
The micro-mobility part of Ford Motor Company claims Spin Insight Level 2 with Drover AI’s computer vision and machine learning platform, equips Spin’s vehicles with a camera, an array of sensors, and on-board computing power. Spin claims Drover’s technology is highly adaptive and easily scaled to new environments, allowing an e-scooter to” understand its surroundings in real time and assist riders in making safe riding decisions.” Not a word was mentioned of potential privacy or legal issues or who owns the customer data produced and how it will be used. Future capabilities planned include detecting wrong-way riding, adjusting vehicle speed based on riding conditions, and collision warnings. Continue reading
COVID Changes – Digital Auto Lending Infected
Click to Enlarge.
COVID-19 pandemic has simultaneously strained day-to-day operations and pushed more transactions than ever to digital, according to the J.D. Power, which released the 2020 U.S. Dealer Financing Satisfaction Study.
“The pandemic has severely disrupted dealer-lender communication, with many dealers reporting that lenders were delayed or not available when they needed them, or not able to assist in a timely manner,” said Patrick Roosenberg, director of automotive finance intelligence at J.D. Power. This of course begs the question of there’s another solution – such as borrowers dealing directly digitally with lenders, which will eliminate a lucrative profit center at dealerships. Continue reading →