Research & Development World

  • R&D World Home
  • Topics
    • Aerospace
    • Automotive
    • Biotech
    • Careers
    • Chemistry
    • Environment
    • Energy
    • Life Science
    • Material Science
    • R&D Management
    • Physics
  • Technology
    • 3D Printing
    • A.I./Robotics
    • Software
    • Battery Technology
    • Controlled Environments
      • Cleanrooms
      • Graphene
      • Lasers
      • Regulations/Standards
      • Sensors
    • Imaging
    • Nanotechnology
    • Scientific Computing
      • Big Data
      • HPC/Supercomputing
      • Informatics
      • Security
    • Semiconductors
  • R&D Market Pulse
  • R&D 100
    • Call for Nominations: The 2025 R&D 100 Awards
    • R&D 100 Awards Event
    • R&D 100 Submissions
    • Winner Archive
    • Explore the 2024 R&D 100 award winners and finalists
  • Resources
    • Research Reports
    • Digital Issues
    • R&D Index
    • Subscribe
    • Video
    • Webinars
  • Global Funding Forecast
  • Top Labs
  • Advertise
  • SUBSCRIBE

R&D Market Pulse: GM Vehicle Owners Can Now Rent Out Their Cars

By Laura Panjwani | August 2, 2018

Transcript below 

Welcome to R&D Market Pulse, a weekly report on the top spenders in research and development.

I’m R&D Magazine Editor Laura Panjwani

GM Vehicle Owners Can Now Rent Out Their Cars

Car owners now have the opportunity to make a little extra cash by renting out their cars through General Motors new Peer-to-Peer car sharing service.

The program is part of GM’s Maven Car sharing program, which previously only offered short-term rentals of GM-owned vehicles

Now private owners of Chevrolet, Buick, GMC or Cadillac vehicles model year 2015 or newer can rent out their car when they don’t need it, earning 60% of the profits from each rental. To use, participants must first enroll their car and answer a series of questions to see if it’s eligible. Then a Maven technician picks up their car and installs a device for keyless access for rentals, takes professional photos, and sets up on OnStar account for 24/7 support. Within 24 hours, the car is available for sharing by Maven approved drivers. Users do not need to review or approve reservation requests or meet the drivers, Maven members unlock the car through the Maven App.

Users are paid once a month via linked bank account in the owner dashboard.

New Graduates from X Moonshot Factory

Two projects are graduating from X, Google/Alphabet’s moonshot factory, to become new independent businesses within Alphabet

The first, known as Loon is developing a network of high-altitude balloons that can provide internet access in remote locations. As an independent business, Loon will work with mobile network operators globally to bring internet access to unconnected and under-connected people around the world. 

The second, Wing  is building a drone delivery system to improve the speed, cost, and environmental impact of transporting goods, and an unmanned-traffic management platform to safely route drones through our skies. These new companies will have their own leaders. Alastair Westgarth is the new CEO of Loon, while James Ryan Burgess is the new CEO of Wing in partnership with Adam Woodworth as Wing’s CTO.

Qualcomm Furthers Wireless Headsets

Qualcomm has introduced a flash-programmable Bluetooth Audio System-on-Chip that is designed to reduce power consumption by up to 50% compared to previous generation entry-level flash devices. The new SoC is also engineered to balance functionality and cost to help manufacturers simply and quickly develop and commercialize truly wireless headsets that can be used all day with having to recharge.

The new system is particularly well-suited for phone manufacturers, who, with the removal of the standard headphone jack from their designs, left consumers desiring a non-wired solution to listen to their music.

Check our Rdmag.com For More

R&D Magazine follows the top 25 spenders in R&D as part of its R&D Market Pulse Index.  The full list of companies as well as expert stock market insight from R&D Magazine’s contributing editor Tim Studt is available each Monday on rdmag.com on the Market Pulse page.

I’m Laura Panjwani and thank you for watching R&D Market Pulse. Join us next week for more R&D business news.

 

Related Articles Read More >

Eli Lilly facility
9 R&D developments this week: Lilly builds major R&D center, Stratolaunch tests hypersonic craft, IBM chief urges AI R&D funding
7 major R&D developments this week: Tariff uncertainty persists, Pfizer sells campus, Scania acquires Northvolt unit
economic crisis stock chart falling down business global money bankruptcy concept
7 major R&D developments this week: Tariffs roil markets, MIT wins $12B contract, Siemens plans $5B acquisition
EL SEGUNDO, CA/USA - OCTOBER 13, 2014: Boeing manufactuing facility. Boeing manufactures and sells aircraft, rotorcraft, rockets and satellites. It is the second-largest defense contractor in the world.
8 major R&D moves this week: HHS cuts 10,000 jobs while Anthropic & DataBricks form $100M pact
rd newsletter
EXPAND YOUR KNOWLEDGE AND STAY CONNECTED
Get the latest info on technologies, trends, and strategies in Research & Development.
RD 25 Power Index

R&D World Digital Issues

Fall 2024 issue

Browse the most current issue of R&D World and back issues in an easy to use high quality format. Clip, share and download with the leading R&D magazine today.

Research & Development World
  • Subscribe to R&D World Magazine
  • Enews Sign Up
  • Contact Us
  • About Us
  • Drug Discovery & Development
  • Pharmaceutical Processing
  • Global Funding Forecast

Copyright © 2025 WTWH Media LLC. All Rights Reserved. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of WTWH Media
Privacy Policy | Advertising | About Us

Search R&D World

  • R&D World Home
  • Topics
    • Aerospace
    • Automotive
    • Biotech
    • Careers
    • Chemistry
    • Environment
    • Energy
    • Life Science
    • Material Science
    • R&D Management
    • Physics
  • Technology
    • 3D Printing
    • A.I./Robotics
    • Software
    • Battery Technology
    • Controlled Environments
      • Cleanrooms
      • Graphene
      • Lasers
      • Regulations/Standards
      • Sensors
    • Imaging
    • Nanotechnology
    • Scientific Computing
      • Big Data
      • HPC/Supercomputing
      • Informatics
      • Security
    • Semiconductors
  • R&D Market Pulse
  • R&D 100
    • Call for Nominations: The 2025 R&D 100 Awards
    • R&D 100 Awards Event
    • R&D 100 Submissions
    • Winner Archive
    • Explore the 2024 R&D 100 award winners and finalists
  • Resources
    • Research Reports
    • Digital Issues
    • R&D Index
    • Subscribe
    • Video
    • Webinars
  • Global Funding Forecast
  • Top Labs
  • Advertise
  • SUBSCRIBE