Mobility Innovators

Waymo 🤖 🚘 has closed funding round of $5.6 billion, led by Alphabet Inc., with continued participation from Andreessen Horowitz, Fidelity, Perry Creek Capital, Silver Lake, Tiger Global Management, and T. Rowe Price. The new funding round bringing #Waymo valuation to an estimated $30 billion. #Waymo has raised $2.25 billion in 2020 and $2.5 billion in 2021. However, the valuation has not changed owing to rising operating cost. It currently completes 100,000 robotaxi rides each week, operating its autonomous vehicle services primarily in Phoenix, San Francisco, and Los Angeles. Waymo’s valuation could potentially rise to $50 billion or more in the next few years, particularly if it scales to additional cities and increases its service frequency. #autonomous #robotaxi #autonomousvehicles https://lnkd.in/gCYf5z5c https://lnkd.in/ggYURXzk

Tesla shared a glimpse of upcoming products: 🚖 #RoboTaxi 🚐 #RoboVan 🤖 #TeslaBOT #future is #autonomous... https://lnkd.in/e9tXTqWk

#Automated #Trains 🚆 are fun... #automated #highspeed #Trains will be super fun 🚄 East Japan Railway Company 🚄 will begin work on ground equipment and vehicles with the aim of modifying the system to adjust to #GOA2 automatic operation of commercial and deadhead #trains between Nagaoka Station and Niigata Depot (60.8 km) within FY2028, and with #GOA4 driverless operation on deadhead trains between Niigata Station and Niigata Depot (5.1 km) beginning in FY2029. #Japan #JREast #Trains

Uber 🚖 + Waymo 🤖 = #RoboTaxi 🚖🤖 #Waymo and #Uber are announcing an expanded partnership to bring the Waymo One experience to #Austin and #Atlanta, only on the Uber app, beginning in early 2025. In these cities, Uber will manage and dispatch a fleet of Waymo’s fully autonomous, all-electric Jaguar I-PACE vehicles, which will grow to hundreds of vehicles over time. https://lnkd.in/eqscyiXH

If you are still not sure how #AI will change our life.. check this out..

📢📢 #PodcastAlert - Happy to share that the latest #episode is now available. It is a pleasure to speak with Adam Giambrone, MBA, Mobility Expert and Ex-Head of Mobility at NEOM 🚆 🚍. Adam spent 20 plus years working in #NorthAmerica, #Africa and the Middle East. He has held senior roles in all three regions. Currently, he is Infrastructure and Transportation Project Management lead at HDR Middle East. Prior to this, he was the head of Land Mobility and Road Transportation at #Neom, a new city in Saudi Arabia. He served as General Manager at Saudi Public Transit Company (سابتكو | SAPTCO) from 2018 to 2021. He also spent 7 years with the Toronto Transit Commission (TTC) including 5 years as the Commissioner and Chair of the #TTC (Toronto Transit Commission) from 2003 to 2010. #Transformation is always challenging, and the #publictransport sector is no exception. Around the world, this industry is undergoing significant change as travel patterns evolve and expectations grow. The rise of autonomous mobility will further reshape travel habits and the broader mobility landscape. However, it is crucial that the core principles of public transport remain intact. To stay relevant, public transport agencies must adapt to shifting #rider #behaviors. Internal factors such as service reliability, comfort, and convenience, as well as external factors like #urbanplanning and #TOD transit-oriented development, will play an important role in driving the adoption and success of public transportation in the future. The episode will cover the following topics related to: 👨💼 About personal journey 🌍 #NEOM - A city of future 🚘 How to move people in NEOM? 💡 The Line - Ambitious project in Saudi Arabia 🚍 Changing landscape of #PublicTransport in Middle-East 🚆 How Transit Oriented Development (TOD) help to shape Transit system 🤖 Impact of #autonomousvehicles on mobility 🏃♂️ Transit priority for the city 🧠 Generative AI and AI can help mobility space 🎥 https://lnkd.in/gys3ztkE 🔊 https://lnkd.in/gvkPBbgp

If you still think that #autonomousmobility is still far away 🚘 Numbers of #rides ------------------- May 2023 - 50,000 a week August 2024 - 100,000 paid trips a week Waymo got rid of its waitlist in San Francisco, and expanded its service area in the city.

In May 2024, Mobility Innovators Podcast had the opportunity to speak with Richard A. Davey, Jr., CEO of Massachusetts Institute of Technology. He was earlier President of #NYCT, Metropolitan Transportation Authority 🚆 🚍 . It was just an amazing opportunity to learn from his experience before his next adventure with #Massachusetts Port Authority ✈ . NEW YORK CITY TRANSIT AUTHORITY (#NYCT) is the largest public transit agency in North America, carrying more than 2.5 billion passengers every year. NYCT is going through #transformation and implanting new initiatives including #predictivemaintenance 🚆. The agency is implementing many new initiatives including new ticketing solution. The agency is planning to introduce #electricbuses 🚎 and using #AI 🧠 to improve the maintenance of existing buses. The episode will highlight some of the key initiatives launched by NYCT and the new innovation culture within the agency. The episode will cover the following topics related to: 👨💼 About personal journey 🚊 Transition from Consulting to #PublicTransit 💡 #innovation culture at Oldest subway system 🧠 #ArtificialIntelligence and Predictive maintenance 🏃♂️ Importance of #customerexperience 🚆 Communications Based Train Control (#CBTC) @New York City Transit 🤖 #Autonomous mobility - Impact on Public Transit 🚍 Role of #GenerativeAI to improve mobility? 🎥 https://lnkd.in/gYxgScZs 🔊 https://lnkd.in/getGyifj

Uber has partnered with Cruise to deploy #AutonomousVehicles on its platform. The partnership will help to accelerate the deployment of #AV vehicles. Uber rider requests a qualifying ride on the Uber app, they may be presented with the option to have that trip fulfilled by a Cruise autonomous vehicle. https://lnkd.in/gZArt7kd

Toyota Open Labs announced the list of six shortlisted #mobility startups.... all set to present their innovations at Toyota Open Labs' Demo Day in Paris on 4 September, 2024. 📲 ANDYAMO - pedestrian and multimodal trip planner ♿ Okeenea - mobility assistance application 🛵 Genny Factory SA - personal transporter ⚡ Hive Power - Vehicle-to-Grid technology 🛣 hlpy - roadside assistance 📦 Shippeo - logistics technology https://lnkd.in/gjpEUYNq