Skip to main content

Alstom invests in EasyMile

Alstom is taking a minority stake in EasyMile, a start-up company developing the EZ10 electric driverless shuttle. The two plan to develop integrated solutions for urban transportation. The EZ10 is capable of transporting up to 12 passengers and operates from a transport hub to a final destination within a precinct or defined area. According to Alstom, the investment will enable it to expand its expertise into driverless technology and development of smart mobility technology. EasyMile will benefi
January 19, 2017 Read time: 1 min
8158 Alstom is taking a minority stake in 8246 EasyMile, a start-up company developing the EZ10 electric driverless shuttle. The two plan to develop integrated solutions for urban transportation.

The EZ10 is capable of transporting up to 12 passengers and operates from a transport hub to a final destination within a precinct or defined area.
 
According to Alstom, the investment will enable it to expand its expertise into driverless technology and development of smart mobility technology.  EasyMile will benefit from Alstom’s network to increase its global reach.

For more information on companies in this article

Related Content

  • Dubai to offer Careem bike service
    November 25, 2019
    Dubai’s Road and Transport Authority (RTA) has joined forces with Careem to operate 3,500 bicycles and 350 docking stations over the next five years.
  • Ridesharing market attracts investors in Europe and North America
    December 16, 2016
    Investors are racing to claim a stake in the potential multibillion-dollar ridesharing market. Advances in Technology that aid in the adoption of ridesharing, while governmental policy support, such as high-occupancy vehicle (HOV) lanes and toll-fee waivers, are bolstering market evolution, says Frost and Sullivan. The North American and European ridesharing market will see strong growth, with rideshare operators rolling out new business models to target niche customer segments. And in the European marke
  • New approach to data handling aids development of smarter cities
    January 14, 2013
    David Crawford has been to the Irish capital to see a potent memorandum of understanding at work. An imaginative collaboration between the world’s largest IT company and one of Europe’s smaller capital cities is demonstrating a new approach to data handling that could have far reaching implications for urban public transport worldwide. A close working relationship between IBM and Dublin City Council (DCC) dates from 2010.
  • New approach to data handling aids development of smarter cities
    January 11, 2013
    David Crawford has been to the Irish capital to see a potent memorandum of understanding at work. An imaginative collaboration between the world’s largest IT company and one of Europe’s smaller capital cities is demonstrating a new approach to data handling that could have far reaching implications for urban public transport worldwide. A close working relationship between IBM and Dublin City Council (DCC) dates from 2010. The IT giant was looking for a local transport authority as partner for testing IBM’s