Magna

Who Will Benefit In The Robotaxi Revolution?

As self-driving cars move closer and closer to reality, one particular market stands to benefit — autonomous taxis (aka robotaxis). Tasha Keeny from Ark Invest recently evaluated the players who’d likely benefit from this massive market opportunity. Keeney writes, “Autonomous vehicles will transform personal mobility … reap[ing] the benefits of a new market which promises to ramp from essentially $0 now to $10 trillion in global gross annual revenues by 2030.”

May Mobility Expands Its Autonomous Shuttle Service In Columbus & Grand Rapids

Michigan-based low-speed autonomous shuttle service operator May Mobility continues its rapid expansion with the addition of 2 new routes in Grand Rapids, Michigan. The news was broken in conjunction with the unveiling of the Grand Rapids Autonomous Mobility Initiative (GRAMI), which provides a formal structure and team to integrate autonomous vehicles into the fabric of the city.