Advanced Transportation Market Update – July 2019
Greentech Capital Advisors’ Advanced Transportation Monthly Market Update summarizes key announcements, M&A, and capital raising activity related to advanced transportation, while providing detailed trading metrics on public companies across the sector.
- While the White House is attempting to lower emission standards, OEMs likes BMW, Ford, Honda and VW are vowing to comply to California’s stricter standards to avoid having to produce vehicles for two different markets.
- Legacy automakers are seeking to transform into providers of transportation services as vehicle sales plateau, highlighted by Ford’s acquisition of Journey Holding, a supplier of vehicle tracking technology to municipalities.
- Urban parking is increasingly becoming the staging ground for vehicle fleet services as a stepping stone for robotaxi housing and servicing, as showcased by SpotHero’s transition to focus on car-share fleets.