Advanced Mobility Market Update – August 2018
Greentech Capital Advisors’ Advanced Mobility 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.
- Kodiak Robotics, a developer of full stack AV technology for trucks, raised a $40mm round led by Battery Ventures. While autonomous technology for passenger vehicles is getting much of the attention, autonomous trucking platforms continue to gain prominence as the market opportunity remains more near-term
- Hertz’s Donlen partnered with Aptiv to assist with the operations and management of Aptiv’s growing fleet of AVs, highlighting car rental companies’ use of superior fleet management services to fit into the AV ecosystem
- China has rolled out a set of national standards for AV testing on public roads. This proactive approach reflects the government’s desire to establish China as the leader in AV development