Advanced Transportation Market Update – August 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.
Key Takeaways:
- Small, sidewalk delivery robots deployed by Amazon and Postmates showcase some of the first commercial use cases for AV technology
- The recent capital raise by SpotHero highlights the increasing emergence of technologies designed to address urban congestion
- Partnerships among Audi, Daimler and BMW to develop ADAS capabilities reflect the need to join forces in order to compete in the fast-growing and costly AV technology market