Alstom Invests in EasyMile and Their Driverless Shuttle

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A rail transport company named Alstom has invested €14 million Euros, or just under $15 million in American dollars, in a startup company called EasyMile, which has developed the EZ10 electric driverless shuttle.

Besides Alstom providing an investment that will form part of EasyMile’s ongoing capital increase, the two companies have also agreed to partner to create products for urban transportation.

“Through this investment, Alstom expands its knowledge into the driverless technologies and pursues its development in the growing field of smart mobility,” says Bruno Marguet, Head of Strategy at Alstom, through press release.

“We are confident in the success of the EZ10, already tested in different climates and conditions.”

Designed to provide transportation for the final mile of a trip, the EZ10 operates from a transport hub to a final destination within a precinct or confined area.

Since April 2015, the EZ10, which can hold up to 12 people, has been operational at more than 50 sites in 14 countries in Asia, North America, the Middle East and Europe.

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Photo Courtesy of EasyMile


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