NAVYA Issues First Safety Report to US Department of Transportation
VILLEURBANNE, France--(BUSINESS WIRE)--Jan 10, 2019--NAVYA (FR0013018041- NAVYA), leader in the autonomous vehicle market and in smart and shared mobility solutions, announced that it issued its first-ever safety report to the United States Department of Transportation (USDOT). As a pioneer in the AV sector, NAVYA currently has sold over 100 of its AUTONOM SHUTTLE around the globe, deployed and operated by its customers, making NAVYA the first commercialized company to submit a safety report to the USDOT.
With a distinct focus on developing, designing and manufacturing vehicles to be used in shared mobility solutions, the company employs a team of over 250 engineers, designers and automotive technology experts dedicated to creating the safest, most advanced and sustainable vehicles available on the market anywhere.
NAVYA’s Deputy CEO Jérôme Rigaud declares: “We’re thrilled to become the first commercialized AV company to submit a safety report to USDOT. We view this as an opportunity to deliver safer transportation through highly engineered, intelligent vehicles such as the NAVYA AUTONOM SHUTTLE and CAB. Our smart AV give people their autonomy back by allowing them to use travel time more productively, while also reducing emissions via our electric powered vehicles. In turn, transportation will ultimately be not just safer, but smarter, and more fluid with AVs as part of the transportation matrix.”
Since launching its first AUTONOM SHUTTLE in 2015, NAVYA has transported over 300,000 people safely to their destinations on both private sites and public roads. The company recently completed a long-term trial of its AUTONOM SHUTTLES in downtown Las Vegas in partnership with Keolis NA and AAA, and is continuing a permanent deployment of AUTONOM SHUTTLES at the University of Michigan’s Mcity and North Campus. The SHUTTLE can transport up to 15 passengers and provides an excellent solution to the issue of “first and last mile transportation” getting people to and from parking areas or public transit hubs where a traditional bus route would not be viable.
In addition to the AUTONOM SHUTTLE, NAVYA unveiled its new AUTONOM CAB in November 2017 and debuted the CAB stateside during CES 2018. Essentially designed as a robo-cab for individualized routes transporting one to six people in urban areas, in either a private or shared mode, NAVYA AUTONOM CAB is on track to begin trials in France and in Australia this year.
Since its inception the AUTONOM range has been comprised solely of vehicles designed without a traditional cockpit, meaning they have no steering wheel, or pedals.
Headquartered in Villeurbanne, France, with Research & Development offices in Paris, NAVYA established its first North American manufacturing facility in Saline, Michigan in 2018. More information about NAVYA and a link to the report can be found on the website at https://navya.tech/safety-report/.
NAVYA is a leading French name in the autonomous vehicle market and in smart shared mobility solutions. With more than 250 employees in France (Paris and Lyon) and in the United States (Michigan), NAVYA develops, manufactures and commercializes autonomous, driverless, and electric vehicles that combine robotic, digital and driving technologies at the highest level. Since 2015, NAVYA has been the first to market and put into service autonomous mobility solutions. NAVYA has a range of two autonomous vehicles: the AUTONOM ® SHUTTLE, launched in September 2015, of which more than 100 had been sold as of 30 September 2018, notably in the United States, France, Germany, Switzerland, Japan and Australia, and the AUTONOM ® CAB, unveiled in November 2017 and whose first road tests will start shortly. Created in 2014 by Christophe Sapet and Robolution Capital (managed by 360 Capital Partners), his reference shareholder, NAVYA’s shareholders also include the Gravitation fund and Paris Region Venture Fund (Région Île-de-France) managed by Cap Decisif Management as well as Valeo and Keolis groups.
NAVYA is listed on the Euronext regulated market in Paris (ISIN code: FR0013018041- NAVYA).
This document may contain certain statements reflecting estimates, forecasts and expectations that constitute forward-looking information. By their nature, these statements are subject to a number of assumptions and entail known and unknown risks and uncertainties as they relate to events and depend on circumstances that will occur in the future. The known risks are those discussed or identified in Chapter 4, “Risk Factors” of NAVYA’s registration document which is available on the company’s website ( http://navya.tech ). The actual results and developments could differ materially from those expressed or implied by these statements and there can be no assurance that these statements will prove to be accurate. The past performance of NAVYA and its subsidiaries cannot be relied on as a guide to future performance. These forward-looking statements should be used with caution and circumspection and in no event can NAVYA or its management be held responsible for any investment or other decision based upon such statements. These forward-looking statements only reflect NAVYA’s view as of the date hereof and the company expressly disclaims any obligation or undertaking to release any update thereto. The information in this document does not constitute an offer to sell or an invitation to buy shares in NAVYA or an invitation or inducement to engage in any other investment activities.
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CONTACT: T. Martin Higgins
ESCAL Consulting New York
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