Navya: memorandum of understanding with the Ministry of Transport and Telecoms of Bahrain – 06/24/2022 at 10:07


(AOF) – Navya, a specialist in autonomous mobility systems, has just signed, on June 23, 2022, a memorandum of understanding with the Ministry of Transport and Telecommunications (MTT) of the Kingdom of Bahrain, to support the deployment of autonomous vehicles in Bahrain. The agreement between Navya and the MTT aims to help the ministry diversify the modes of public transport in the country, facilitating the implementation of autonomous vehicles for the transport of people, strengthening the economic position and the regional position from Bahrain.

Navya will support the MTT by sharing its experience as well as best practices from its deployments conducted around the world, through to the implementation of regulations and policies for autonomous vehicles.

Additionally, Navya will support the feasibility study of identified potential use cases across the Kingdom, primarily focusing on smart city, airport, industrial site and campus use cases.

Navya will provide analysis, value-added support and implementation recommendations to facilitate the breakthrough of autonomous and electric vehicles in the Kingdom.

AOF – LEARN MORE

New giant in used cars

The market, which represents 400 billion euros in Europe, is subject to a movement of concentration. The British group Constellation has taken over the retail platform, CarNext. The objective is to form a European leader in the sector and to impose itself against other leaders such as the German AutoHero, the British Cazoo or the French Aramis Auto. Fundraising is accelerating. The British Cazoo has announced its listing on the New York Stock Exchange via a Spac (Special Purpose Acquisition Company) to raise $1.6 billion. The German Auto1 Group raised 1.8 billion euros on the Frankfurt Stock Exchange while the French Aramis Group, a subsidiary of Stellantis, entered the Paris Stock Exchange.



Source link -86