Stories by Evangelos Simoudis

Expert Voices

Deploying AVs for ride-sharing could make urban transit more efficient

A road sign with an icon of a lightbulb
Illustration: Lazaro Gamio/Axios

As the popularity of single-passenger ride-hailing soars, cities struggling with worse congestion and longer travel times are starting to experiment with autonomous shuttles, especially for short trips.

Why it matters: AV ride-sharing could help to efficiently bridge gaps between other forms of transportation services, from public transit to bikes and scooters. This could reduce congestion and enable more travelers to complete their trips more quickly, though cities and companies may need to offer incentives to spur adoption.

Expert Voices

VC firms are adjusting their strategies for AV startups

a car with colored dollar signs in the windowshield
Illustration: Sarah Grillo/Axios

As companies progress from experiments with a few autonomous vehicles to pilot deployments of hundreds of them, early-stage startups — whose technologies and teams can give fleet operators unique advantages in quickly fielding AVs at scale — are being pre-emptively acquired at high prices.

Why it matters: While the broad deployment of AVs may still be years away, the race to capture market share is already transforming both venture investments and the types of startups that receive them.