Construction

Expert Voices

Startups pivot to AVs for farming, shipping and more

Illustration: Aïda Amer/Axios

Despite the greater hype around fully self-driving cars, a growing number of companies are developing AV technology for industries like agriculture, construction, mining and maritime shipping.

Why it matters: Many of these sectors use human-operated vehicles in structured, repetitive, non-public environments: Think tractors driving down rows of crops or pickups shuttling materials across a construction site. Applying AV technology in such constrained settings could offer a more straightforward path to market — and an equally compelling business case.

Every key indicator of confidence fell among builders for the first time in 2 years

A construction worker stands at the end of a ladder in front of a New York skyscraper.
The Hudson Yards development on the West Side of Midtown Manhattan. Photo: Drew Angerer/Getty Images

Why it matters: Construction is a barometer of the economy, and "when it starts to falter, it's a sign that there's cooling ahead," according to a joint survey by the U.S. Chamber of Commerce and construction firm USG, first provided to Axios.