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Via Transportation Partners with Waymo to Integrate AV Tech into Public Transit
Via Transportation Partners with Waymo to Integrate AV Tech into Public Transit
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BTCCSquare news:
Via Transportation (VIA) shares dipped despite announcing a strategic partnership with Alphabet-backed Waymo to integrate autonomous vehicle technology into public transit systems. The collaboration will debut in Chandler, Arizona, this fall, embedding Waymo's ride-hailing service into the city's Flex microtransit network.
Via's routing algorithms will dynamically match riders with Waymo's fully autonomous vehicles, optimizing fleet efficiency. The deal marks a significant step toward mainstream AV adoption, though markets reacted tepidly to the news.
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