Moovit and May Mobility are partnering to expand the reach of shared autonomous vehicles and AV microtransit projects to bridge gaps in public transit.
The companies are poised to capture a portion of the nearly $2 trillion total addressable market that Frost & Sullivan projected for the Mobility-as-a-Service (MaaS) sector. May Mobility’s autonomous vehicle fleets, powered by its unique Multi-Policy Decision technology, will work with Moovit’s urban mobility app and on-demand reservation and routing software. The partnership will allow riders to plan, pay and ride in shared autonomous vehicles (AVs) while providing them a safe, accessible and sustainable form of mobility in regions around the globe.
Moovit’s urban mobility app offers users multimodal trip planning for any mode of transport with real-time information. The company also offers governments, transit agencies and private companies MaaS solutions that cover planning, operations and optimization, including its on-demand routing and fleet management software, Moovit On-Demand.
“The combination of Moovit and May Mobility’s technologies, products and services will provide communities around the world with more mobility alternatives to choose from,” said Nir Erez, co-founder and CEO of Moovit. “We share a vision of filling in the gaps in public and shared autonomous transportation and will work diligently to provide better access to accessible and sustainable transportation.”
May Mobility has given more than 320,000 autonomy-enabled rides in the last five years via 10 deployments in the U.S. and Japan. This also includes AV services that serve communities in Minnesota, Michigan and Texas, with other deployments set to launch in coming months.
“A big part of our go-to-market strategy is to partner with industry leaders that will take out services to the next level. Moovit is a trusted industry leader that serves more than 1.7 billion riders globally, and their services and relationships will further enhance our ability to scale,” said Edwin Olson, co-founder and CEO of May Mobility. “We look forward to growing this partnership with Moovit through expanded geographic areas and leveraging each other’s strengths to serve all passengers.”
The collaboration between Moovit and May Mobility will offer more cities around the world a complete mobility package. Potential users of the future unified mobility app will be able to view options for taking May Mobility AVs alongside other modes of public transit, such as buses or trains, receive real-time arrival information, live directions and step-by-step guidance throughout the entire journey, service alerts, and more. Moovit will also plan to bring its Moovit On-Demand software to May Mobility’s back office, facilitating the ability for May Mobility’s team to better manage services and vehicles all in one console.
