French urban public transport equipment manufacturer Alstom is investing $14.8 million, and thus taking a minority stake, in EasyMile, an innovative start-up company developing the EZ10 electric driverless shuttle. The investment forms part of the start-up’s ongoing capital increase. In parallel, Alstom and EasyMile have signed a commercial partnership agreement aiming at joining their forces to provide integrated solutions for urban transportation. Alstom will be present at EasyMile’s board.
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