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The company's Series A round was led by experienced venture and growth firms, including Aligned Climate Capital, Ecosystem Integrity Fund, and Remarkable Ventures Climate.
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Through its local bus services (CityLink, LocalLink, QuickLink, and Express BusLink), the MTA delivers more than 75 million passenger trips annually, serving as a cornerstone of Maryland's transit infrastructure.
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Biz Briefs covers the latest supplier news in the motorcoach and public transit industries.
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Biz Briefs covers the latest supplier news in the motorcoach and public transit industries.
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The locomotives will generally draw electrical power from the overhead wires known as catenary, and switch to battery mode for tracks in and around Penn Station where electrical traction power has different characteristics.
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The firm will provide quality assurance, engineering, and administrative services for Metra’s $154 million base order for eight battery-powered trainsets.
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Biz Briefs covers the latest supplier news in the motorcoach and public transit industries.
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The funding from FTA’s Enhancing Mobility Innovation program enables transit agencies and research organizations to advance technologies, strategies, and innovations that create a safe, reliable, equitable, and accessible transit experience.
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The purchase builds on the 60 zero-emission buses that came last year and is in addition to the 205 zero-emission buses slated to come beginning late this year.
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Because Glydways vehicles never share the road with human-driven vehicles, the solution is essentially designed to alleviate increased congestion, drive times, and accident rates.
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