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investment

Multiple scenarios possible in the Trump era

As I mentioned in this space last time, the November election was shaping up to be “quite momentous.” Few people knew what an understatement that was. Just as inconsistent as he has been on many other issues so far, how Donald Trump’s Administration governs public transportation is equally uncertain, and the industry must be ready to cope with the many outcomes.

Alstom invests in driverless vehicle co. Easy Mile

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.

GM invests $500M in Lyft

As part of the investment into Lyft, GM will work on developing an autonomous, on-demand network of self-driving cars.

$8.2B invested along 20 miles of Valley Metro light rail

Economic development within one-half mile of the system has been stimulated by ridership that has exceeded original projections. Valley Metro began compiling development activity since construction started in 2005 as part of an economic development database.

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