Renault-Nissan-Mitsubishi investment arm takes stake in Canadian mobility app
The mobile app is a one-stop shop for more than 175 metropolitan areas around the world, providing users with real-time transportation data. Led by Alliance Ventures, the Series B investment raised over $17 million and accelerates the startup company's mission of helping people reach destinations without using a car, a Transit spokesman said in an email.
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#1 Nov 5, 2018
""Transit CEO Sam Vermette said in a statement: "New modes of mobility are entering the market at record speeds. It took decades for car-sharing to catch on. Now, e-bikes and scooters are being rolled out in weeks. This is an exciting time, as Transit helps people navigate their new mobility options.""
Interesting, what will the actual "consequences" be when allegro.ai gets the AI self driving autonomous vehicle on the road? When something happens and a wreck, sensor fail or other problem like a bug that shows itself when certain circumstances are encountered, how do you address who's culpable? Mass data attacks causing data corruption and just a "simple" denial of service attack, how do you "handle" that in real time?
If and when this is "rolled out", what happens to insurance? DO YOU still have to carry auto insurance, even if the car you're in is not owned by you? Will the liability and medical portion of an insurance policy become greater or less?
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