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Moove Partners with Waymo: A New Era in Urban Mobility

In a groundbreaking announcement, Moove, a global leader in innovative mobility solutions, has partnered with Waymo, the frontrunner in autonomous driving technology. This collaboration aims to reshape urban mobility, marking a significant change in how city transportation will be managed in the future.

Fleet Partnership Overview

Under this partnership, Moove will oversee and deploy Waymo's fully autonomous fleet, starting with operations in Phoenix in 2025 and set to expand to Miami in 2026. Moove will handle the fleet's operations, infrastructure, and charging requirements, ensuring smooth functionality for Waymo's electric autonomous vehicles. Meanwhile, Waymo will continue to operate its service via the Waymo One app and will remain responsible for the validation and operation of its autonomous driving technology known as the Waymo Driver.

Statement from Waymo's Operations VP

Ryan McNamara, Waymo's Vice President of Operations, expressed enthusiasm about the partnership, emphasizing the blend of Moove's fleet management expertise with Waymo's growing service. He stated, "Together, we will provide safe and efficient rides, scaling more rapidly and cost-effectively while prioritizing safety."

Ongoing Commitment to Existing Customers

While venturing into the autonomous vehicle segment, Moove reaffirms its commitment to its current clients in emerging markets. They will continue to offer their flagship product, Drive-to-Own (DTO), designed to democratize vehicle ownership for mobility entrepreneurs who are often underserved, thus enabling them to flourish in their ventures.

Autonomous Vehicles and Traffic Safety

This shift towards autonomous vehicles is not just about innovation; it's tied to addressing pressing issues within traditional mobility systems. The World Health Organization cites traffic accidents as a leading cause of death worldwide, with approximately 1.19 million fatalities each year. Solutions like shared mobility can reduce urban congestion, enhance safety, and create more sustainable urban environments.

Moove's expertise in fleet management allows Waymo to focus on the advancement of its cutting-edge Waymo Driver technology while ensuring a safe, reliable, and sustainable ride experience for passengers.

Moove's Vision for the Future

Ladi Delano, Co-founder and CEO of Moove, remarked, "Shared transport services have transformed urban mobility over the past fifteen years, yet the fundamental experience has largely remained the same. With Waymo's reliable and safe service, we're pushing a significant change in urban transport."

Moove understands that mobility solutions are not one-size-fits-all. As it expands into electric vehicles across the U.S., the company is committed to serving customers globally while continuing to present unique financing solutions for disadvantaged mobility entrepreneurs.

Global Expansion Strategy

Moove's entry into the U.S. market is part of a larger strategy to build the world's most extensive fleet and top-tier mobility technologies. This growth trajectory is largely fueled by Moove's global partnership with Uber, among others, and significant investment support from globally recognized investors, including Uber in its Series B funding in 2024. Currently, Moove operates across 12 markets in Africa, the Middle East, Europe, Asia, and Latin America, servicing over 30,000 mobility entrepreneurs worldwide and facilitating more than 50 million Moove-funded rides.

Moove's Impact on Global Mobility

Moove is on a mission to revolutionize mobility, focusing on making transit safer, more efficient, and accessible for everyone while developing sustainable employment opportunities within the evolving mobility sector. To date, the company has made a substantial global impact:

• - Raised over $500 million in combined capital and debt funding from leading investors.
• - Launched operations in 12 markets across four continents within just four years.
• - Positively impacted over 100,000 lives through job creation and accessibility to transportation.

In conclusion, Moove and Waymo's partnership not only positions them at the forefront of urban mobility innovation but also reflects a commitment to safety, sustainability, and efficiency in transportation services that will benefit a myriad of users globally.