Glydways Inc. has received funding from Suzuki Motor Corporation.
Glydways wants to transform urban mobility with its new traffic system, which it claims is more convenient, efficient,
and has less infrastructure and operational costs. Apart from the investment, Suzuki and Glydways have initiated conversations regarding collaborating on car development and production.
The Glydcar is a personal vehicle intended for urban mobility, according to the Glydways website. Glydcars travel automatically in designated lanes while transporting up to four passengers nonstop from point A to point B.
Glydcars are designed for passengers with space for all of the things passengers need, like bikes and luggage. Glydcars are also fully ADA-compliant, with room to comfortably ride with a wheelchair.
Commenting on the investment, Toshihiro Suzuki, president of Suzuki Motor Corp, said: “We have a keen interest in the Glydways mission to solve traffic issues globally by using their compact vehicles and lightweight, dedicated infrastructure. Their solution has much in common with Suzuki’s ‘Smaller, Fewer, Lighter, Shorter, and Beauty’ philosophy, and we would like to support Glydways in achieving its vision by offering our expertise, experience, and technology for making small cars.”
Click Here to get the latest EV news and exclusive updates from EV Mechanica on WhatsApp!
