Smart Mobility AM

US city to construct high-speed underground transportation system

South African entrepreneur Elon Musk has confirmed that Chicago looks set to become the first city in the United States to adopt his futuristic concept for mass transit. Tesla CEO Musk is the head of the futuristic transportation company entitled The Boring Company

Japanese conglomerate invests $2.25bn in US self-driving project

A Japanese conglomerate has announced that it will make an investment of $2.25bn in US car manufacturing colossus General Motors. Telecommunications giant SoftBank will invest the capital in GM's autonomous car program in exchange for a stake in the ambitious mobility venture.

Research predicts that sales of driverless cars will soar in the US

Research conducted in the United States is projecting that the sales of autonomous vehicles is set to explode exponentially in the next eight years. The increase in sales is expected to be primarily propelled by aggressive investment from the likes of Google subsidiary Waymo.

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