Hyperdrive

With Driverless Cars Investors Don't Care If You're First

  • Navya has already sold 15 robotaxis; says it’ll deliver first
  • The French startup is a dwarf, and worth a fraction of Waymo
Driverless cars can't handle bad weather
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In the race to build safe and affordable driverless vehicles, being first to deliver isn’t fetching a premium from investors.

French startup Navya SAS would know: the first standalone self-driving company to be publicly traded has sold 15 of its autonomous vehicles that need no steering wheel, mirrors or pedals, and plans to start deliveries next year.