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Toyota AV-Shuttle Bet May Mobility Raises $83 Million

May Mobility uses Lexus Rx450 hybrids in its fleet, and will switch to Toyota Sienna minivans this year.
May Mobility uses Lexus Rx450 hybrids in its fleet, and will switch to Toyota Sienna minivans this year.Source: May Mobility
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May Mobility Inc., a self-driving shuttle startup backed by the venture arms of Toyota Motor Corp. and BMW AG, raised $83 million in its largest funding round to date.

The Ann Arbor, Michigan-based company operates 25 autonomous vehicles in five cities including Arlington, Texas, and Hiroshima, Japan. Over the next two years, May will use the money to advance its self-driving software to the point that it can remove human safety drivers from shuttles and replace them with remote supervisors who can monitor several vehicles at once.