Funding Details
- Awarder
- PlugAndPlayTechCenter
- Date Award
- May 15, 2024
- Funding URL
- View Funding Page
Company Info
- Company Description
- They are developing a self-driving rail vehicle that enables a point-to-point freight transit model, eliminating the time and costs required to gather and pull static railcars with a locomotive. By putting the motive power in the railcar itself, they can reduce the shipment size and route distance typically required for railroad profitability and enable better competitiveness with trucking .Each year in the US alone, goods worth over $690bn are moved by a fleet of 1.6 million railcars. On any given day, 900,000 of these railcars don't move at all. And on every single leg of its journey, a loaded railcar will sit idle for an average of 24.6 hours - just waiting for a locomotive. Rail’s inefficiencies push many shipments to trucking, which is bad for society. Trucks emit 9x more GHGs per ton-mile than rail, add congestion to roads, and contribute to deadly accidents.
intramotev is building a future where no railcar needs to sit idle waiting for a locomotive, and not a gallon of diesel is burned to move them.
Their autonomous zero-emissions vehicles are revolutionizing the future of freight in applications such as mining, intermodal, port, and other industries.
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