Key highlights
- Mitsui Chemicals made an additional investment in Glydways, a U.S. startup developing on-demand personal rapid transit (PRT) using small autonomous electric vehicles.
- Glydways' PRT concept runs platooning small autonomous EVs on dedicated guideways to cut congestion impacts and limit infrastructure costs, with demonstrations in Atlanta, San Jose, Contra Costa and the UAE.
- Mitsui will support vehicle development by supplying materials, auto parts and modules, enabling small-volume production and providing regulatory and market-development assistance in Japan and Asia.
Investment summary
Mitsui Chemicals made an additional investment in Glydways to advance deployment of next‑generation personal rapid transit systems.
Glydways PRT concept and deployment
Founded in 2016, Glydways is developing on‑demand personal rapid transit using small autonomous electric vehicles that platoon on dedicated guideways to reduce congestion, address transport deserts and cut CO2 emissions; demonstrations are underway in Atlanta, San Jose, Contra Costa and the UAE.
Scope of collaboration
Mitsui will support vehicle development by supplying materials, auto parts and modules, enabling small‑volume production, and providing regulatory and market‑development assistance aimed at encouraging adoption in Japan and wider Asia.
