Étienne Hermite, Chief Executive Officer

 

Etienne HermitNAVYA de1ecMadam, Sir, dear investors,

Following our IPO on Euronext Paris in 2018, I have the great pleasure, as Chief Executive Officer and on behalf of all the employees of the Group, to tell you about NAVYA, a French leader in autonomous driving systems.

What is NAVYA?

Created in 2014, the Company has been the first to market and put into service autonomous mobility solutions. Today with 280 employees in France and the United States, NAVYA's ambition is to be the leading player for the supply of autonomous driving systems for the transport of passengers and goods.

Our mission: to support our customers - cities, transport operators and private sites - by reshaping their transportation systems. To do this, we develop autonomous driving systems capable of solving the first and last mile issue.

 

 « Mobility as a service » : mobility, a buoyant market supported by structural trends

Today, mobility services are confronted with the triple challenge faced by the urban transport ecosystem: economic, environmental and social.

The market is indeed evolving with a shift from personal vehicles to mobility solutions (individual or shared), which are used as a “service”.

“Mobility as a service” is in line with underlying trends such as the exponential development of cities and megacities, which leads to a new economy of sharing and use.

The benefits of these new mobility services are clearly identified : reducing pollution, reducing congestion in city centres, reducing energy consumption and maximizing road safety.

The ambitions of NAVYA

In 2019, the various pilots carried out on a global scale demonstrate the relevance of autonomous vehicles as tomorrow’s innovative and responsible mobility solution over short distances - first and last mile - within a controlled environment and at limited speed.

In 2020, NAVYA will continue to invest in the development of its technology and is reasserting its ambition of being the leading player in supplying level 4 (within a limited context and pre-defined situation, the car is able to move without a safety driver onboard the vehicle) autonomous driving systems.

Endowed with a strengthened financial structure, I am convinced that our teams’ commitment and our technological leadership will allow us to seize market opportunities and establish NAVYA as the benchmark partner in supplying autonomous driving systems on this market segment