Benzinga | Mar 30, 2021 06:14AM EDT

Polaris And Optimus Ride Announce Partnership For Exclusive Line Of Polaris GEM Electric Low-Speed Vehicles To Be Manufactured To Integrate Optimus Ride's Autonomous Software

Optimus Ride, a leading autonomous mobility service provider, and Polaris Inc. (NYSE:PII) today announced a partnership to bring fully autonomous GEM vehicles to market. Under this joint development agreement, an exclusive line of Polaris GEM electric low-speed vehicles (LSVs) will be manufactured to fully integrate Optimus Ride's autonomous software and hardware suite direct from the factory for deployment nationwide on streets in residential communities, corporate and academic campuses, and other localized environments. This partnership builds upon an investment Polaris made last year in Optimus Ride. Combining Optimus Ride's cutting-edge, full-stack autonomous vehicle technology with Polaris' ability to quickly develop and scale production of these state-of-the-art vehicles represents an important milestone in the deployment of driverless, remotely monitored autonomous vehicles.