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An announcement from Steer Technologies ( (TSE:ARGH) ) is now available.
Argo Corporation has launched the world’s first vertically integrated Smart Routing™ transit system in Bradford West Gwillimbury, Ontario. This innovative system, featuring Argo X1 electric vehicles and Smart Routing™ technology, offers residents a dynamic and efficient transit experience by optimizing routes based on real-time data. The phased rollout will replace existing fixed bus routes, promising improved accessibility, reduced traffic, taxpayer savings, and environmental benefits. This deployment marks a significant step in urban mobility, showcasing Canadian innovation and setting a new standard for cities worldwide.
More about Steer Technologies
Argo Corporation, founded in June 2024, is a leader in next-generation transit solutions, offering the world’s first fully vertically integrated transit system. The company combines Argo X1 electric vehicles, Smart Routing™ technology, and comprehensive operational management into a single end-to-end solution. Argo aims to transition municipalities from traditional fixed-route services to dynamically optimized transit systems, enhancing efficiency, coverage, and rider satisfaction while maintaining standard public transit pricing.
YTD Price Performance: 88.89%
Average Trading Volume: 16,644
Technical Sentiment Signal: Sell
Current Market Cap: $23.36M
For detailed information about ARGH stock, go to TipRanks’ Stock Analysis page.