Element to manage Waymo’s autonomous fleet in Toronto launch

Element Fleet Management Corp. (TSX:EFN) has announced it will support Waymo’s planned launch of its autonomous vehicle fleet in Toronto, which is expected to commence in 2028. This partnership marks Waymo’s first operations in Canada and builds upon an agreement from June when Element began supporting Waymo’s autonomous mobility operations in San Diego.

Element will provide end-to-end fleet management for Waymo’s Toronto operations through its Element Mobility division, handling aspects such as fleet lifecycle management, vehicle readiness and maintenance, charging infrastructure, energy management, and connected intelligence. The CEO of Element Fleet Management, Laura Dottori-Attanasio, expressed pride in bringing the company's expertise to Waymo’s Canadian entry, while Waymo co-CEO Tekedra Mawakana highlighted Toronto as an important milestone in the company’s expansion plans.

The partnership is expected to support the hiring of hundreds of roles in various operations functions, as Element currently manages over 1.5 million vehicles globally.

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