Autonomous, connected tech are driving transit sector with $5.7B investor infusion

The transportation market received $5.7 billion worth of investments last year as driverless and connected technologies became a regular fixture in new car models, write Brook Porter, Michael Linse and Zach Barasz. The new vehicle trends are also helping encourage car-sharing services and reduced car ownership, along with investments in battery-powered engines, lightweight materials and 3D technologies, which will help build efficient multimodal transportation networks, they write.