The future of roads.

Informal Working Group on Intelligent Transport SystemsNovember 19, 2021

Presentation ITS-03-033rd IWG on ITS meeting, 19 Nov. 2021

Provisional agenda item 5

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We simplify and enhance the driving environment to address disengagements and enable a hands-off, eyes-off driving experience

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Cavnue can add value among numerous users

Improves redundancy for L2+

systems

Improves quality of driver experience

Reduces shipping costs

Additional savings via battery electric

fleet integration

Increases responsiveness to

maintenance needs

Reduces maintenance

expenses

Transforms MoT capabilities

Improves safety, which reduces

operating costs

Enhances fleet management and

planning

Improves reliability

Provides equitable access to autonomy

Improves safety

Increases throughput and time

savings

Provides value of autonomy to passengers

Creates opportunity for future integration

with EV charging

Digitizes traffic monitoring and management

Increases responsiveness to

accidents

Reduces operating expenses

Minimizes revenue leakage

Dedicated and / or mixed use lanes for autonomous trucks, autonomous transit, and passenger AVs

Digital twin to improve road operations and maintenance

Trucking Transit Passenger Operations Maintenance

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Nicole NasonChief Safety Officer, Head of External AffairsFormer Administrator of both FHWA and NHTSA

Tyler DuvallChief Executive OfficerNationally recognized leader in transportation

US DOT FHWA

Jaime WaydoChief Technology OfficerFormer Waymo Chief Systems Engineer; most recently led Apple’s autonomous systems efforts

Cavnue is led by a world-class team with expertise in AV, technology, transportation, and policy

Government Transportation Expertise AV and Technology Expertise Automotive Industry Expertise

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TECHNOLOGY PARTNER AND INVESTOR INFRASTRUCTURE PARTNER AND INVESTOR

The future of infrastructureSIP is the JV platform between Alphabet and OTPP to develop innovative infrastructure assets.SIP launched Cavnue to build the Future of Roads.

Improving Road Asset Yields & Pursuing Roads of the Future Cavnue is building the Future of Roads – supportive, tech-enabled infrastructure to unlock the full potential of advanced / driver assist / autonomous driving systems.Cavnue is a technology and operating partner to public and private sector road operators.

Patient capital for upfront and new

project-level investments

Cavnue is backed by leading infra and tech players

Unique, future-

looking platform

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1. Making it easier for vehicles and people to see the road ahead

2. Talking to vehicles and people to provide deeper insights about the complex roadway operating environment, including events happening ahead

3. Simplifying the road operating environment for vehicles and people

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1. Making it easier for vehicles and people to see the road ahead

2. Talking to vehicles and people to provide deeper insights about the complex roadway operating environment, including events happening ahead

3. Simplifying the road operating environment for vehicles and people

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1. Making it easier for vehicles and people to see the road ahead

2. Talking to vehicles and people to provide deeper insights about the complex roadway operating environment, including events happening ahead

3. Simplifying the road operating environment for vehicles and people

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DATA INFRA & LEARNINGUTILITIES

APPLICATIONS & USERS

Physical interface

Data interface

Applications Operator

Display of insights to operators and policy-

makers to facilitate decision-making and

enable control and optimization of road

and fleet O&M.

Power Connectivity

Provision of energy and communications

to power the technology and

transmit data to and from the roadside to

the cloud.

ML / Analytics Infrastructure

Trained analytics models, compute & data infrastructure

that provide the foundation for the

digital twin

MDOT

Key Stakeholder

Transit Operator

Trucking Operator

Cavnue mitigates disengagementsDIGITAL TWIN

Digital TwinVRUL2+ vehicleHuman Driver

SENSING

PHYSICAL ODD SIMPLIFICATION & ENHANCEMENT

ROAD USERS ACTUATION

Information that can guide toward the “ideal state” is transmitted to L2+ vehicles.

APIsDigital Signs V2X Comms

L2+ vehicles receive

information from the infrastructure

to enhance perception and path planning.

Sensors

Vehicles and road state are detected.

Sensed data is aggregated and

interpreted and the “ideal state” is

calculated to provide feedback to L2+

vehicles.

Barriers Lighting Signaling Road Design

Interventions are made to the physical infrastructure to mitigate or eliminate

disengagement scenarios.

INTEGRATIONS

APIs

Information sent to OEMs to help with tech

ops & development.

OEM

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We unlock capital and absorb demand risk to enable investment in roads of the future

Public investments in road infrastructure face three key challenges

Cavnue deploys private capital to align financial and technology risk with the public sector

30%of annual revenue linked to declining gas tax base

20-year cycleraises the stakes on bad technology investments

Risk aversemunicipal finance is less willing to make bets on technology and AV trends

>$100Bin private infrastructure capital in North America remains unallocated

Risk alignedinvestments fund new technology and anticipate future demand growth

Institutional backingenables Cavnue to effectively raise and deploy project financing

HIGHLY CONFIDENTIAL | DO NOT DISTRIBUTE | CAVNUE PROPRIETARY 12

Partnership Model

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Technology Partnership Model

Government Partner• Evaluate benefits and support programmatic

approach to tech deployment• Expedite internal processes and reviews• Provide necessary data and access to

resources

• Unique expertise, particularly with regards to CAVs

• Financial support for planning, design, construction and operations

• Build/buy/partner technology integration• Partnerships with Auto/AV/Freight

industries

• Provide mobility, health, economic and connectivity benefits to all residents

• Leverage private sector investment in infrastructure to seek additional federal funding

• Develop clear understanding of issues to address for existing/future technology

• De-risk all aspects of integrated technology projects for government

• Build scalable products, including CAV lanes, for both other IOOs and Auto/AV/Freight industries

• Incentivize continuous innovation for both partners

Partnership Outcomes

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• 2-4 months

• CAV Readiness Framework Analysis• Identify projects(s) to take into more

detailed development activities

• Full Issue Discovery Analysis• Concept of Operations for CAV and other

technology improvements• Option for instrumentation of corridor ROW• Implementation Agreement

Phase OneCAV Readiness Framework Analysis

Phase TwoCorridor CAV and Technology Plan

Phase ThreeImplementation

• Assess the readiness of the Port Authority portfolio of transportation assets specifically from the perspective of AV/CV applications, as per AASHTO’s NCHRP 20-24(112)

• Evaluate CAV lane needs (right of way configuration, civil design, traffic mix, congestion) and articulate the economic benefits of CAV in a given area

• 4-6 months

• Conduct safety, traffic, civil, technological, and financial feasibility of CAVs and technology improvements on a project(s)

• Include stakeholder workshops and industry partnership (OEMs, terminal operators, freight/logistics companies, EV Charging company) meetings

• Develop and deliver the technology, environmental and civil improvements, including testing

• Develop analytics platform around safety, congestion, and operations

• Continued outreach to stakeholders along the corridor

• 6-24 months

• Complete all engineering drawings and permits

• Deploy technology and roadway improvements for CAVs and other solutions

• Deliver analytics platform

Partnership Proposal FrameworkSc

ope

Del

iver

able

sTi

mel

ine

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Project overview: Michigan CAV Corridor from Detroit to Ann Arbor

Michigan Project: Highway CAV lane + boulevard test-bed