Element partners with Waymo to enable the future of autonomous mobility at scale

About this update from Element Fleet Management Corporation

Strategic multi-year partnership through Element Mobility combines operational scale, digital orchestration, and infrastructure expertise to advance autonomous mobility TORONTO, June 15, 2026 /CNW/ - Element Fleet Management Corp. (TSX: EFN) ("Element" or the "Company"), the largest publicly traded pure-play automotive fleet manager in the world and a global leader in intelligent fleet and mobility solutions, today announced a strategic multi-year partnership with Waymo, a leader in autonomous driving technology, to support the large-scale deployment and operation of autonomous vehicle (AV) fleets. This partnership, enabled through Element Mobility, will provide end-to-end fleet management and operational services to support Waymo's autonomous mobility operation, beginning with an initial deployment in San Diego and expanding to additional markets over time. Designed to support long-term growth, the collaboration combines Element's capital strength, global operational expertise, and intelligent mobility capabilities with Waymo's advanced AV technology and ride-hailing demand platform. Autonomous mobility is rapidly advancing, and scaling these fleets requires more than vehicles on the road; it requires an integrated operational and digital orchestration layer, capable of managing fleet readiness, charging infrastructure, energy optimization, maintenance, compliance, and real-time operational performance across markets. Element brings that capability through a combination of global fleet scale, intelligent mobility technology, digital orchestration, operational execution, and data-driven optimization designed to operate autonomous fleets efficiently, reliably, and at scale. "Autonomous mobility succeeds through operational intelligence, disciplined execution, and the ability to perform reliably across markets," said David Madrigal, Executive Vice President and Chief Commercial Officer, Element Fleet Management. "This partnership combines Waymo's industry-leading autonomous technology with Element's global expertise in fleet management and operations. Together, we are enabling Waymo to scale autonomous mobility efficiently, reliably, and at a premium standard across markets." "Scaling autonomous mobility requires partners with proven operational discipline and global fleet expertise,&quot...

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