Partnership enables frictionless electronic toll payments across Italy, so drivers can continue their journey without having to stop and pay AMSTERDAM, Jan. 28, 2026 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today a partnership with Italian rental car company Locauto Group to offer an electronic toll payment solution across Italy. Drivers can easily opt in to the program in all 100+ Locauto rental locations - covering air ...

70% favor automated enforcement to better protect kids in school zones MESA, Ariz., Jan. 27, 2026 /PRNewswire/ -- As the school year hits a midway point, a recent Verra Mobility 2025-2026 school year survey, issued via Pollfish, reveals that parents and caregivers of school-aged students overwhelmingly support the use of automated enforcement to improve student transportation safety. The survey, which included 2,000 parents or caretakers of children who walk, drive, are driven, or take transportation to sch ...

Core Insights - Verra Mobility Corporation has been selected by Glendale and Long Beach, California, to implement speed safety programs, marking the third and fourth cities to contract with the company for this initiative [1][3] - The speed safety pilot program is part of California's Assembly Bill 645, which emphasizes data protection, equitable fines, and community engagement [3] - The deployment will include nine speed safety systems in Glendale and 18 in Long Beach, aimed at reducing speeding and preventing traffic-related injuries and fatalities [3] Company Overview - Verra Mobility is a leading provider of smart mobility technology solutions, focusing on making transportation safer and more efficient [6] - The company has over 20 years of experience in automated traffic enforcement and operates similar programs in San Francisco and Oakland [2][4] - Speed safety programs implemented by Verra Mobility have shown significant results, with reductions in speeding by up to 94% and a reported 50% decrease in traffic deaths in San Francisco [4]

Core Insights - Verra Mobility Corporation, a leader in smart mobility technology solutions, will participate in a virtual fireside chat at the CJS Securities New Ideas for the New Year Conference on January 14, 2026 [1] Company Overview - Verra Mobility Corporation (NASDAQ: VRRM) is a prominent provider of smart mobility technology solutions aimed at making transportation safer, smarter, and more connected [2] - The company integrates vehicles, hardware, software, data, and people to deliver efficient solutions globally, focusing on transportation safety systems and parking management [2] - Verra Mobility operates in North America, Europe, and Australia, addressing complex payment, utilization, and compliance challenges for fleet owners and rental car companies [2]

Core Insights - Verra Mobility Corporation has launched AutoKinex, an OEM-ready in-vehicle commerce platform that integrates payment technology for various mobility services [1][2][4] Group 1: Product Overview - AutoKinex allows drivers to pay for services such as tolling, road usage charging, parking, fueling, and EV charging directly from their vehicles [2][4] - The platform is designed to work with 2021 model year and newer Chrysler, Dodge, Jeep, and Ram vehicles in the U.S. through a partnership with Stellantis [2][7] - AutoKinex processes payments instantly and securely, providing real-time charges displayed in the vehicle's infotainment system if enabled [4][6] Group 2: User Experience - Drivers can pass through most toll plazas without stopping, and if a transponder is needed for gated tolling locations, Verra Mobility will provide one at no charge [5][6] - The service simplifies the payment process by verifying the vehicle's location in relation to toll sites and automatically paying the toll on behalf of the driver [6][8] - Enrollment for the service is free, and new users receive their first 30 days at no cost [7] Group 3: Strategic Importance - AutoKinex provides automakers with a scalable revenue channel by embedding essential services and payments in vehicles, enhancing the connected mobility experience [7][8] - The platform consolidates multiple mobility services into a single, intuitive solution, reducing complexity for drivers and manufacturers alike [8]

Core Insights - A recent survey by Verra Mobility indicates that over 75% of Americans have a positive or neutral view towards road usage charging, suggesting a shift in funding preferences for infrastructure projects [1][2] Survey Findings - 51% of respondents support toll roads for funding transportation projects, with 30% neutral and 20% against [5] - 93% of participants believe that infrastructure in their state requires improvement [5] - 73% of Americans think that electric vehicle (EV) owners should pay an 'energy tax' to recoup funds for infrastructure [5] Perceptions of Toll Roads - 67% of respondents find toll roads fairer than taxes [6] - 76% accept paying tolls if the revenue is used for improving road and bridge quality [6] - 72% believe everyone should pay the same toll rate [6] - 75% think tolls should remain constant regardless of the time of day [6] - 65% would be more willing to pay tolls if they knew the revenue was dedicated to infrastructure projects that benefit them directly [6] - 67% believe tolls should be eliminated once a project is fully funded [6] Industry Context - The U.S. tolling market was valued at approximately $12.5 billion in 2022 and is projected to grow to $18.6 billion by 2030 [4] - The federal gas tax, a traditional funding source for infrastructure since 1932, is declining due to the rise in EV sales, with Pennsylvania experiencing a $250 million drop in gas tax revenue from 2019 to 2024 [3] Company Overview - Verra Mobility is a leading provider of smart mobility technology solutions, processing over 300 million tolls and violations annually for more than seven million vehicles worldwide [7][9] - The company aims to help fleet owners manage toll payments efficiently, ensuring accurate billing and seamless travel across toll networks [7]

Financial Performance - Total revenue reached $262 million, a 16% year-over-year increase[6] - Adjusted EBITDA was $113 million, reflecting an 8% year-over-year growth[6] - Adjusted EPS increased to $037, a 16% year-over-year growth[6] - Free Cash Flow stood at $49 million, with a 43% Free Cash Flow conversion of Adjusted EBITDA[6] Segment Highlights - Government Solutions service revenue grew by 19% year-over-year, driven by red-light camera installations and 11% growth outside of New York City[9] - Commercial Services revenue increased by 7% year-over-year due to increased travel volume, product adoption, and tolling activity[9] - Parking Solutions SaaS and Services revenue grew by 3% year-over-year, driven by increased professional services and SaaS recurring revenue[9] Strategic Initiatives and Outlook - The Board of Directors authorized a $150 million increase to the existing stock repurchase program[9] - The company is increasing its 2025 revenue guidance, driven by the New York City expansion[9] - The New York City Department of Transportation red-light camera expansion program includes a change order authorizing the installation of up to 250 additional red-light cameras in 2025[9] - The company anticipates a total contract value of $963 million over the next 5 years from the New York City contract[45]

Core Insights - Verra Mobility Corporation is actively promoting school transportation safety during National School Bus Safety Week by providing a free toolkit to communities nationwide [1][4] - The company emphasizes the importance of education regarding school bus safety, as nearly 25% of drivers are unaware of the law against passing a stopped school bus [2][3] - Verra Mobility's school bus stop arm program utilizes AI-enabled cameras to capture violations, resulting in a significant change in driver behavior, with 98% of violators not repeating their offenses [6][7] Company Initiatives - The toolkit created by Verra Mobility includes social media posts, educational messaging, and statistics to raise awareness about safe driving around school buses [4] - The company has equipped thousands of school buses with technology aimed at improving safety and reducing illegal passing incidents [7] - Verra Mobility's efforts have led to some programs experiencing up to a 67% reduction in citations for illegal school bus passing from the start to the end of the school year [6] Industry Context - The urgency for education on school bus safety is highlighted by recent incidents involving children being injured or killed while boarding or exiting school buses [3] - The National Highway Traffic Safety Administration's findings indicate a significant gap in driver awareness regarding school bus laws, underscoring the need for initiatives like those from Verra Mobility [2]

Core Insights - NWTN Group has appointed Mr. Yehong Ji as Independent Director, enhancing the Board's governance and supporting strategic transformation initiatives [1][3] - Mr. Ji brings over 30 years of international investment banking experience, having led significant transactions for major Chinese enterprises, and will aid in governance enhancement and blockchain initiatives [2][4] - The CEO of NWTN, Mr. Benjamin Zhai, emphasized that Mr. Ji's diverse background will strengthen strategic decision-making and long-term competitiveness in smart technologies and sustainable development [3] Company Overview - NWTN Inc. is a UAE-based global smart technology company focusing on smart mobility, advanced manufacturing, and blockchain solutions, and is transitioning to the corporate name Robo.ai Inc. [5]

Core Points - NWTN Inc. announced a change to the voting agenda for its extraordinary general meeting of shareholders (EGM) scheduled for August 12, 2025 [1][2] - The company intends to withdraw the proposal regarding the removal of certain directors from the board (Proposal No.2) from the voting agenda [2] Company Overview - NWTN Inc. is a UAE-headquartered global intelligent technology company focusing on smart mobility, smart manufacturing, and smart contracts [3] - The company aims to expand its smart technology ecosystem across markets including MENA and Southern Europe, driving sustainable development through technological innovation [3]