Goodyear Develops Airless Tire For Autonomous Vehicle Transportation - Goodyear Tire & Rubber (NASDAQ:GT)

Goodyear Tire & Rubber Co GT has developed a non-pneumatic (airless) tire (NPT) and wheel assembly to support autonomous vehicle transportation in a city setting for in-field use with the Jacksonville Transportation Authority (JTA).
Goodyear and Local Motors have tested an Olli shuttle supported by the NPT for the past three years.
Goodyear and Local Motors will gather experiential data from the JTA, looking for viewpoints on ride comfort, noise, and other variables.
While the testing phase will reveal more about non-pneumatic tires, airless tires may offer sustainable, maintenance-free, and longer-lasting options.
"This is an important milestone as we look to advance mobility today and as we look to introduce the first completely sustainable and maintenance-free tires by the end of the decade," said Michael Rachita, Goodyear's senior program manager, non-pneumatic tires.
Price action: GT shares are trading lower by 2.67% at $16.57 on the last check Tuesday.