Element Fleet Begins Next Phase of Waymo Partnership Ahead of 2028 Toronto Launch

01:15 PM EDT, 10/16/2026 (MT Newswires) -- Element Fleet Management (EFN.TO) is beginning the next phase of its partnership with Waymo, as it prepares to roll out its self-driving fleet in Toronto in 2028, the company said on Friday. The multi-year partnership between the two parties was announced in June, when Element began supporting Waymo's operations in San Diego. "This partnership demonstrates how Element is evolving to support the next generation of mobility: combining our fleet leadership, intelligent mobility solutions, and operational capabilities to help our clients and partners scale efficiently and reliably across markets," said Element Fleet Chief Executive Officer Laura Dottori-Attanasio. Element will help maintain Waymo vehicles to ensure they are charged and ready for deployment in Toronto. "This integrated model is designed to maximize vehicle availability and utilization, reduce operational downtime, and provide a scalable foundation for autonomous mobility as Waymo expands," the Element Fleet statement said. Element Fleet shares were last seen down CA$0.19 at CA$21.62 on the Toronto Stock Exchange. Price: 21.62, Change: -0.19, Percent Change: -0.87