What NEXT Future Transportation does

NExT S.R.L., operating as NEXT Future Transportation, is a Padua-based company founded in 2015 that designs, manufactures, and distributes modular electric vehicles and supporting software platforms for urban mobility and logistics. Its core product, the NX23 modular vehicle, is an electric unit capable of autonomously joining and detaching with other modules on standard city roads to form bus-like configurations in which passengers can move between connected pods. The underlying technology combines proprietary automation systems with ADAS to enable swarm commuting (in-motion passenger redistribution between joined pods), taxi pooling without intermediate stops, and in-motion logistics redistribution for cargo. The company also offers a premium private mobility experience, NExT VERO Signature, targeting VVIP customers. NExT holds a registered NEXT trademark and patented modular vehicle technology, and operates an ISO 9001:2015-certified quality management system.

NExT pursues a multi-stream revenue model: hardware sales of modular EV units, subscription-based Mobility-as-a-Service (MaaS) for system orchestration, and usage-based on-demand transport services (airport last-minute, flexible electric city-bus, swarm commuting on-demand, cargo). The go-to-market is enterprise-led, with an RFQ process and a website pre-order form targeting municipalities, transport operators, delivery companies, airports, and private site operators, supplemented by digital marketing (LinkedIn, YouTube video content) and a direct premium channel for VVIP customers via VERO Signature. Pricing is not publicly disclosed and is handled through RFQ. The company has raised approximately $2.59M across three rounds (2017 StartEngine, 2018 RTA/TURN8, 2024 Cysero), with the April 2024 Cysero-led round earmarked for expansion and partnerships with national and international players.

Name

NEXT Future Transportation

Legal name

NExT S.R.L.

Website

https://next-future-mobility.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

NExT S.R.L. (NEXT Future Transportation) is a Padua, Italy-based company that designs modular electric vehicles and a Mobility-as-a-Service platform enabling vehicles to autonomously join and detach on standard roads, serving municipalities, transport operators, delivery companies, airports, and premium private customers.

Ownership category

akta.pro rank

Product category

Modular Electric Vehicles

NAICS

Motor Vehicle Body and Trailer Manufacturing (33621), Motor Vehicle Electrical and Electronic Equipment Manufacturing (33632)

SIC

Truck & Bus Bodies (3713), Miscellaneous Transportation Equipment (3790)

akta.pro primary industry

Corporate Mobility & Car Sharing / Pool Fleet Management (TLABAHAO)

akta.pro secondary industry

Corporate Vehicle Subscription & Flexible Access Programs (TLABALAH)

Keywords

• Modular electric vehicles
• Mobility as a service
• Swarm transportation systems
• Electric vehicle manufacturing
• Urban public transport

Headquarters

HQ city

Padua

HQ country

Italy

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Technology or R&D, Operations, Supply Chain, Marketing or Sales

Revenue model

1. Modular Electric Vehicle Sales: Sale of modular electric vehicle units to municipalities, transport operators, private site operators, and delivery companies. Vehicles can be purchased as single units or configured for specific use cases (city-bus, cargo, airport solutions).
2. Mobility as a Service (MaaS): Comprehensive smart transportation system services including on-demand mobility, swarm commuting, and flexible electric city-bus services.
3. Services & Mobility on Demand: On-demand transportation services including airport 'Last Minute' solutions, flexible electric city-bus, swarm commuting on-demand (taxi-bus), and cargo solutions.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

NExT S.R.L. designs, manufactures, and distributes modular electric vehicles capable of physically joining and detaching on standard public roads to dynamically scale passenger and cargo capacity. Around the NX23 modular vehicle, the company sells a NExT MaaS (Mobility as a Service) platform and service configurations including taxi pooling, cargo redistribution, and swarm commuting for municipalities, transport operators, delivery companies, airports, and private sites. A premium NExT Signature VERO program offers private chauffeur-driven modular mobility to high-net-worth clients.

Product overview

NExT S.R.L. offers a unified smart transportation ecosystem built around modular electric vehicles. The core product is the NX23 modular vehicle platform, which can autonomously join and detach from other modules on standard roads. This is supported by the NExT MaaS (Mobility as a Service) platform for system-wide orchestration. Premium customers access the offering through NExT VERO Signature, while operational services include taxi pooling, cargo solutions, and swarm commuting on-demand. All components share the proprietary modular architecture enabling flexible capacity from single vehicles to multi-pod formations.

Differentiator

Problem solved

Functional benefit

Products and services

• NX23 Modular Vehicle Patented modular electric vehicle platform that can physically join and detach with other units on standard public roads to dynamically scale passenger and cargo capacity. Sold to municipalities, transport operators, delivery companies, airports, and private sites as the hardware foundation of the NExT ecosystem.
• NExT MaaS (Mobility as a Service) Platform Software and service platform that orchestrates modular NExT vehicles across taxi pooling, cargo redistribution, swarm commuting, and on-demand transport scenarios for public and private operators. Includes drone-as-a-service swarm operations integration and ADAS-enabled fleet automation.
• NExT Signature VERO (Premium Private Mobility) Application-based premium chauffeur-driven mobility service delivered via the modular NExT vehicle platform for high-net-worth private clients. Positioned as a luxury tier distinct from the B2B transit offering.

Quantifiable outcome

• 80% less traffic generated
• +5 more outcomes

Segments6 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• National and International PartnersminorStrategic or Co-development Partner · 4 April 2024Collaboration with other national and international partners as part of the expansion and development plan for sustainable mobility systems. Details of specific partners not disclosed.

Scale indicators7 records

Recent moves3 records

Expansion highlights5 records

Direct peers

• EasyMile: Developer of autonomous electric shared shuttles (EZ10) deployed in cities, airports, and campuses across Europe and globally. Directly comparable to NExT as a European autonomous shared-shuttle vendor targeting municipalities and airports with similar B2G sales motions.
• Navya: French autonomous electric shuttle manufacturer (Autonom Shuttle) selling to cities, airports, hospitals, and industrial sites. Closely comparable in product category (autonomous shared electric shuttles), customer base, and use-case positioning to NExT's modular swarm transit offering.
• May Mobility: US-based autonomous electric shuttle operator deploying fixed-route and on-demand services with municipal and campus partners. Comparable to NExT in targeting urban and site-based autonomous shared mobility with a similar B2G and enterprise sales motion.
• Local Motors (by Linde Material Handling, formerly Ollio): Pioneered 3D-printed, low-speed electric shuttles (Olli) with modular concepts aimed at campuses and cities. Comparable to NExT in the niche of small-batch, design-led, autonomous electric shuttles, though now operating under different ownership.

Emerging players

• REE Automotive: Israel-based EV platform company with a modular 'skateboard' chassis (P7-C, P7-B) used by commercial vehicle OEMs. Comparable to NExT in the emphasis on modular vehicle architecture enabling multiple vehicle configurations from a shared platform.
• Arrival: UK/EU electric vehicle startup developing vans and buses (Arrival Bus, Arrival Van) for fleet and municipal customers. Comparable to NExT as a European-headquartered EV mobility company pursuing B2B/B2G fleet sales, though at much larger scale.
• Nuro: US autonomous driving company focused on last-mile goods delivery using purpose-built low-speed electric vehicles. Comparable to NExT in combining an autonomous electric platform with a delivery/cargo use case (aligned with NExT's Cargo Solution).

Broad incumbents

• Proterra: US-based manufacturer of electric buses and charging systems serving North American transit agencies. Comparable as an established electric bus OEM targeting municipalities and transport operators — a segment NExT is also pursuing with a different architectural approach.
• BYD: Global leader in electric buses and commercial vehicles (K-series buses, eBuses), with a deep portfolio of fully homologated products. Comparable as the dominant incumbent NExT must differentiate against in municipal and fleet procurement processes.
• NFI Group (New Flyer / Alexander Dennis): Largest North American bus manufacturer (New Flyer) and a major UK/Europe bus maker (Alexander Dennis), with growing zero-emission product lines. Comparable as an established transit-bus incumbent whose scale, service network, and homologated platforms set the bar for municipal buyers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/next-future-transportation
• Xx.com/NEXTfutureT
• Facebookfacebook.com/next.future.transportation

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds3 records

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about NEXT Future Transportation