Poet's innovation Jive
The world’s most innovative transport company? That would be Grab, according to Fast Company’s 2019 innovation rankings. It is Southeast Asia’s largest ride-hailing outfit that also gives its drivers Grab Financial digital wallet, for storing cash and taking out loans. Toyota likes Grab too, which is why it stumped up $1bn for a stake in the company last year.
Also in the Fast Company mix is the elegantly named Poet, which is the world's biggest biofuel producer. The firm is known for its Jive asphalt rejuvenator that revives tired old asphalt. Jive is made from corn.
Plus there’s electric plane maker Zunum Aero which has developed a hybrid airplane that uses a fuel-burning generator for takeoff and landing. The company is looking to tackle the US regional air travel market developing, with deployment slated for the early 2020s.