Startup Gatik Lands Partnership – And $30 Million – From Isuzu To Scale Up Robot Trucks

  • 📰 ForbesTech
  • ⏱ Reading Time:
  • 17 sec. here
  • 11 min. at publisher
  • 📊 Quality Score:
  • News: 41%
  • Publisher: 59%

Isuzu News

Gatik,Autonomous Vehicles,Trucking

Alan Ohnsman is a Forbes senior editor who covers cleantech and advanced transportation. He joined Forbes in 2016 and works in Los Angeles. He co-authors the Current Climate newsletter, has written about promising clean energy developments and covered Tesla since 2006, when he was with Bloomberg News. He has a graduate degree in journalism and a B.

The Silicon Valley firm, which operates autonomous, fixed-route deliveries for companies including Walmart, Kroger and Georgia Pacific, will get purpose-built vehicles from the Japanese truckmaker.Gatik, a Silicon Valley-based autonomous driving startup with dozens of vehicles in commercial operation, said it has a first-of-its-kind partnership with Isuzu to develop purpose-built robotic commercial vehicles, as well as a $30 million equity investment from the Japanese truck maker.

“This is the first time, as far as we know, that a truck manufacturer has committed to mass production of Level-4 autonomous trucks,” Narang said. “We think it validates our technology, the use case and the economics. It positions Gatik for significant scale across the $250 billion middle mile market in North America.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 318. in ENERGY

Energy Energy Latest News, Energy Energy Headlines