Amazon Buys Self-Driving Startup to Bring Autonomous Ride-Hailing to 'Reality'
Amazon agreed to buy self-driving vehicle company Zoox to bring “autonomous ride-hailing to reality,” it blogged Friday. Amazon’s financial muscle will “markedly accelerate” Zoox’s path to market with “safe, clean and enjoyable” autonomous vehicles that deliver a "revolutionary passenger experience,"…
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said Chief Technology Officer Jesse Levinson. Zoox CEO Aicha Evans and Levinson continue in their roles. This follows Amazon’s autonomous vehicle investments in Aurora and Rivian, with Amazon saying it would order 100,000 Rivian delivery vans for rollout next year, Cowen's John Blackledge wrote investors. Though Zoox is focused on ride-hailing, “the technology could ostensibly be repurposed for Last Mile package delivery,” said the analyst. He cited a big area of Amazon investment “as it scales over time and focuses on 1-Day delivery for Prime members.”