Found in Robotics News & Content, with a score of 52.38
August 09, 2021
Local Motors last week announced a strategic partnership with alwaysAI to bring advanced computer vision applications to Local Motors' Olli 2.0 autonomous electric vehicle. The companies said that their combined technologies will dramatically improve the passenger onboarding and in-cabin experiences, as well as overall safety. “This partnership is critical to unlocking new value for our customers,” stated Vikrant Aggarwal, president of Local Motors. “Our work with alwaysAI is another example of Local Motors' strategy to be open and integrate the best technology into Olli.” Founded in 2007, Local Motors has begun low-volume vehicle manufacturing of open-source designs using a microfactory…
Found in Robotics News & Content, with a score of 42.76
August 25, 2021
Perrone Robotics Inc. yesterday said that it and Local Motors Inc. have signed an original equipment manufacturer (OEM) agreement. The companies plan to develop next-generation autonomous shuttles that will integrate Perrone's autonomous vehicle technology into Olli, the shuttle designed and manufactured by Local Motors. “This new OEM agreement is an important step in expanding our current customer base while enhancing the vehicle experience for passengers,” stated Vikrant Aggarwal, president of Local Motors. “Our ability to meet evolving customer needs depends on our ability to work with partners with proven track records and the ability to scale.” Perrone and Local Motors…
Found in Robotics News & Content, with a score of 40.42
January 14, 2022
…world, the road to autonomy isn't smooth for everyone. Local Motors Inc., which was developing the Olli autonomous shuttle, reportedly shut down today. Founded in 2007, Local Motors had originally focused on autonomous vehicles for racing, with the Rally Fighter in 2009. It then pivoted to passenger transportation, with a crowdfunding campaign in 2013. The Chandler, Ariz.-based company said it used a “microfactory” model to manufacture vehicles based on open-source designs. It had claimed to have built the world's first co-created vehicle; the world's first 3D-printed car; and Olli, the world's first co-created, electric autonomous vehicle. Local Motors started scaling…
Found in Robotics News & Content, with a score of 15.17
February 25, 2022
…self-driving cars in Los Angeles. Robotaxi race continues While Local Motors recently shut down, numerous technology companies and automakers are pursuing robotaxis and similar services. The global market for robotaxis could grow from 617 units in 2021 to 1.4 million units by 2030 at a compound annual growth rate of 136.8%, according to Markets and Markets. Fortune Business Insights predicted a CAGR of 61.2%, from $500 million in 2020 to $11 billion in 2027. BlueWeave Consulting was even more bullish, forecasting a CAGR of 69.4%, from $500 million in 2021 to $20.3 billion in 2028. Amazon's Zoox unit is operating…
Found in Robotics News & Content, with a score of 9.99
October 31, 2021
…TONY. They will be used in vehicles including the Local Motors Olli shuttle, GreenPower Motor Company AV Star, low-speed electric passenger and utility vehicles, and a line of yard trucks for logistics, said the companies. “Perrone aims to deploy its kit at fleet-scale for shuttles, low-speed electric vehicles, cargo vans, and large logistics trucks for municipal, governmental, and commercial customers in the U.S., Europe, and Asia,” said Paul Perrone, CEO of Perrone Robotics. “We needed a lidar partner that could meet demand as we scale production models with our TONY AV retrofit kit. Ouster stood out for its performance characteristics,…
