Amazon reported to be in talks with autonomous vehicle company Zoox for potential acquisition

May 28, 2020
CPG More...
Asset Management More...
by Lewie Roberts
Average importance

While there is no confirmation of any deal, Lux does expect Zoox to be acquired at some point (even if it is not by Amazon). The company's approach to autonomous vehicle development includes building its own specialized electric powertrains, and such activity requires far more capital than Zoox has at its disposal. However, with most auto OEMs already having established partnerships, less traditional mobility players like Amazon are more likely to make the purchase. The company's focus on difficult urban areas like San Francisco could make it particularly appealing to those operating within the last-mile delivery markets.

For the original news article, click here .

Further Reading

Shared Mobility

Technology | February 11, 2021

Innovations in mobility outside of conventional ownership, such as car‑sharing, ride‑hailing, autonomous taxis, and other mobility‑as‑a‑service business models. Not part of subscription

Aurora partners with Paccar to enable self-driving trucks

News Commentary | January 21, 2021

Autonomous driving startup Aurora has signed an agreement with Paccar to provide self‑driving technology for Peterbilt and Kenworth trucks. Aurora will compete with Waymo, which is also providing technology to the trucking market. While Aurora has been talking about its strategy of entering the ... Not part of subscription

Autonomous Vehicles

Technology | December 20, 2021

Integrated systems of environmental perception sensors, edge processing hardware, real‑time decision‑making software, and connectivity that enable advanced driver‑assistance systems and vehicle autonomy in consumer and commercial vehicles. Not part of subscription