![]() Nuro now has the money to invest in and improve its technology and get its platform used by more partners, potentially boxing out Robomart.īut almost more interesting than Nuro’s newfound cash to expand is Softbank as the investor. But Nuro’s pods are already being tested by grocery giant Kroger to deliver groceries in Arizona, and this cash infusion will help Nuro quickly scale up is engineering, production and business development. On the one hand, Robomart is going after a different market, forsaking direct point-to-point delivery in favor of mobile commerce, so they aren’t direct competitors, and SoftBank’s massive money drop is a validation of low-speed vehicles as a technology. One has to wonder how the folks at Robomart, which makes similar pod-like vehicles, are feeling today. Since the pods are light, nimble and top out at 25 mph, they could be a safer alternative to full-sized autonomous vehicles and therefore a more attractive option for risk-averse city planners and regulators creating laws around the emerging driverless delivery space. These pods are built from the ground up to carry goods, and there is literally no room for a driver. Nuro makes autonomous, low-speed electric pod-like vehicles that are about half the size of a traditional car. The deal is noteworthy not just for the amount of money involved, but also for the growth it could spur in driverless delivery, as well as how it plays into SoftBank’s portfolio of automated mobility companies. SoftBank has invested $940 million into driverless vehicle startup Nuro The Wall Street Journal reports. ![]()
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