Silicon Valley self-driving startup Gatik works with Isuzu to construct supply vehicles, Auto Information, Automobilnews
By Jane Lanhee LeeSilicon Valley self-driving startup Gatik and Isuzu North America Corp on Tuesday stated they are going to work collectively to construct autonomous supply vehicles that Gatik will use to serve its retailer prospects.
Gatik, which works with Walmart Inc in Arkansas and Louisiana and Loblaw Corporations Ltd in Canada to ship items to shops from warehouses utilizing autonomous vehicles with security drivers, has seen a growth in enterprise because the pandemic has boosted gross sales at grocery shops.
“What I can share is our income is within the tens of millions. So this isn’t a free service that we provide,” stated co-founder and chief govt Gautam Narang. He stated Gatik’s enterprise mannequin for now could be to be a supply service supplier for retailers utilizing self-driving know-how quite than promoting the know-how to automakers.Self-driving truck firms, particularly these supplying huge rigs that transport items from warehouse to warehouse and drive alongside highways, have been gaining a variety of traction with buyers eager to leap on the rising know-how. Nonetheless, the know-how is years away from eradicating the driving force fully.
Narang stated Gatik and Walmart plan to check out totally driverless supply in Arkansas later this yr. “We truly labored with the Arkansas State Freeway Fee to get the approval to take the driving force out,” stated Narang. He stated approval for that got here in December.
Gatik, which has raised almost $30 million to this point, stated its vehicles are owned by a serious fleet operator which it is not but disclosing. Thus far it has been utilizing the Ford Transit chassis for its present fleet of autonomous supply vehicles.
Ford Motor Co Government Chairman Invoice Ford’s enterprise capital fund Fontinalis Companions is an early investor in Gatik, in accordance with Narang.
The collaboration between Isuzu and Gatik is restricted to the US and Canada and Isuzu will present engineering help to Gatik for retrofitting its Sequence N medium-duty vehicles, stated Shaun Skinner, who leads Isuzu’s business truck division in these two nations.
Isuzu North America Company is a unit of Japan’s Isuzu Motors Ltd.