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Read by
BCG
500 Startups
Used at top MBA programs including
Stanford Graduate School of Business
University of Chicago Booth School of Business
Wharton School of the University of Pennsylvania
Kellogg School of Management at Northwestern University
Summary
  • Nuro received permission from the California DMV to begin testing fully driverless, low-speed R2 delivery vehicles on public roads, becoming just the 2nd company (behind Waymo) allowed to operate vehicles without safety drivers in California.
  • Autonomous driving is an expensive undertaking – and a capital game. With rising capital expenditures in the long journey towards fully autonomous vehicles, large players have lately been joining forces to share costs and maintain a meaningful stake in the autonomous future.
  • Autonomous-technology players such as Waymo, Argo AI, Aurora and Apple are signaling intentions of focusing on the software – becoming pure-play technology services providers rather than automakers, robotaxi operators or delivery firms.
  • Starting with the commercial applications first – specifically last-mile delivery, shuttle services, and robotaxis – can solve many industry problems. The potential for higher utilization can mean greater value generated and ROI, compared to a consumer-owned vehicle that might sit unused most of the time.
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