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500 Startups
Used at top MBA programs including
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University of Chicago Booth School of Business
Wharton School of the University of Pennsylvania
Kellogg School of Management at Northwestern University
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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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