Friday, August 26, 2016

Race to Self-Driving Car Accelerates

FoxNews: US startup Nutonomy managed to beat Uber starting its autonomous taxi trial in Singapore. Currently, their autonomous fleet has just 6 Mitsubishi i-MiEv electric cars, with the planned full launch of the service in 2018.



Meanwhile, Electronics Weekly published the details on Uber's acquisition of Otto, a startup retrofitting tracks with self-driving equipment. The 6-month old startup based in a garage south of Market Street in San Francisco was acquired for $680M plus 20% of any profits it makes from trucking. Otto has retrofitted five trucks so far.

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