Ocado invests in autonomous vehicle software company
Commencing a multi-year partnership, which will see the two companies work together to create a new vehicle fleet, Ocado has invested in autonomous vehicle company Oxbotica.
Ocado and Oxbotica will collaborate to integrate Oxbotica’s autonomous software platform into a variety of vehicles, including those that operate inside the grocer’s customer fulfilment centres (CFCs), as well as last-mile and kerb-to-kitchen delivery solutions.
As per the terms of the deal, Ocado has invested £10m in the business and will supply Oxbotica with data from its existing delivery vans and warehouse vehicles to help train and test its technologies.
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