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(Reuters) - Silicon Valley self-driving startup Gatik and Isuzu North America Corp on Tuesday said they will work together to build autonomous delivery trucks that Gatik will use to serve its retailer customers.
Gatik, which works with Walmart Inc in Arkansas and Louisiana and Loblaw Companies Ltd in Canada to deliver goods to stores from warehouses using autonomous trucks with safety drivers, has seen a boom in business as the pandemic has boosted sales at grocery stores.
“What I can share is our revenue is in the millions. So this is not a free service that we offer,” said co-founder and chief executive Gautam Narang. He said Gatik’s business model for now is to be a delivery service provider for retailers using self-driving technology rather than selling the technology to automakers.
By Jane Lanhee Lee (Reuters) - Silicon Valley self-driving startup Gatik and Isuzu North America Corp on Tuesday said they will work together to build autonomous delivery trucks that Gatik will use to serve its retailer customers. Gatik, which works with Walmart Inc in Arkansas and Louisiana and Loblaw Companies Ltd in Canada to deliver goods to stores from warehouses using autonomous trucks with safety drivers, has seen a boom in business as the pandemic has boosted sales at grocery stores. What I can share is our revenue is in the millions. So this is not a free service that we offer, said co-founder and chief executive Gautam Narang. He said Gatik s business model for now is to be a delivery service provider for retailers using self-driving technology rather than selling the technology to automakers.