3 Min Read
(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.
Self-driving startup Gatik works with Isuzu to build delivery trucks for North America autonews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from autonews.com Daily Mail and Mail on Sunday newspapers.
Mar 10, 2021
The 2022i Isuzu N-Series diesel trucks will begin production in July, and will be available at its network of nearly 300 dealers in the U.S. in the third quarter this year.
Isuzu, during the National Truck Equipment Association’s Work Truck Week 2021 virtual trade-show event Wednesday, announced several enhancements for its 2022 interim model year N-Series diesel trucks, including the addition of Advanced Driver Assistance System (ADAS) with Automatic Emergency Braking (AEB) and a Lane Departure Warning System, and Electronic Vehicle Stability Control (EVSC).
[
Shaun Skinner, president of both Isuzu Commercial Truck of America and Isuzu Commercial Truck of Canada, said his company sold 9,300 N-Series diesels last year, and plans to sell 11,000 this year on strength in the e-commerce and urban delivery segment.