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Chicago Inno - After Covid brought its business to a halt, Snapsheet prepares for growth again with $30M raise bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
Share: Autonomous vehicle startup Gatik is already proving its technology can work in middle-mile delivery, but now it is adding a fully electric vehicle to the mix. The company on Wednesday announced its electrification strategy, which includes the use of fully electric autonomous box trucks. The first vehicles will hit the roadways this month in New Orleans. Helping our customers as they meet their ambitious emissions targets is a key pillar of our long-term strategy. Our electric autonomous box trucks are defining a new frontier in sustainability while continuing to offer the cost reductions and shorter delivery times our autonomous solution is known for, said Gautam Narang, CEO and co-founder of Gatik. The B2B short-haul market is ideally suited to electric technology thanks to the route lengths involved. Trucks can charge while they re being loaded, enabling continuous service during operational hours. ....
Gatik to deploy electric-powered autonomous vehicles in New Orleans freightwaves.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freightwaves.com Daily Mail and Mail on Sunday newspapers.
Autonomous Short-haul Trucking Startup Gatik Raises $25 Million in 1st Funding Round, Expands to Canada Share: Welcome to Thomas Insights every day, we publish the latest news and analysis to keep our readers up to date on what’s happening in industry. Sign up here to get the day’s top stories delivered straight to your inbox. In one of the latest signs of the self-driving truck market’s potential, a West Coast short-haul autonomous trucking startup just raised $25 million in its Series A funding round. Palo Alto, California-based Gatik, formed in 2017, announced the fundraising results on November 23, along with the company’s expansion into Canada via a partnership with Loblaw, the country’s largest retailer. Gatik, which also has offices in Toronto, is a provider of short-haul B2B logistics using a fleet of light- to medium-duty autonomous trucks. All Gatik vehicles which include Class 1-6 automated light trucks and vans operate with a human ....