Mobileye, a subsidiary of Intel specializing in self-driving technology, is partnering with venture-backed startup Udelv to deliver 35,000 autonomous delivery vehicles by 2028.
"This partnership with Mobileye is literally a revolution in the industry," Daniel Laury, CEO and co-founder of Udelv, told Cheddar. "It's the first of its kind in the autonomous delivery world."
Udelv's autonomous vehicle, dubbed the Transporter, will employ Mobileye's vision-sensing technology to improve features such as pedestrian and cyclist detection and collision warning.
Laury said the Transporter will be outfitted to transport 80 percent of last-mile deliveries, from small items such as pharmaceuticals to bags of groceries and large auto parts.
The vehicle features "adaptive shelving" allowing an operator to add or remove shelves depending on the size of the items being delivered. The car also uses automated software to open on specific shelves within the van designated for each package.
Laury explained that last-mile deliveries make up 53 percent of the cost of logistics, with drivers on average making up 65 percent of that amount.
"By removing the driver, you're going to be generating billions in savings through the industry in general," he said.
This is where "Mobileye Drive" comes in. The self-driving system offers a full technology stack, including vast map coverage of North America, for Udelv to integrate into its Transporters.
Donlen, one of the largest commercial fleets in the U.S., has already pre-ordered 1,000 Udelve Transporters.
"Our deal with Udelv is significant for its size, scope and rapid deployment timeline, demonstrating our ability to deliver Mobileye Drive for commercial use now and in volume," said Mobileye President and CEO Amnon Shashua in a release. "COVID-19 has accelerated demand for autonomous goods delivery, and we are delighted to partner with Udelv to address this demand in the near term."
Transporters are set to start hitting streets in 2023.
CES 2024 starts this week in Las Vegas. It's set to feature swaths of the latest advances and gadgets across personal tech, transportation, health care, sustainability and more. Here's a list of the coolest announcements so far.
Astronauts will have to wait until next year before flying to the moon and another few years before landing on it. NASA on Tuesday announced the latest round of delays in its Artemis moon-landing program.
The Biden administration has enacted a new labor rule that aims to prevent the misclassification of workers as independent contractors. The labor department rule going into effect Tuesday replaces a scrapped Trump-era standard that lowered the bar for classifying employees as contractors
The KC-46 was to be the ideal candidate for a fixed-price development program. Instead, it has cost Boeing billions, and made industry wary of such deals.
Dave Long, CEO and Co-Founder of Orangetheory Fitness joins Cheddar to chat trends in the industry for 2024. He updates us on the company's plans to expand and what the state of the economy has meant for business.
One of the world's largest renewable energy developers will be getting hundreds of wind turbines from General Electric spinoff GE Vernova as part of a record equipment order and long-term service deal.
A moon landing attempt by a private US company appears doomed because of a fuel leak on the newly launched spacecraft. Astrobotic Technology managed to orient the lander toward the sun Monday so its solar panel could capture sunlight and charge its onboard battery.
Treasury Secretary Janet Yellen has announced that 100,000 businesses have signed up for a new database that collects ownership information intended to help unmask shell company owners. Yellen says the database will send the message that “the United States is not a haven for dirty money.”