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.
Ford is recalling more than 355,000 of its pickup trucks across the U.S. because of an instrument panel display failure that’s resulted in critical information, like warning lights and vehicle speed, not showing up on the dashboard.
Nvidia reported a 56% increase in second-quarter revenue and a 59% rise in net income compared to a year ago.
The Rev. Al Sharpton is set to lead a protest march on Wall Street to urge corporate America to resist the Trump administration’s campaign to roll back diversity, equity and inclusion initiatives. The New York civil rights leader will join clergy, labor and community leaders Thursday in a demonstration through Manhattan’s Financial District that’s timed with the anniversary of the Civil Rights-era March on Washington in 1963. Sharpton called DEI the “civil rights fight of our generation." He and other Black leaders have called for boycotting American retailers that scaled backed policies and programs aimed at bolstering diversity and reducing discrimination in their ranks.
President Donald Trump's administration last month awarded a $1.2 billion contract to build and operate what's expected to become the nation’s largest immigration detention complex to a tiny Virginia firm with no experience running correction facilities.
Netflix CEO Ted Sarandos claims audiences don't want to watch Netflix movies in theaters, but that seems not to be the case recently.
Chipmaker Nvidia is poised to release a quarterly report that could provide a better sense of whether the stock market has been riding an overhyped artificial intelligence bubble or is being propelled by a technological boom that’s still gathering momentum.
Cracker Barrel said late Tuesday it’s returning to its old logo after critics — including President Donald Trump — protested the company’s plan to modernize.
Low-value imports are losing their duty-free status in the U.S. this week as part of President Donald Trump's agenda for making the nation less dependent on foreign goods. A widely used customs exemption for international shipments worth $800 or less is set to end starting on Friday. Trump already ended the “de minimis” rule for inexpensive items sent from China and Hong Kong, but having to pay import taxes on small parcels from everywhere else likely will be a big change for some small businesses and online shoppers. Purchases that previously entered the U.S. without needing to clear customs will be subject to the origin country’s tariff rate, which can range from 10% to 50%.
Southwest Airlines will soon require plus-size travelers to pay for an extra seat in advance if they can't fit within the armrests of one seat. This change is part of several updates the airline is making. The new rule starts on Jan. 27, the same day Southwest begins assigning seats. Currently, plus-size passengers can pay for an extra seat in advance and later get a refund, or request a free extra seat at the airport. Under the new policy, refunds are still possible but not guaranteed. Southwest said in a statement it is updating policies to prepare for assigned seating next year.
Cracker Barrel is sticking with its new logo. For now. But the chain is also apologizing to fans who were angered when the change was announced last week.
