Nuro pivots to license self-driving tech to carmakers, mobility companies

Quick Summary:

After multiple rounds of layoffs in 2022 and 2023, Nuro is pivoting its business strategy to focus more on the startup’s core autonomous driving technology instead of owning and operating a fleet of low-speed, on-road delivery bots.

The second strategy involves working with OEMs and their parts and services suppliers to build automated driving products for consumer vehicles that will range from Level 2 through to Level 4 driving systems.

At the time, Ferguson told TechCrunch Nuro wasn’t planning to deploy the R3, but would instead focus on developing and testing the autonomous tech.

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Article Details

Author / Journalist: Rebecca Bellan

Category: Technology

Markets: United StatesChina

Topics: Startups Transportation Nuro Self-driving technology Autonomous vehicles

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-11 @ 13:00:00 (14 hours ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 1338 words

Reading Time: 8 minutes read

Sentences: 53 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 22460205

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