The company continues its automated driving system development, addressing the truck driver shortage and safety challenges with a new Werner commercial pilot in an expanding Texas network, common autonomy systems for trucks and ride-hailing, and a new Toyota-Siena-based test fleet.
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The new electric and autonomous zero-occupant delivery vehicle flagship also called Nuro, designed to scale the company’s services to millions of consumers across the U.S., will be built in partnership with BYD North America in southern Nevada.
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At a two-day investor event, the company detailed how it will double annual revenues by 2030 with increased margins by rapidly scaling EV manufacturing, adopting a dual-platform strategy for hardware and software, and creating new businesses and technologies like BrightDrop and Ultra Cruise.
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FedEx and Nuro are working together to test autonomous, electric, multi-stop, and appointment-based parcel-delivery operations in Houston.
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Announced at CES 2021, the new business will offer an integrated ecosystem of electric products, software, and services for first to last-mile delivery, starting with the EP1 electric pallet in early 2021 and the EV600 electric commercial vehicle in late 2021.
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