Apr 16, 2021
Ocado in self-driving vans push with £10m stake in Oxbotica
Online grocery retailer Ocado has unveiled a major push into autonomous driving technology. As part of the deal, Ocado has bought a £10m stake in Oxbotica. Kroger's delivery vans also use software developed by Ocado to plot the most efficient routes. Ocado's £10m stake is part of that funding round, and will give it a seat on Oxbotica's board. In its announcement, Ocado tempered expectations and said that getting permission from regulators to operate autonomous vehicles on public roads - allowing driverless deliveries to customers' homes - may take some time.
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