The American e-commerce giant has confirmed the acquisition of the young American push Zoox, specializing in autonomous taxis. The transaction would amount to $ 1.2 billion (1.07 billion euros).
Amazon is going to buy a start-up specializing in autonomous car technology as well-informed leaks have suggested for a few weeks.
The e-commerce giant has got hold of the young Californian shoot Zoox. The amount of the transaction has not been released, but is estimated at $ 1.2 billion (1.07 billion euros), according to the British daily Financial Times .
Zoox management confirmed as head of start-up
In 2018, Zoox had been valued at more than $ 3 billion, according to The Verge.
The young company - which will remain separate from the e-commerce giant - will continue to be managed by the current managing director Aicha Evans and by Jesse Levinson, co-founder and also chief technology officer.
Zoox, founded in 2014, aims to produce fully autonomous electric road taxis.
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Zoox vehicles will compete, among others with Waymo, the Google e subsidiary specializing in this sector.
According to specialized online media The Information , Amazon may also want to use Zoox technology for land deliveries in fully automated, clean vehicles.
Amazon is going to buy a start-up specializing in autonomous car technology as well-informed leaks have suggested for a few weeks.
The e-commerce giant has got hold of the young Californian shoot Zoox. The amount of the transaction has not been released, but is estimated at $ 1.2 billion (1.07 billion euros), according to the British daily Financial Times .
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In 2018, Zoox had been valued at more than $ 3 billion, according to The Verge.
The young company - which will remain separate from the e-commerce giant - will continue to be managed by the current managing director Aicha Evans and by Jesse Levinson, co-founder and also chief technology officer.
Zoox, founded in 2014, aims to produce fully autonomous electric road taxis.
Play Video
Zoox vehicles will compete, among others with Waymo, the Google e subsidiary specializing in this sector.
According to specialized online media The Information , Amazon may also want to use Zoox technology for land deliveries in fully automated, clean vehicles.
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