In August 2016, Uber bought out the Israeli start-up Otto for $ 680 million. The VTC company is now making a return on investment.
Indeed, this small company specialized in the transformation of heavy vehicles in autonomous vehicles has to move a model between Fort Collins and Colorado Springs in the United States.
The unmanned truck transported 51,000 cans of beer for a distance of 200 kilometers without any problem. The autonomous driving system is based on cameras, ultrasonic radars and a lidar. In addition, the Otto team carried out a detailed mapping of the route. The Otto kit is $ 30,000 and can be fitted to any vehicle with an automatic transmission. Although it will still be possible to reduce costs, several transport companies are already interested in this type of project.
They would save $ 50 million a year by using independent trucks while continuing to employ truck drivers. Indeed, the reduction of the rest time of the drivers is felt very much in the cost of a delivery. In addition, stand-alone driving technology should be more efficient and have optimal fuel consumption.
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