Amazon to acquire autonomous ride-hailing startup

June 29, 2020 //By Rich Pell
Amazon to acquire autonomous ride-hailing startup
Online e-commerce giant Amazon has announced that it is has agreed to acquire Zoox, a California-based self-driving company working to design autonomous ride-hailing vehicles "from the ground up."

Zoox is a 1,000-person startup that has been developing a symmetrical, bidirectional, zero-emissions vehicle designed for autonomous ride-hailing. The deal, which is reportedly worth more than $1 billion, gives Amazon options to use autonomous technology in either ride-hailing applications or its delivery network.

"Zoox is working to imagine, invent, and design a world-class autonomous ride-hailing experience," says Jeff Wilke, Amazon’s CEO, Worldwide Consumer. "Like Amazon, Zoox is passionate about innovation and about its customers, and we're excited to help the talented Zoox team to bring their vision to reality in the years ahead."

Zoox has been developing a vehicle with no steering wheel or obvious front or back end, allowing it to travel in either direction. The startup has been testing its self-driving technology in a fleet of retrofitted Toyota SUVs in San Francisco and Las Vegas.

Aicha Evans, CEO of Zoox says "This acquisition solidifies Zoox's impact on the autonomous driving industry. We have made great strides with our purpose-built approach to safe, autonomous mobility, and our exceptionally talented team working every day to realize that vision. We now have an even greater opportunity to realize a fully autonomous future."

Jesse Levinson, Zoox co-founder and CTO adds, "Since Zoox's inception six years ago, we have been singularly focused on our ground-up approach to autonomous mobility. Amazon's support will markedly accelerate our path to delivering safe, clean, and enjoyable transportation to the world."

Evans and Livermore will continue to lead Zoox as a standalone business.

Amazon
Zoox

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