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Former Cruise CEO Kyle Vogt launches new venture

Robotics Business Review

Source: WTWH Media Kyle Vogt, the co-founder and former CEO of autonomous vehicle developer Cruise LLC, has launched a new startup: The Bot Company. General Motors acquired Cruise in 2016. Kyle Vogt, then president and CTO of Cruise, delivered a Robotics Summit & Expo keynote in 2019. In February 2022, Vogt took over as CEO.

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Apptronik to integrate Apollo humanoid with NVIDIA general-purpose foundation model

Robotics Business Review

Source: Apptronik SAN JOSE, Calif. Apptronik iterates humanoid robot design Apptronik spun out of the Human Centered Robotics Lab at the University of Texas at Austin in 2016. Last week, Apptronik announced that Mercedes-Benz was testing Apollo for automotive manufacturing applications. Apptronik Inc.

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Top 10 robotics stories of February

Robotics Business Review

based robotaxi companies, lost major funding sources that could significantly alter their futures. General Motors, which acquired Cruise in 2016, said this week it will cut spending on the robotaxi unit by about $1 billion in 2024. Recently, Cruise and Motional , two leading U.S.-based Let’s start with Cruise. Read More 1.

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Boston Dynamics debuts electric version of Atlas humanoid robot

Robotics Business Review

By 2016, the Waltham, Mass.-based Source: Boston Dynamics “Everything we understood, from the time of launching Spot as a prototype to it being a reliable product deployed in fleets, is going into the new Atlas,” Playter said. Source: Boston Dynamics When will we see the new robot in the wild?

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Latest Strategic Acquisition in Carsharing Market Underlines How Automotive Companies are Striving to Become Mobility Service Providers

Frost & Sullivan Manufacturing

Launched in 2016, Free2Move’s mobility marketplace provides a wide variety of mobility solutions, including traditional solutions like contract purchase/leasing of vehicles as well as novel mobility solutions like ride hailing and mobility budgets. Source: Frost & Sullivan, 2022.

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Cruise and Motional backers slash robotaxi funding

Robotics Business Review

based robotaxi companies, lost major funding sources that could significantly alter their futures. General Motors, which acquired Cruise in 2016, said this week it will cut spending on the robotaxi unit by about $1 billion in 2024. Automotive parts supplier Delphi acquired nuTonomy in 2017 for $450 million.

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Will autotech ventures race east in 2024?

Robotics Business Review

Source: LinkedIn As The Robot Report reported last October, one of the biggest autotech stories of the year was the stalling of Cruise after California’s Department of Motor Vehicles suspended its driverless testing license. We’ve done many pilots both in automotive, as well as the commercial space,” she said.