ZF invests in Oxbotica to deploy Autonomous Passenger Shuttles in major cities - ZF invests and takes five per cent share in Oxbotica, a global leader in autonomous vehicle software
- Companies also signed a strategic partnership agreement to develop Level 4 self-driving system for autonomous shuttles to transport people and goods
- ZF plans to deploy autonomous shuttles in major cities around the world
Friedrichshafen, Germany / Oxford, UK. ZF is systematically expanding its expertise in the future field of autonomous driving in line with ZF's "Next Generation Mobility" strategy. To this end, ZF has signed a strategic partnership agreement with Oxbotica, a global leader in autonomous vehicle software, to develop a Level 4 self-driving system which will initially be deployed in passenger shuttles in major cities around the world.
ZF and Oxbotica will develop a Level 4 self-driving system that can be integrated into various vehicles including Mobility-as-a-Service (MaaS) shuttles to provide on-demand passenger and also goods transportation vehicles in urban environments.
The two companies share a joint vision for the future of mobility and the transformational potential that autonomous technology can have across multiple industries where people and goods move. The autonomous shuttle market will grow substantially over the next ten years with the potential to increase access to mobility, improve road safety, reduce congestion, and boost productivity.
As part of the collaboration, global automotive technology company ZF has invested in Oxbotica and will take a seat on the company’s advisory board with a five per cent share. The two companies started working together in 2019, with Oxbotica completing integration of its autonomous vehicle software with ZF’s ProAI, an AI capable automotive-grade compute platform, and ZF’s Full-Range Radar.
Ahead of the autonomous shuttle deployments, ZF and Oxbotica will work closely together to continue to develop the technology and on validation and verification of the integrated self-driving vehicle system.
"The entry investment of five per cent underlines our confidence in Oxbotica's capabilities. Together with Oxbotica, we are developing self-driving systems for autonomous people and cargo movers addressing the current challenges in public transport and logistics," said Torsten Gollewski, Executive Vice President, Autonomous Mobility Systems at ZF.
Paul Newman, co-founder and CTO of Oxbotica, said: “Partnering with ZF in developing an on-road passenger and goods transportation solution is an important milestone in Oxbotica’s commercial autonomy strategy. Our product will bring new options to cities and transport operators around the globe who must solve the complex mobility challenges of the future. The way people and goods move is changing.”
- ZF invests and takes five per cent share in Oxbotica, a global leader in autonomous vehicle software
- Companies also signed a strategic partnership agreement to develop Level 4 self-driving system for autonomous shuttles to transport people and goods
- ZF plans to deploy autonomous shuttles in major cities around the world
Friedrichshafen, Germany / Oxford, UK. ZF is systematically expanding its expertise in the future field of autonomous driving in line with ZF's "Next Generation Mobility" strategy. To this end, ZF has signed a strategic partnership agreement with Oxbotica, a global leader in autonomous vehicle software, to develop a Level 4 self-driving system which will initially be deployed in passenger shuttles in major cities around the world.
ZF and Oxbotica will develop a Level 4 self-driving system that can be integrated into various vehicles including Mobility-as-a-Service (MaaS) shuttles to provide on-demand passenger and also goods transportation vehicles in urban environments.
The two companies share a joint vision for the future of mobility and the transformational potential that autonomous technology can have across multiple industries where people and goods move. The autonomous shuttle market will grow substantially over the next ten years with the potential to increase access to mobility, improve road safety, reduce congestion, and boost productivity.
As part of the collaboration, global automotive technology company ZF has invested in Oxbotica and will take a seat on the company’s advisory board with a five per cent share. The two companies started working together in 2019, with Oxbotica completing integration of its autonomous vehicle software with ZF’s ProAI, an AI capable automotive-grade compute platform, and ZF’s Full-Range Radar.
Ahead of the autonomous shuttle deployments, ZF and Oxbotica will work closely together to continue to develop the technology and on validation and verification of the integrated self-driving vehicle system.
"The entry investment of five per cent underlines our confidence in Oxbotica's capabilities. Together with Oxbotica, we are developing self-driving systems for autonomous people and cargo movers addressing the current challenges in public transport and logistics," said Torsten Gollewski, Executive Vice President, Autonomous Mobility Systems at ZF.
Paul Newman, co-founder and CTO of Oxbotica, said: “Partnering with ZF in developing an on-road passenger and goods transportation solution is an important milestone in Oxbotica’s commercial autonomy strategy. Our product will bring new options to cities and transport operators around the globe who must solve the complex mobility challenges of the future. The way people and goods move is changing.”
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