Autonomous cargo vans to deliver Walmart’s groceries with Udelv

Autonomous cargo vans to deliver Walmart’s groceries with Udelv

Walmart will deploy autonomous vehicles to deliver groceries for customers, according to Tom Ward, senior vice president of digital operations for the retail giant. Autonomous vehicle company Udelv is providing the technology to make the pilot program possible.

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McKinsey paints too-rosy picture of autonomous trucking

McKinsey paints too-rosy picture of autonomous trucking

If driver wages are eliminated, total cost of ownership will fall. But capacity will saturate the market and rates will crash. In the end, trucking will still be a capital-intensive and low-margin industry.

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Moody’s suggests that autonomous vehicle startups have inherent disadvantages

Moody’s suggests that autonomous vehicle startups have inherent disadvantages

The credit rating agency says that well-capitalized, risk-sharing joint ventures between incumbent automakers have the best chance of successfully bringing AV products to market safely and at scale.

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