Tuesday, December 6, 2022
News Amazon Will Purchase Self-Driving Startup Zoox For 1.2 Billion

Amazon Will Purchase Self-Driving Startup Zoox For 1.2 Billion

Amazon moves one step closer to a fleet of self-driving vehicles

  • E-Commerce giant adding more self-driving technology to its cards

  • Amazon has invested heavily in Rivian and Aurora over the last year

  • Self-driving delivery fleet in the works


Amazon has clear ambitions about developing a self-driving fleet to deliver its billions worth of goods every year.

The online giant purchased important stakes in self-driving technology developer Aurora and electric vehicle startup Rivian over the last year, and it now appears to have its eyes set on Zoox.

Zoox is behind a self-driving, bi-directional vehicle that should have entered testing this year before the COVID-19 pandemic struck. Zoox had over 1,000 employees and was valued at 3.2 billion back in 2018. According to the Financial Times, Amazon would purchase Zoox for 1.2 billion. The deal could be announced today.

The self-driving startup has already been testing its autonomous driving technology in Toyota RAV4 models around Las Vegas. Amazon intends to let Zoox continue as an independent company and would likely invest billions more to bring its self-driving technology to market.

Trending Now

VinFast Opens its First Store in Quebec

It is located at the Carrefour Laval. This is VinFast’s second Canadian outlet. Vietnamese automaker VinFast is powering its way onto the Canadian, and...

More power and more range for the 2024 Volvo C40/XC40 Recharge

The 2024 model year will switch to a RWD setup. Expect more power and more range. Will Polestar follow Volvo with the 2?   It...

Top 20 Vehicles with the Longest Potential Lifespan

New vehicle prices continue to climb out of many consumers' reach. Used vehicle pricing remains high however shopping for something older remains an...

Corvette to Become a Brand with Sports Cars, SUVs, and a Sedan

GM will maximize the Corvette’s name recognition. The line-up will consist of premium sporty vehicles. Also, there’s too much money to be made by...

The Second Generation of the Volkswagen ID.3 will be Unveiled Next Spring.

Due to delivery delays, orders placed starting now will be for the updated model. This is likely only a refresh of the current...
Charles Jolicoeur
Charles Jolicoeur was studying to be a CPA when he decided to drop everything and launch a car website in 2012. Don't ask. The journey has been an interesting one, but today he has co-founded and manages 8 websites including EcoloAuto.com and MotorIllustrated.com as General Manager of NetMedia360. He also sits on the board of the Automotive Journalists Association of Canada. Send me an email

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.