Thursday, April 25, 2024
NewsAmazon 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.

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Charles Jolicoeur
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

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