Submitted by 69FunnyNumberGuy420 t3_11a2eo9 in pittsburgh
YIMBYYay t1_j9r6rta wrote
Reply to comment by Vozegro in Pittsburgh driverless truck startup Locomation to close by 69FunnyNumberGuy420
Autonomous, at least in the sense that this company and others are looking to do is purely highway driving, for now. Last mile autonomy is still a long ways off.
Locomotive shutdown because venture capital money is locking up due to interest rate increases. And there are dozens of other companies working in the same space that have better/more advanced tech. Volvo, Mercedes, and others are pouring billions into driverless semis so there’s little need for a CMU startup in Pittsburgh.
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