Ocado invests £10m in Oxbotica for autonomous vehicle solutions

The online grocery delivery platform has announced plans to develop a range of vehicles integrated into the Ocado Smart Platform. Ocado Group plc has commercially partnered with Oxbotica Ltd, headquartered in Oxford. Ocado will invest £10m in Oxbotica as part of Oxbotica’s latest Series B equity funding round, which included other strategic and financial investors […]

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Electric trucks closer to competitiveness with diesel than previously assumed

A report from think tank the Stockholm Environmental Institute (SEI) has found that battery-powered trucks have much greater potential than expected to become economically competitive with diesel trucks. The transport sector generates approximately a quarter of global carbon emissions, making it a key target of decarbonisation strategies, along with heating and electricity generation. It is […]

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