GE To Build An Autonomous Vehicle?

Not literally! The company will be just funding a startup that aims to build one.

ge-electrical-vehicleDriverless vehicles have caught the fancy of both individuals and companies alike. While tech enthusiasts dream of riding a driverless car soon, several companies including GE are already leveraging basic autonomous vehicle fleet for transporting goods, arranging or sorting parts and so on.

We are well aware of Amazon’s strong focus on robots research and development, and now GE seems to be interested in autonomous fleet too. Its venture capital arm has recently invested in Clearpath Robotics, a startup developing autonomous robots for factories. According to the reports, GE along with Caterpillar have made an investment worth $30mn in Clearpath.

This autonomous robot startup is known to be building industrial machines that can easily handle tasks that humans consider boring, tedious and dangerous. The company has build autonomous vehicles for sea, land, air as well as sea.
One of its recent solutions worthy of a mention is OTTO robots. These simple machines, which have already found their way in factories, can autonomously move packages, boxes, and pallets around factory floors. The technology behind is simple: OTTO robots use LiDAR and sensors to traverse on the defined path without getting hit by obstacles or walls.

The benefits of having a robotic workforce haven’t been proven yet but Amazon claims it saved $ 286 million last year by leveraging the capabilities of Amazon Robots in its warehouses. If not technology then such savings will sure coerce companies to shift their focus towards automation, feels GE.

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