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Swiss startup LOXO unveils an autonomous vehicle for last-mile delivery.
The LOXO autonomous vehicle for last-mile delivery will hit the roads in spring 2023. The company will also launch it in other European countries.
Bern-based tech startup LOXO unveiled its market-ready autonomous vehicle for last-mile delivery. The vehicle is developed in Switzerland and will be on public roads for the first time in spring 2023. This will be the first commercial application of an autonomous last-mile delivery vehicle in Switzerland and presumably in all of Europe.
However, LOXO is not only intended to ride on local roads but in other countries too. The focus lies on Germany and Great Britain. The claim for the new transport solution is no less than to revolutionize autonomous mobility and e-commerce and to become the standard for home deliveries. Thanks to disruptive technology, LOXO is not only safe and sustainable on the road – it also offers an answer to the current problems in the area of last-mile delivery such as low margins, high delivery costs, or lack of drivers.
LOXO is an autonomous vehicle coupled with services, also called Autonomous Delivery as a Service (ADaaS). On the one hand, it can be used for deliveries from the supplier to the end consumer or business customer, on the other hand, it is suitable for hub-to-hub transports. The overall product consists of three components: (1) the vehicle incl. maintenance and servicing, (2) a software service package, and (3) the “customer success package”, which includes the development of customer-specific use cases.
Amin Amini, co-founder and CEO of LOXO, said: Thanks to electric propulsion, optimal charging capacity, and the autonomous, unmanned driving mode, LOXO increases the efficiency and flexibility of home deliveries. In addition, the carbon footprint is reduced through the principle of shared mobility.
Lara Amini-Rentsch, co-founder and business lead, specifies the economic advantages: “LOXO enables scalable, time-independent and high-margin deliveries. Buyers can decide for themselves when they want to receive their order while paying less. Retailers, in turn, can increase their margins. Accordingly, we are convinced that LOXO will revolutionize e-commerce and become the standard for last-mile delivery.”
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