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Stock impact report

Embotech Receives CHF 23.5 M in Funding to Expand Autonomous Driving Solutions for Logistics in Europe and Beyond [Yahoo! Finance]

ChargePoint Holdings, Inc. (CHPT) 
Company Research Source: Yahoo! Finance
to expand its Automated Vehicle Marshalling (AVM) and Autonomous Terminal Tractor (ATT) solutions in Europe and beyond. The funding will support the company's rollout of its AVM solution in six BMW passenger car factories worldwide by 2025, as well as the deployment of 30 ATT units in the port of Rotterdam over the next two years. Embotech's autonomous driving solutions aim to increase operational efficiency, reduce costs and CO2 emissions, and address the global driver shortage in logistics. New funding from Emerald Technology Ventures, Yttrium, BMW i Ventures, Nabtesco Technology Ventures, Sustainable Forward Capital Fund, and RKK VC to support growth of logistics automation solutions Automated Driving Automated Vehicle Marshaling Embotech's ATT – robust in all weather conditions Embotech's Autonomous Terminal Tractor testing vehicles ZURICH, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Embotech , an innovator in autonomous driving solutions for industrial logistics, has received 2 Show less Read more
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