Faction Raises $4.3M to Develop Light EV Driverless Fleets
View the full release here: https://www.businesswire.com/news/home/20210602005051/en/
- View the full release here: https://www.businesswire.com/news/home/20210602005051/en/
Faction T1 Cargo + Rider Prototypes (Photo: Business Wire)
Faction is aiming at both micro-logistics and ride-on-demand with a right-sized approach to driverless fleets. - Deploying safety-forward driverless vehicles at scale requires developing from the chassis up, said Faction CEO, Ain McKendrick.
- As a technology company, Faction is partnering with manufacturers of light electric vehicles to scale operational fleets and the company will be announcing the first customer trials later this year.
- Faction is a Silicon Valley startup that develops driverless solutions based on light electric vehicles.