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Smart people, wise money say platooning works

Platooning, or running trucks close together on the highway to take advantage of aerodynamics and improve fuel efficiency, is coming faster than many people in trucking think. The concept is apparent to any individual who has driven behind a big box trailer; the trick, naturally, is to construct a system that securely transforms theoretical possibilities into real-world results. And Mountain View, CA-based Peloton Innovation is the safe bet to be the very first to deliver. Right here’& rsquo; s why. For beginners, brains. Creator and CEO Josh Switkes has a Stanford PhD in mechanical engineering, and he dealt with self-driving automobile jobs at Volkswagen and Audi prior to finding an idea he could build his own company around. I’& rsquo; ve been chatting with Switkes for a while, seeing him initially at his Redwood City center. It was a truck-suitable garage in a modest commercial park, with his decaled rally car parked out front and his canine bedded down inside. Which’& rsquo; s how business owners get started. In the 18 months or so because, Peloton has actually transferred to a larger garage closer to the heart of Silicon Valley. The staff as has nearly tripled from 8 to 23 people, largely software engineers with a couple of truck motorists and professionals, and the test fleet has doubled to 4 trucks. Of course, business in Silicon Valley don’& rsquo; t get staff members without getting investors. And, once again, this is why I anticipate to see a lot trucks platooning soon. Crunchbase, which tracks investment in start-ups, reports Peloton has gotten almost $17 million from 12 financiers, with a Series A round led by Denso and Intel Capital, along with UPS Strategic Business Fund and Castrol innoVentures. Just this week, the business announced a contract with Lockheed Martin, whose contracting work for the united state military includes motorist assistance and vehicle automation technologies. Of note to the trucking market, Volvo Group Venture Capital likewise has invested in Peloton. I made a cal …
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What do fleets want?It & rsquo; s no longer a concern of whether we & rsquo; ll have independent or self-driving vehicles and trucks. Of course we & rsquo; re not there yet, not by a long shot’. However while the engineers working on independent cars may not agree, public conversation appears to have settled the concern of technical feasibility. The basic consensus at this point is that building an useful autonomous car is a bit like laying pipe– we understand where it has to go, now we just have do the work and dig the … By registering on Fleet Owner now, you’ll not only access to Exactly what do fleets desire?, you’ll get unique access to a large archive of premium content.See all stories on this topic

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