Ike, established in 2018 by veterans of Apple, Google, and Uber, is building technology to automate the reliable and safe transportation of freight. Ike's vision is for automated trucks to drive on the highway, handing offloads to truckers in manually-driven trucks for the journey to and from the interstate.
FREMONT, CA: Ike, a developer of automated trucking technology, declared its "Powered by Ike" customer program, including partnerships with leading logistics companies Ryder System, NFI, and DHL. These industry-leading fleets would be among the first to deploy "level 4" automated trucks on highways.
As part of the multi-year Powered by Ike program, these fleets, and several others Ike has not yet announced, have collectively reserved the first 1,000 Class 8 tractors powered by Ike's technology. Leading up to the launch of a commercial solution, Ike and its fleet customers are collaborating in various areas to provide feedback, perform testing, and prepare to launch and scale up operations.
Ike, established in 2018 by veterans of Apple, Google, and Uber, is building technology to automate freight's reliable and safe transportation. Ike's vision is for automated trucks to drive on the highway, handing offloads to truckers in manually-driven trucks for the journey to and from the interstate. This approach massively streamlines the technical challenge of automation and creates new opportunities for truck drivers to utilize their skills as well as expertise where it matters most while increasing fleet utilization to help Ike's customers improve their operating margins.
Ike's business model is new for the industry; instead of scaling up its own fleet of trucks, Ike is putting technology directly into the hands of existing fleet operators via a software subscription model. Ike's fleet customers would buy vehicles from OEM truck manufacturers with Ike's software and hardware system and pay Ike an annual subscription fee. Trucks powered by Ike will be able to operate in automated driving mode on designated freight routes. Ike plans for the subscription to incorporate various support services, such as integration into digital tools to dispatch and manage the automated trucks, roadside support, maintenance of new equipment, and access for the physical handoff of freight to truckers.