#autonomous-delivery-robots

#autonomous-delivery-robots

The little red four-wheeled delivery vehicle is expected to operate near Fremont's Downtown and City Center, an area centrally located near a high density of restaurants, apartments and other businesses in the city. Manufactured by Sonic Manufacturing Technologies in Fremont, DoorDash Dot can travel up to 20 miles per hour. It has built-in cup holders and enough cargo space to fit an extra-large pizza and a case of water.

Coco is pushing beyond the slower sidewalk delivery bots that have shaped the category so far. The new robot can move onto streets and bike lanes where legal and appropriate, and it can carry multiple orders at once, according to Semafor's report on Coco 2.

Serve Robotics (SERV) is a high-risk, high-reward stock that has delivered explosive gains over the past few months. SERV stock is up 181.66% in the past six months. It is trading at $892.2 million, while reporting, at most, $1 million or so in revenue per quarter. The stock may look dizzyingly overvalued, but the market may be overlooking a multi-billion-dollar opportunity here. Serve Robotics makes delivery robots that can deliver food and groceries to people's doors using sidewalks.