Arauco preorders 100 autonomous forklifts from Cyngn
Evidence notes
- • Cyngn announced a paid pre-order agreement with Arauco for 100 AI-powered autonomous electric forklifts.
- • Deliveries to Arauco are targeted to begin in 2024.
- • The pre-order involves a portion of Arauco's existing fleet.
Company context
Cyngn develops DriveMod, an autonomous-driving system for industrial vehicles such as tuggers, forklifts and stockchasers.