Bern, Switzerland – November 2024: As a leader in autonomous driving solutions for logistics, we are excited to announce our first international expansion with the opening of a new subsidiary in Munich. Founded in 2021 and headquartered in Bern, Switzerland, we have rapidly established ourselves as a key player in autonomous driving, with a focus on middle-mile delivery and mobile distribution hub logistics.
Our expansion into Germany builds on the success of Europe’s first Level 4 (L4) autonomous driving technology, which we deployed on public roads in Bern, Switzerland. Our autonomous driving routes now span 65 kilometres (40 miles) within the city, and our vehicles are already proving their capabilities through projects with major Swiss logistics companies like Planzer, as well as the country’s largest online retailer, Migros.
“Germany is a natural next step for us as we continue our mission to revolutionize commercial vehicle automation in Europe,” said Amin Amini, CEO of LOXO. “Germany’s strong logistics market, advanced automotive infrastructure, and progressive legislation surrounding autonomous vehicles make it the ideal location for us to further our middle-mile and mobile distribution projects.”
Our new Munich subsidiary will be led by Lara Amini, co-founder and Managing Director of LOXO Germany. Germany’s middle-mile logistics sector, valued at approximately $379.89 billion in 2023 and projected to surpass $504 billion by 2032, represents significant untapped potential. The repetitive nature of middle-mile routes between business hubs is an ideal match for our autonomous driving solutions.
“We’re not just focused on replacing traditional vehicles with autonomous ones. Our goal is to foster innovation that will catalyze the transformation of the entire logistics sector,” said Lara Amini. “By collaborating with local partners and tapping into Germany’s pool of talent, we aim to scale our successful model across new markets.”
Our expansion into Germany underscores our commitment to advancing autonomous driving technology in one of Europe’s largest logistics markets. With this strategic move, we aim to further integrate autonomous vehicles into the logistics chain, setting new standards in commercial vehicle automation.
