Published -June 29th, 2023 @ 11:00 AM (GMT+2)

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Strengthening Position in Autonomous Space with Expanded Operations
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Amazon's (NASDAQ:AMZN) self-driving vehicle unit, Zoox, is increasing its presence in the autonomous vehicle sector by expanding its operations. This year, Zoox's workforce saw an increase of 16%, growing from 1,900 to 2,200 employees.
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The Zoox team has been diligently testing its innovative driverless robotaxi on the bustling streets of Las Vegas since June 16. These vehicles, noteworthy for lacking a steering wheel or pedals, received approval from the Nevada Department of Motor Vehicles for road testing.
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To further accelerate its testing activities, Zoox is investing in its Las Vegas facilities. By expanding warehouse spaces, the company aims to house its testing operations and burgeoning robotaxi fleet.

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Market Growth and Future Prospects
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These recent endeavours will allow Amazon to seize the growth opportunities present in the rapidly growing autonomous driving market. According to a Fortune Business Insights report, the global autonomous car market is projected to reach $11.03 billion by 2028, with a CAGR of 31.3% from 2021 to 2028. Similarly, a Mordor Intelligence report predicts an 18.06% CAGR for the worldwide driverless vehicle market between 2021 and 2026.
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Amazon's Foray into the Future of Mobility
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In conclusion, Amazon's move to expand the operations of Zoox in Las Vegas is a significant step forward in the autonomous driving sector. By investing in personnel, advanced technology, and facility expansion, Zoox is poised to push the boundaries of self-driving technology.
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The company’s progress in the bustling streets of Las Vegas and the expansion of its testing facilities highlight its commitment to innovating and leading the autonomous vehicle market.
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Amazon's venture into the future of mobility is not just a visionary move, but also a strategic one, considering the projected growth of the global autonomous vehicle market. In the face of an uncertain economy and constrained funding, Zoox’s expansion is a testament to Amazon's foresight and determination to lead in this promising sector.

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