Local Motors raises over $1 billion in financing for 3D printed autonomous ‘Olli’ shuttle

Local Motors raises over $1 billion in financing for 3D printed autonomous 'Olli' shuttle

Local Motors, the Arizona-based company known for its 3D printed vehicles, has announced significant financing for its autonomous shuttle bus, Olli. Through partnerships with Florida-based Elite Transportation Services (ETS) and Texas-based Xcelerate, the company says it has secured over $1 billion in financing for its Olli customers. The 3D printed Olli shuttle has been in the works for some time now, and it has already been taken to the streets in places such as Washington DC , Knoxville, TN , and Germany . The autonomous vehicle was brought into existence through an innovative combination of 3D printing, automotive engineering, […]

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