Avride

Avride develops autonomous vehicles and delivery robots that share a common AI-driven perception and navigation platform. The company’s self-driving cars, retrofitted from Hyundai Ioniq 5 models, integrate lidar, radar, and multiple cameras for high-precision urban navigation. Alongside its robotaxi fleet, Avride builds sidewalk delivery robots capable of safely crossing streets, managing crosswalks and traffic lights, and operating in all weather conditions. Together, these systems demonstrate Avride’s full-stack autonomy approach: combining custom-built sensors, onboard compute, and mapping intelligence across both passenger and logistics applications.
The company operates under a hybrid commercial model, generating revenue through fleet deployments, delivery partnerships, and software-enabled services rather than direct hardware sales. Avride’s robots and vehicles are deployed under commercial contracts with partners like Uber Eats, Grubhub, and Uber’s forthcoming robotaxi network, where Avride retains and operates its fleet as part of a shared service ecosystem. While pricing terms are not publicly disclosed, the company’s business structure aligns with a hybrid Hardware-as-a-Service (HaaS) model—blending CapEx-funded assets with recurring, service-based revenue streams tied to vehicle uptime and performance.