{"componentChunkName":"component---src-templates-blog-post-js","path":"/blog/faction-raises-4-3m-to-deploy-3-wheeled-evs-for-driverless-delivery/","result":{"data":{"site":{"siteMetadata":{"title":"No Frills News"}},"contentfulNfnPost":{"postTitle":"Faction raises $4.3M to deploy 3-wheeled EVs for driverless delivery","slug":"faction-raises-4-3m-to-deploy-3-wheeled-evs-for-driverless-delivery","createdLocal":"2021-06-03 14:31:11.755093","publishDate":"None","feedName":"Autonomous Vehicle News","sourceUrl":{"sourceUrl":"https://finance.yahoo.com/news/faction-raises-4-3m-deploy-152109065.html"},"postSummary":{"childMarkdownRemark":{"html":"<p>Faction Technology founder and CEO Ain McKendrick didn't have the $1 billion or the time that a typical automotive program might need to design and manufacture an EV that could be used for driverless delivery.\nFaction, which launched last year and graduated this winter from the Y Combinator accelerator program, started with a three-wheel motorcycle platform.\nStory continuesImage Credits: Faction TechnologyDelivery, or micro-logistics as McKendrick calls it, is the first focus of the company.\nThe delivery vehicles would have an opaque canopy.\nUnder the driverless delivery applications, the user would be charged on a per-mile basis.</p>"}}}},"pageContext":{"slug":"faction-raises-4-3m-to-deploy-3-wheeled-evs-for-driverless-delivery"}}}