Amazon To Buy Self-Driving Start-Up Zoox For Over $1 Billion: Report
Amazon.com Inc has agreed to pay over $1 billion to buy self-driving startup Zoox Inc, the Information reported on Thursday, citing sources, in a move that would expand the e-commerce giant's reach in autonomous-vehicle technology.
The report did not mention the exact purchase price and added Amazon is unlikely to disclose it when the deal is announced, likely to be on Friday.
A majority of Zoox investors are getting their money back, with some making a positive return, the report added. Lux Capital, DFJ and Atlassian co-founder Michael Cannon-Brooks are some of the investors.
Amazon and Zoox did not immediately respond to a Reuters request for comment.
The Wall Street Journal reported last month that the companies were in advanced talks and the deal could value Zoox at less than the $3.2 billion it achieved in a funding round in 2018.
Amazon has stepped up its investment in the car sector, participating in a $530 million funding round early last year in self-driving car startup Aurora Innovation Inc.
Related News
Latest Cars
Upcoming Cars
Latest News
Jaiveer Mehra | Jan 30, 2026Jeep India Confirms ‘First Model of Future Lineup’ To Arrive In 2027: What Could It Be?The SUV maker confirmed its first all-new model for India since 2022.1 min read
Jaiveer Mehra | Jan 30, 2026New Bentley Continental GT S Debuts As Sportier Alternative To Standard CGTThe GT S shaves the 0-100 kmph time down from 3.7 seconds to 3.5 seconds despite not offering any additional power.1 min read
Jaiveer Mehra | Jan 29, 2026Tesla Model S, Model X Production To End By Mid-2026Company CEO Elon Musk made the announcement during the company’s Q4 2025 earnings call.3 mins read
car&bike Team | Jan 29, 2026Mahindra Vision S SUV Interior Spied For The First TimeTest mules of the boxy SUV were initially spotted on public roads in mid 2025, with the concept debuting in August.1 min read
car&bike Team | Jan 29, 2026Hyundai Exter Facelift Spied Testing Ahead Of India DebutUpdated Exter is expected to make its debut later in the year as Hyundai will look to better compete with the Punch.1 min read
Janak Sorap | Jan 29, 20262023 World Superbike Championship-winning Ducati Panigale V4 R: Photo GalleryThis one is not tribute bike or a factory replica, but the very machine ridden by Álvaro Bautista during his record-breaking WorldSBK title in the 2023 season.1 min read
Bilal Firfiray | Jan 21, 2026Tata Punch Facelift Review: New Turbo Engine; Same Old SoulWith the update, the Tata Punch facelift retains its character of being a healthy runabout, which is perfect for Indian roads. But have these changes made it any better?7 mins read
Amaan Ahmed | Jan 17, 2026Bajaj Chetak C25 First Ride Review: Basic, Likeable E-Scooter For First-Time RidersThe Chetak C25, in quite a few ways, is poles apart from the larger and more powerful 30 and 35 Series models, but in its mannerisms, it is very much a Chetak.8 mins read
Bilal Firfiray | Jan 9, 2026Toyota Urban Cruiser Hyryder: 10,000 km Long-Term ReviewAfter spending over three months and 10,000 km with the Toyota Urban Cruiser Hyryder Hybrid, we were impressed by its real-world mileage, seamless hybrid, practical comfort, and Toyota reliability. Is it the best C-SUV then?5 mins read
Seshan Vijayraghvan | Jan 8, 20262026 Mahindra XUV 7XO Review: Big On Tech, Bigger On ComfortThe new Mahindra XUV 7XO is flashier, feature packed, and comes with more advanced tech. But are the changes just incremental or actually substantial?1 min read
Preetam Bora | Jan 10, 2026Simple One Gen 2 First Ride Review: 265 km Claimed Range!The Gen 2 model of Simple Energy’s first electric scooter gets a fair few updates, including new features, tech, more range and lighter weight. We spent a couple of hours with the Simple One Gen 2 to find out if it manages to impress.6 mins read