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Ocado invests £10m in Oxbotica to develop autonomous vehicles to speed up logistics operations

17 March 2021 | 07:25am StockMarketWire.com - Engineering company Ricardo said it had won an $89 million contract to make safety improvements to the US Amrys high mobility multi-purpose wheeled vehicle. The three-year contract would see Ricardo provide up to 9,480 antilock brake system and electronic stability control retrofit kits for the vehicles. The first delivery order would include $10 million to deliver 1,200 retrofit kits by August. A second delivery order was expected later this year t...