Local Motors receives investment from GameAbove Mobility to

Local Motors receives investment from GameAbove Mobility to scale American-made autonomous vehicle, Olli


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CHANDLER, Ariz., May 6, 2021 /PRNewswire/ --
 Local Motors, a leader in the design, manufacturing, and deployment of autonomous vehicles, announced today, it has received funding to help scale the production of Olli, the company's electric autonomous vehicle. The investment from GameAbove Mobility, a division of CapStone Holdings Inc., demonstrates a continued interest in partnering with established, innovative companies to create next-generation mobility solutions.
The investment will allow Local Motors to scale AV production as demand for level 3 autonomous vehicles continues to grow within campuses, city centers, and municipalities. Local Motors manufactures Ollis from a microfactory in Knoxville, Tennessee. The build floor's production capacity will increase as a result of GameAbove Mobility's investment.

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