Put companies on watchlist
Schindler Holding AG
ISIN: CH0024638212
WKN: A0JJWH
About
Company Snapshot
New: Enable Investor Alerts
Be informed about new publications
New: AI Factsheet

Corporate News meets AI! 
Content analysis and summary

EN GIF 300X250

Schindler Holding AG · ISIN: CH0024638212 · EQS - Company News (48 News)
Country: Switzerland · Primary market: Switzerland · EQS NID: 1554311
08 February 2023 07:00AM

First self-driving delivery service in Switzerland test runs on Schindler campus


Schindler Holding AG / Key word(s): Market launch/Partnership
First self-driving delivery service in Switzerland test runs on Schindler campus

08.02.2023 / 07:00 CET/CEST


Swiss, driverless, and sustainable: Migros, the Swiss startup LOXO, and Schindler are testing a new kind of delivery service called "Migronomous". This self-driving vehicle, powered by an electric motor, was developed in Switzerland and will bring groceries from the Migros store to the Schindler campus in Ebikon. This is the first time that such an innovative delivery service runs on Swiss roads.

Migros and Schindler are testing the self-driving delivery vehicle "LOXO Alpha", built by LOXO as part of a pilot project starting on February 8, 2023. This is how it works: Schindler employees in Ebikon can place a Migros order online. Migros employees load the delivery vehicle with the ordered products before it automatically drives, at a maximum speed of 30 km/h, to the Schindler company premises 500 meters away. Upon its arrival, the Schindler employees use a code to open the compartment with their order and remove their purchases. In the initial test phase, the vehicle will travel between the Migros store and the Schindler company premises once a day from Monday to Friday.  

"We are very much interested in combining vertical mobility with innovative, automotive transport options. Connected transport solutions can make cities more livable and sustainable as well as significantly contribute to decarbonization," explains Christian Studer, Head of New Technologies at Schindler.

The "LOXO Alpha" was developed and built by engineers entirely in Switzerland. It is the first self-driving delivery vehicle on Swiss roads. The vehicle travels emission-free thanks to an electric motor and can transport up to 64 shopping bags. The pilot project is very demanding. In order to achieve maximum success, the vehicle will gradually become more and more independent until it is fully automated in the last project phase.

The growth curve for online orders has been pointing upwards for years. Migronomous can play a valuable role in the area of on-demand delivery. "Migros wanted to be the first retailer in Switzerland to play an active role in this future-oriented project. A self-driving delivery service fits to our pioneering spirit," says Rainer Deutschmann, Head of the Safety and Traffic at the Federation of Migros Cooperatives (Migros-Genossenschafts-Bund). "We can certainly imagine that the self-driving delivery service could be an addition to our existing transport fleet in the future."  

About Schindler
The Schindler Group was founded in 1874 in Switzerland and is one of the leading global suppliers of elevators, escalators, and associated services. Every day, Schindler moves 1.5 billion people all over the world with its mobility solutions. This success is backed up by 70,000 employees in more than 100 countries. Schindler has set itself the long-term, scientifically based emissions reduction target of achieving net-zero emissions along the entire value chain by 2040. This is to be achieved through a 90% absolute reduction in greenhouse gas emissions in scopes 1, 2, and 3 – starting from the base year 2020 – while simultaneously working to neutralize residual emissions.

More information
Katherine Lee | Head of External Communications
Phone +41 414 45 36 11 | Mobile +41 79 712 94 99 
corporate.communications@schindler.com

Schindler Management Ltd.
Zugerstrasse 13
6030 Ebikon
Switzerland 


End of Media Release


Language: English
Company: Schindler Holding AG
Zugerstrasse 13
6060 Ebikon
Switzerland
Phone: +41414453060
E-mail: corporate.communications@schindler.com
Internet: www.schindler.com
ISIN: CH0024638212, CH0024638196
Valor: 002463821
Listed: SIX Swiss Exchange
EQS News ID: 1554311

 
End of News EQS News Service

1554311  08.02.2023 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1554311&application_name=news&site_id=boersengefluester_html
Visual performance / price development - Schindler Holding AG
Smart analysis and research tools can be found here.

This publication was provided by our content partner EQS3.

EQS Newswire
via EQS - Newsfeed
EQS Group AG ©2024
(DGAP)
Contact:
Karlstraße 47 D-80333 München
+49 (0) 89 444 430-000

 

SMART * AD
EN GIF 970X250

P R O D U C T   S U G G E S T I O N S

The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.


The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.

If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.

For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.


1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.