11.8 C
New York
Saturday, December 5, 2020
Home Trends Your next tire change could be performed by a robot

Your next tire change could be performed by a robot

Waiting in a service station waiting room purgatory one day, Victor Darolfi had a simple thought. “I sat at America’s Tires for three hours and thought, hey, we use robots to put tires on at the factory,” the founder explains. “Why don’t we bring robots into the service industry?”

The notion was the first seed behind RoboTire, the Bay Area-based robotics company, which the former Spark Robotics CEO founded in October 2018. Now ready to come out of stealth as part of the latest batch of Y Combinator startups, RoboTire has already generated interest in the industry for its ability to change car tires in a fraction of the time of most mechanics.

“We can do a set of four tires, put in to pull out, in 10 minutes,” Darolfi explains. “It normally takes about 60 minutes for a human operator to do a set of four. Some can go faster, but they really can’t do that eight hours a day.”

Partnering with Mitsubishi robotics, RoboTire has designed a system that currently runs around $250,000, which it’s looking to license to service centers, dealers and other outlets. For those who get in early as part of the company’s pilot, the company will charge around $5 to $7 per tire. When a more final product rolls out, that number should jump to around $10 to $15.

RoboTire anticipates that the robot should generate around $10,000 a month, essentially earning back the cost of a unit in around two years. While the startup has been in discussions with a number of high-profile companies, including Bridgestone, the first partner to pilot its product is San Carlos, Calif.-based auto repair shop, Toole’s Garage.

After raising $170,000 in February of last year, RoboTire closed a million-dollar seed round via Type One Ventures and Backend Capital, prior to getting into YC. Next, Darolfi says the company is targeting a “very substantial round” to build out eight systems for piloting.

The executive plans to manufacture and assemble systems in his native Detroit, an area with an abundance of automotive and manufacturing talent, but a dearth of job opportunities.

Source: TechCrunch

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

- Advertisment -

Most Popular

ED seizes Vijay Mallya’s French asset worth Rs 14-cr

Businessman Vijay Mallya's property worth Rs 14 crore located in France has been seized under the anti-money laundering law, the Enforcement Directorate said on...

Not just pent up demand that is reviving economy: Finance Minister Nirmala Sitharaman

Finance Minister Nirmala Sitharaman on Friday said the economy reflating at a rate faster than previously expected is not just due to pent up...

Farm reforms not done in a jiffy: Finance Minister Nirmala Sitharaman

Finance Minister Nirmala Sitharaman on Friday said the farm reform legislations were brought in after elaborate stakeholder consultations and a lot of homework, and...

Protesting farmers call for ‘Bharat Bandh’ on Dec 8, say will intensify agitation if demands not met

Hardening their position ahead of the fifth round of talks with the government, agitating farmers on Friday announced a 'Bharat Bandh' on December 8...

Recent Comments

%d bloggers like this: