Former GM executive and Fisker Automotive CEO Tony Posawatz has joined the board of startup Renovo, a California-based company.
, a California-based startup that's developing an open-source platform for autonomous mobility and data gathering.Renovo has devised a way to attack potentially the most lucrative aspect of autonomous mobility: data.The longtime auto executive oversaw the launch of the Chevy Volt in 2011, ushering in a critical transitional vehicle.
Posawatz has been ahead of the curve for more than a decade, so his arrival at Renovo indicates that the California company, founded in 2008, could be preparing to attack the next big transportation opportunity . The brief history of alternative mobility shows a clear pattern: electric cars ruled the conversation until a few years ago, when ride-hailing and self-driving took over.Early in its history, Renovo developed an all-electric Supercar, the Coupe.
According to Chris Heiser, Renovo's CEO, a fleet of 2,000 networked vehicles produces as much data every day as Facebook does globally. But managing that deluge is the classic"drinking from a firehose" problem. Instead, the company is focused on data orchestration, as it terms the process, with its open-source autonomous vehicle platform as the key enabler. To simplify, the company's systems are sort of like application program interfaces for autonomous vehicles and the data they crank out.
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