Related News: Beep, Local Motors Partner to Deploy AV, Electric Shuttles
Local Motors Reportedly Plans Shut Down
The company, known for its autonomous shuttle called Olli, looks to be closing according to unofficial reports.
January 15, 2022
Various media reports say Local Motors employees were looking for work on LinkedIn, though the company has yet to formally confirm the rumors.
Photo via Local Motors
1 min to read
Local Motors, the company behind the Olli AV shuttle and Rally Fighter car, looks to be shutting down operations if employees' reports are true. The company has yet to release its own statement or make an official announcement.
The news broke from the website, The Drive, which reported on Jan. 12 a string of unofficial announcements from employees on LinkedIn, including one from Local Motors' former VP of sales and customer success, and cites an anonymous source about a lack of funding.
Logo via Local Motors
The company had multiple partners in the fleet and public transportation industries and announced Vikrant Aggarwal as CEO in September 2021.
Local Motors is headquartered in Chandler, Ariz., and manufactures the Olli shuttles at a factory in Knoxville, Tenn.
More Fleet Forward
What Fleets Want: FFC Panel to Examine the Future of the Fleet-OEM Relationship
Fleet and OEM leaders will tackle how connected vehicles, embedded telematics, and data are changing the relationship between commercial fleets and automakers.
Read More →
2026 Fleet Manager of the Year Finalists Announced
Who are the 2026 Fleet Manager of the Year finalists?
Read More →
John Rossant to Deliver Opening Keynote at 2026 Fleet Forward Conference
The CoMotion founder will draw on developments across Europe, China, the Middle East, and other international markets to identify trends that could influence how U.S. fleets plan for the coming decade.
Read More →
How to Build Custom Fleet Tools With AI and Vibe Coding [Webinar]
A new Automotive Fleet webinar explores how fleet managers are using AI and vibe coding to automate routine work and create simple operational tools without traditional programming skills.
Read More →
Is Fleet Ready for Its New Disruptors?
Three emerging leaders from a corporate fleet, public fleet, and the automotive supply chain will bring new ideas and a willingness to challenge industry norms to the Fleet Forward Conference stage.
Read More →
NAFA Announces 2026 Fleet Safety Symposium Education Program
Register for NAFA’s Fleet Safety Symposium and save $200 on your Fleet Forward Conference registration.
Read More →
Fleet Managers Take the Lead in Hands-On AI Workshop at FFC
The fleet manager-led session will show how to use “vibe coding” to build practical fleet tools without a traditional programming background.
Read More →
NETS Crash-Cost Data and CoolSys’ 80% Loss Reduction Take Center Stage at FFC
NETS will present findings from its latest Cost of Crashes research, then CoolSys safety leader and author Shawn Martinez will explain how the company built a safer driving culture across 3,500 employees.
Read More →
Is Your Grey Fleet Creating an Unmanaged Safety Risk?
NCR Atleos Fleet Manager Jose Rocha will join Cardata and SambaSafety experts at Fleet Forward Conference to examine how fleets can extend safety oversight to every employee who drives for business.
Read More →
Agentic AI Session at FFC Will Help Fleets Turn Data Into TCO Action
Mike Albert Fleet Solutions and Motorq will show how agentic AI can uncover maintenance, fuel, and utilization savings buried across disconnected fleet data.
Read More →