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Yahoo
30-06-2025
- Business
- Yahoo
Arrive AI Teams With Skye Air to Accelerate Drone Delivery in India
One mailbox-as-a-service provider is headed from Indiana to India. Indianapolis-headquartered Arrive AI announced it has teamed with India's Skye Air to bring more robust drone delivery access to the country. More from Sourcing Journal Walmart Plans to Bring 100K New Indian Small Businesses Online H&M Foundation-backed Circularity Initiative Expands in India Shein Reportedly Making Plans With Reliance to Export India-Made Goods Arrive AI, which recently went public on the Nasdaq, offers mailbox-as-a-service technology. That is to say, the company makes and licenses delivery points, called Arrive Points, that resemble a mailbox—but are designed to receive shipments from drones, autonomous vehicles and robots. Skye Air, headquartered in India, delivers e-commerce orders via drone in as little as seven minutes. According to the company, its drones are equipped to handle parcels that weigh up to 110 pounds, and it makes about 6,000 deliveries a day in Gurugram, India. The companies will work together to develop Arrive Points suited to meet Skye's specs for delivery, then expand that technology throughout the country. Dan O'Toole, Arrive's founder and CEO, said his company plans to deploy between 20 and 40 Arrive Points in India in 2025, though the partnership aims to stand up 500 mailboxes across India in the coming years. O'Toole and team monitor new Arrive Points for consumer understanding, as well as accessibility for autonomous delivery. From there, they consistently tweak the technology, which is why the company has chosen not to deploy 500 Arrive Points simultaneously. 'Our product is still in its infancy, and we are not getting ahead of ourselves and producing a ton of them because they're going to be very quickly outdated and obsolete,' O'Toole told Sourcing Journal. 'We want to take the learnings of the small batches and re-engineer those into the next units. We're always evolving.' Skye will also need to scale its technology; while it currently makes deliveries in one city, it has aspirations to serve the greater New Delhi area, which has a population of about 33 million people. For O'Toole, the prospect of serving a densely populated area with fewer drone-related regulations than other geographies—like the United States—has proven an exciting challenge. And Ankit Kumar, founder and CEO of Skye Air, said as the company prepares to scale its operations to other areas in India, falling into sync with Arrive makes perfect sense. 'Our partnership with Arrive AI couldn't have come at a time better than this, when we are scaling up operations and expanding to newer cities such as Bengaluru,' Kumar said in a statement. 'Together with Arrive AI's state-of-the-art product, we are certain to dominate the infrastructure access points. It will make the entire process so much better. We can't wait to get these units in the field.' In the U.S., major e-commerce players like Amazon and Walmart have shown a consistent interest in drone delivery. But today, those companies typically ask their consumers to pinpoint a delivery spot, like the center of their backyard or driveway; while that may work well in more suburban areas, it makes scaling in major metropolitan areas a difficult prospect. O'Toole said Arrive's technology complements the growth of drones and other autonomous delivery methods quite nicely—and ensures parcels are secure. He anticipates that, as drone delivery continues to rise, theft will surge if packages go unprotected at length. 'If you have this whole new industry of autonomous delivery, you're going to have a whole new industry of autonomous delivery theft,' he said. '[Arrive] is allowing you to go about your normal day with peace of mind that what you have coming is going to be delivered safely and securely.' Arrive Points have several different configurations; for commercial use, the company deploys units that are 56 inches tall by 24 inches wide; for residential use cases, it uses units that are 41 inches tall by 24 inches wide. Because parcels vary in size and weight, Arrive couldn't provide an estimate on how many packages fit in an Arrive Point simultaneously. O'Toole said he first had the idea for Arrive Points 11 years ago, and has held several U.S. patents for the technology since that point. The company went public on the Nasdaq on May 15. The founder said, for him, trading publicly is just the beginning of a new chapter. 'A lot of people would view that as the culmination of the dream, but the reality is, that's the beginning of the dream—getting to the public markets anda access to that capital is the igniter we need to get to the next level,' he said. Now, he's working to secure patents in 58 countries for further global expansion, well beyond India. In the next 60 days, Arrive plans to add 40 roles to its workforce. O'Toole has long believed in the power of autonomous delivery, but the partnership with Skye reinforces its potential prowess, particularly in large e-commerce markets like India. He believes that, because Arrive was an early mover on complementary technology for drones and autonomous delivery, the company has the chops to compete and innovate in a meaningful way for the market. 'Drones are happening. The cool thing for us is, we're iterating shoulder to shoulder with the biggest market cap companies in the world,' he said. 'I always view the drones and the robots and the unmanned vehicles as commodities, and I view [Arrive] as…the center of that delivery universe, where every shipment will start and end.'
Time of India
23-05-2025
- Business
- Time of India
How much will Apple iPhones cost in the U.S if Donald Trump imposes 25% tariffs, here's the breakdown
What Did Donald Trump Say About Apple Tariffs? Apple's Shift to India Will India-Made iPhones Be Safe From Tariffs? Live Events How Will Trump's Tariffs Impact iPhone Prices? FAQs (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel If US president Donald Trump follows through on his latest threat, the price of iPhones in the United States could increase soon, as per reports. On Trump's social media site, he warned that Apple would have to pay 25% tariff for iPhones made outside of the United States, as per his post on US president wrote that, 'I have long ago informed Tim Cook of Apple that I expect their iPhone's that will be sold in the United States of America will be manufactured and built in the United States, not India, or anyplace else. If that is not the case, a Tariff of at least 25% must be paid by Apple to the U.S.,' as per his Truth Social READ: Greenland dumps Donald Trump, signs lucrative minerals deal with Europe in a major blow to the president Even though at present, Apple's flagship phones are mostly made in China, but the company has been shifting manufacturing to India due to the ongoing trade war between the United States and China which was fuled by the traiffs imposed by Trump, as per CEO Tim Cook said earlier this month that Indian factories would supply the 'majority' of iPhones sold in the United States in the coming months, according to the Financial Times. The iPhone maker reportedly plans to source all of those devices from India by the end of next year, as per the to Financial Times, the move is part of Apple's effort to avoid tariffs on Chinese-made goods imposed by the Trump administration and Foxconn, one of Apple's key suppliers, is investing $1.5 billion to expand iPhone production in Trump's post signals that even Indian-made iPhones may not be safe from his tariffs. Just last week, he expressed frustration over Apple's expansion in India, saying there was 'a little problem with Tim Cook', as per the Financial Street analysts have warned that building iPhones entirely in the United States is not a realistic option, as per CNBC. Some experts estimate that shifting all production stateside would increase the price of an iPhone by at least 25%, according to the report. Analyst Dan Ives of Wedbush Securities estimated that a US-made iPhone could cost around $3,500, while the iPhone 16 Pro retails for about $1,000, as per CNBC analysts say it is virtually impossible for Apple to make their products entirely in the United States anytime soon, according to Wedbush Securities analyst wrote in a research note that, "Trump's pressure on Apple to build iPhones in the United States would result in an iPhone price point that is a non-starter for Cupertino and translate into iPhone prices of ~$3,500 if it was made in the U.S., which is not realistic as this would take 5-10 years,' adding, 'We believe the concept of Apple producing iPhones in the U.S. is a fairy tale that is not feasible,' quoted pushing for more US-based manufacturing and is unhappy that Apple is expanding production in India instead of bringing jobs components are made in the US, but full assembly happens mostly in China and increasingly in India.
Time of India
23-05-2025
- Business
- Time of India
How much will Apple iPhones cost in the U.S if Donald Trump imposes 25% tariffs; here's the breakdown
If US president Donald Trump follows through on his latest threat, the price of iPhones in the United States could increase soon, as per reports. On Trump's social media site, he warned that Apple would have to pay 25% tariff for iPhones made outside of the United States, as per his post on Friday. What Did Donald Trump Say About Apple Tariffs? The US president wrote that, 'I have long ago informed Tim Cook of Apple that I expect their iPhone's that will be sold in the United States of America will be manufactured and built in the United States, not India, or anyplace else. If that is not the case, a Tariff of at least 25% must be paid by Apple to the U.S.,' as per his Truth Social post. ALSO READ: Greenland dumps Donald Trump, signs lucrative minerals deal with Europe in a major blow to the president Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Óculos militar, perfeito para pescarias, dirigir, caminhadas Óculos Max Saiba Mais Undo Apple's Shift to India Even though at present, Apple's flagship phones are mostly made in China, but the company has been shifting manufacturing to India due to the ongoing trade war between the United States and China which was fuled by the traiffs imposed by Trump, as per reports. Apple CEO Tim Cook said earlier this month that Indian factories would supply the 'majority' of iPhones sold in the United States in the coming months, according to the Financial Times. The iPhone maker reportedly plans to source all of those devices from India by the end of next year, as per the report. Will India-Made iPhones Be Safe From Tariffs? According to Financial Times, the move is part of Apple's effort to avoid tariffs on Chinese-made goods imposed by the Trump administration and Foxconn, one of Apple's key suppliers, is investing $1.5 billion to expand iPhone production in India. Live Events But Trump's post signals that even Indian-made iPhones may not be safe from his tariffs. Just last week, he expressed frustration over Apple's expansion in India, saying there was 'a little problem with Tim Cook', as per the Financial Times. How Will Trump's Tariffs Impact iPhone Prices? Wall Street analysts have warned that building iPhones entirely in the United States is not a realistic option, as per CNBC. Some experts estimate that shifting all production stateside would increase the price of an iPhone by at least 25%, according to the report. Analyst Dan Ives of Wedbush Securities estimated that a US-made iPhone could cost around $3,500, while the iPhone 16 Pro retails for about $1,000, as per CNBC reported. Industry analysts say it is virtually impossible for Apple to make their products entirely in the United States anytime soon, according to Variety. The Wedbush Securities analyst wrote in a research note that, "Trump's pressure on Apple to build iPhones in the United States would result in an iPhone price point that is a non-starter for Cupertino and translate into iPhone prices of ~$3,500 if it was made in the U.S., which is not realistic as this would take 5-10 years,' adding, 'We believe the concept of Apple producing iPhones in the U.S. is a fairy tale that is not feasible,' quoted Variety. FAQs Why is Trump threatening Apple with tariffs now? He's pushing for more US-based manufacturing and is unhappy that Apple is expanding production in India instead of bringing jobs home. Aren't iPhones already made in America? Some components are made in the US, but full assembly happens mostly in China and increasingly in India.
