The business said late last week that it had raised $5.6 billion in new capital at an undisclosed value. The financing was led by Alphabet, which also owns Google.
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Torc Validates Fully Driverless Truck on Test Track
Since May, the independent subsidiary of Daimler Truck has been conducting fully driverless truck tests on a multi-lane test track in Texas, the company revealed Oct. 29.
October 29, 2024Autonomous Yard Tractor Developer Outrider Raises $62M
Autonomous electric yard tractor software developer Outrider raised $62 million in an oversubscribed Series D financing round, it said Oct. 24.
October 28, 2024Aurora: Autonomous Trucks Can Reduce Risk, Insurance Costs
NASHVILLE, Tenn. — Autonomous trucks could help ease liability risk and alleviate rising insurance costs in the trucking industry by proactively identifying hazards and avoiding crashes.
October 16, 2024How Self-Driving Trucks Could Create New Jobs
As autonomous truck developers move Âcloser to deploying fully driverless on-highway tractors, they are also pioneering a set of new, specialized job functions.
September 6, 2024GM to Cut More Than 1,000 Software Engineers, Mostly in US
General Motors Co. is cutting more than 1,000 software engineers as the automaker moves to lean up its software and services organization, said a person familiar with the matter.
August 19, 2024Aurora, Waymo Seek Alternative to Roadside Warning Triangles
Drivers whose trucks are sidelined along a busy highway with service issues have for decades been required to place warning triangles behind the trailer to alert oncoming traffic.
July 29, 2024Atlas Energy to Deploy Self-Driving Trucks for Fracking Sand
Atlas Energy plans to deploy self-driving trucks developed by Kodiak Robotics for delivery of fracking sand to Permian Basin oil and natural gas wells in Texas beginning in early 2025.
July 24, 2024FMCSA, NHTSA Delay Posting of Significant Rulemakings
Regulators are delaying until 2025 a supplemental heavy-duty truck speed limiter proposed rule, an automatic emergency braking final rule and a proposed new truck driver seizure standard.
July 16, 2024Hyundai, Plus Team Up on Self-Driving Class 8 FCEV Truck
Hyundai Motor Co. and autonomous driving software specialist Plus unveiled what they say is the first Level 4 autonomous Class 8 hydrogen fuel cell electric truck in the U.S.
May 29, 2024