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Daimler Trucks Buys Majority Stake In Self-Driving Tech Innovator Torc Robotics
Friday, March 29, 2019 - 3:19pm | 495Daimler Trucks is buying a majority stake in Torc Robotics, another play in the company's efforts to expand its presence in the self-driving commercial vehicle market. Daimler Trucks is the world's largest truck manufacturer. Torc, a leader in self-driving technology, will remain a...
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Autonomous, Electric And Regulatory Barriers: Navistar's Gilligan Paints A Path Forward
Thursday, March 28, 2019 - 10:49am | 875COLUMBUS, Indiana. Autonomous trucks are still in the future, but there are plenty of technologies available now and coming down the pipeline that will transform the industry, said Steve Gilligan, vice president of marketing for Navistar (NYSE: NAV). Speaking at ACT Research's Seminar 60...
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Late Stage AV Investing To Gain Market Share, Says Pitchbook Report
Monday, March 25, 2019 - 10:46am | 590Venture investing in autonomous vehicles continues to heat up, and as startups mature expect late stage investing to increase, said an Emerging Tech Research Report on Mobility released by Pitchbook this week. The report also highlighted trends in the logistics space, with legacy companies...
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TuSimple Adds Night Vision To The Mix
Wednesday, March 20, 2019 - 10:30am | 404Autonomous truck company TuSimple announced today the development of a new vision system that will allow vehicles to operate at night and in low light environments. The system will go into production in the second quarter of 2019 and will be installed on TuSimple's self-driving customer fleet...
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Autonomous Trucking Execs Talk Hardware, Regulation And Who Will Be The First To Market
Friday, February 15, 2019 - 10:41am | 1135This past week has seen a couple of major deals in the autonomous trucking space. TuSimple landed $95 million in Series D funding, while Ike Robotics took home $52 million in series A. The two companies are at different stages and take different approaches to self-driving truck development....