PACCAR, Volvo invest in self-driving tech company Aurora’s $10.6B SPAC
Aurora Innovation gets a $10.6 billion enterprise value, the second highest of four autonomous driving software developers seeking to go public.
Aurora Innovation gets a $10.6 billion enterprise value, the second highest of four autonomous driving software developers seeking to go public.
Professional drivers help teach their robotic successors while evangelizing for the technology among truckers who feel threatened.
Embark Trucks plans to go public at a $5.16 billion valuation with sponsorship by the special purpose acquisition company that backed Lion Electric.
The blank-check route to going public is losing steam, but Aurora Innovation may take the plunge in a SPAC led by one of its investors.
HP is shipping a weekly load of computer printers on supervised robot semis from Embark Trucks, which is growing its partner network.
Self-driving truck software maker Plus signed its long-rumored SPAC with $500 million cash and $3.3 billion valuation expected in Q3.
Kodiak Robotics claims the best autonomous trucking software. But the startup trails the sector’s big names in both money and partners.
With TuSimple going public by IPO, a new report says rival autonomous trucking software developer Plus will soon follow via SPAC.
As the trucking industry rebuilds toward meeting replacement demand, PACCAR expects new products will help it continue gaining market share.
Texas grows as locus for autonomous truck testing as Aurora Innovation plans to begin Class 8 testing in Dallas-Fort Worth area.
Amazon is looking to buy Zoox, a self-driving startup that seeks to create a fleet of electrified robo-taxis.
Relationships between OEMs and tech giants get complicated as the self-driving and mobility race heats up.
The news comes days after its parent company nixed a partnership with Groupe Renault.
Aurora Innovation plans to buy Montana-based Blackmore, a company that develops light detection and ranging radar (lidar) technology for self-driving vehicles. The acquisition comes several months after Aurora’s $530 million Series B funding round, which was led by Sequoia Capital and “significant investment” from Amazon and T. Rowe Price Associates. Aurora did not disclose the […]