PlusAI targets year-end close on $800M Texas Ventures SPAC
PlusAI’s merger with Texas Ventures Acquisition III values the autonomous trucking developer at $800 million, with $60 million committed ahead of a vote.
PlusAI’s merger with Texas Ventures Acquisition III values the autonomous trucking developer at $800 million, with $60 million committed ahead of a vote.
CEO Karin Rådström said the integrated setup differentiates Daimler Truck from every other player, as its Freightliner and Western Star brands hold 37.8% of the Class 8 market.
Kodiak’s first unsupervised long-haul service will carry IKEA goods between Houston and Dallas later this year, after 750,000 autonomous miles with an observer in the seat.
Aurora plans to exit 2026 with 200 driverless trucks and wants 30,000 by 2030. Werner, one of its driverless customers, said the economics only work once scale brings costs down.
Kodiak plans driverless highway runs by year-end. First it needs roadside inspectors to clear a truck with nobody in the cab
The Teamsters’ lawsuit targets rules the California DMV began drafting in 2021. Permit applications keep moving while the challenge works its way through the courts.
Bot Auto will staff its remote assistance operators exclusively with U.S. personnel, staking out ground a Senate investigation of robotaxi operators left wide open.
AMD said Kodiak AI is the first autonomous trucking company to deploy its advanced EPYC processors, extending the chipmaker’s push into physical AI workloads.
Gatik runs dozens of driverless trucks today and wants thousands. A $200 million Series D led by Qatar Investment Authority and Koch Disruptive Technologies funds the jump.
Revenue rose 26% to $27 million in the first half. Management expects 60–73% growth in the second half while scaling via partner trucks.
Aurora Innovation said it expects to reach an $80 million TaaS revenue run-rate by year-end, detailing the per-mile revenue outlook for both business models ahead of a planned 2027 shift to driver-as-a-service. The company reported a $270 million second-quarter loss.
Atlas Energy Solutions expanded its Kodiak partnership to a second Permian load-out point and set a 100-truck driverless target for mid-2027, up from 28 today.
With nearly 440,000 driverless miles logged, Aurora is turning safety data into a production ramp, and Wall Street is watching the race to 2027 scale.
Waabi’s self-driving software switched from a Peterbilt to a totally different Volvo truck and drove safely from the first mile, no retraining needed.
Volvo Autonomous Solutions will go fully driverless on U.S. highways in Q1 2027, targeting more than 300 trucks by year-end and nearly $3 billion in revenue.
Einride began trading on Nasdaq after completing its de-SPAC. The company is scaling both electric trucks and cabless autonomous vehicles.
PepsiCo and Gatik have launched the largest commercial driverless trucking deployment to date, with operations now live across Texas, Arizona and Arkansas
Brett Suma has joined Bot Auto as president and COO. The Knight Transportation and TrailerHawk.ai veteran and co-founders will build a purpose-built autonomous freight network.
Torc Robotics Mila partnership advances physical AI for autonomous trucking. Torc is now Mila’s only autonomous trucking company with dedicated research space in Montreal.
Autonomous trucking is expanding beyond the Sun Belt and into Ohio. Einride and EASE Logistics announced Monday the deployment of SAE Level 4 (L4) autonomous electric trucks in a proof-of-concept service. The trucks will operate between EASE Logistics warehouses in Marysville, Ohio. The deployment is an extension of the Ohio Department of Transportation and DriveOhio’s […]