Daimler Trucks acquires majority stake in Torc Robotics

Daimler Trucks has acquired a majority stake in Torc Robotics in a bid to commercialise highly automated trucks operating at SAE Level 4 on US roads. Roger Nielsen, CEO of Daimler Trucks North America (DTNA), says: “Torc’s Level 4 system has been shown to operate well for both urban and highway driving in rain, snow, fog, and sunshine.” Martin Daum, member of the board of management at Daimler, says the deal will combine the company’s truck hardware with Torc’s “agile software development”. Torc i
April 11, 2019 Read time: 2 mins

2069 Daimler Trucks has acquired a majority stake in Torc Robotics in a bid to commercialise highly automated trucks operating at 567 SAE Level 4 on US roads.

Roger Nielsen, CEO of Daimler Trucks North America (DTNA), says: “Torc’s Level 4 system has been shown to operate well for both urban and highway driving in rain, snow, fog, and sunshine.”

Martin Daum, member of the board of management at Daimler, says the deal will combine the company’s truck hardware with Torc’s “agile software development”.

Torc is expected to work closely with DTNA’s research and development team in Portland, Oregon, where DTNA focuses on further evolving automated driving technology and vehicle integration for heavy-duty trucks.

Torc will continue to develop its Asimov self-driving software and testing at its facility in Blacksburg, Virginia.

The company will retain its name, team, existing customers and facilities in Blacksburg. The closing of the deal is subject to approval from US authorities.

Networking & Communication Systems

Related Content

  • Outsourcing security weakness for Sweden’s driver and vehicle data
    October 24, 2017
    The security of driver and vehicle data hit the headlines this summer in Sweden and its authorities are still dealing with the fallout. David Crawford reports. epercussions from Sweden’s vehicle data outsourcing scandal continue to reverberate. Transportstyrelsen, the government’s transport agency, came under fire this summer for risking the personal security of over five million motorists by failing to implement full security checks on personnel in other countries to whom individual work packages could
    Read More
  • AVs in the Netherlands? Don't forget the bikes
    June 11, 2019
    The Netherlands’ famous love of bicycles could be a problem when it comes to the deployment of autonomous vehicles there. And there might be other obstacles, finds Ben Spencer Of all the countries on the planet, the Netherlands is most ready to start deploying autonomous vehicles (AVs), according to a survey by KPMG earlier this year. On the face of it, this is good news: coming first out of 25 countries listed in the Autonomous Vehicles Readiness Index (AVRI) for the second consecutive year puts the Du
    Read More
  • Evolving commuters' demands to pave the way for car-sharing business models
    October 5, 2016
    Physical integration of public transit systems with car-sharing will enhance convenience and drive growth opportunities, finds Frost & Sullivan's Mobility Team. Its latest study, Future of Car-sharing Market to 2025, says that with vehicle automation rapidly gaining currency, cars-haring operators (CSOs) are developing novel business models to address the evolving mobility demands of commuters. They will initially offer self-parking services, allowing members to drop off vehicles at designated parking lo
    Read More
  • Silicon Valley comes to Parma
    July 13, 2015
    VisLab, a spin-off of the University of Parma, Italy, has been acquired by US image processing systems developer Ambarella for US$30 million. VisLab, founded in 2009 and managed by Alberto Broggi, professor of the Department of Information Engineering, specialises in computer vision software, particularly for automotive applications. The company has won several awards for its research and for its challenges such as the 15,000 kilometres autonomous vehicle driving test from Parma to Shanghai in 2010.
    Read More

Highlighted Content