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

For more information on companies in this article

Related Content

  • Mercedes traffic tech set for Long Beach 
    September 30, 2021
    Intelligent intersection control system aims to safely adapt traffic signal timing
    Read More
  • Smartphone solution for parking performance
    March 31, 2017
    Automated parking offers optimised space utilisation and fewer damage complaints as David Crawford discovers. As cars become smarter, technology designed to make parking them more straightforward is developing in parallel. In turn, it is becoming clear that the places where vehicles spend much of their time will need to respond – more comprehensively than by supporting established aids such as smartphone-based parking location and reservation, or payment for time used.
    Read More
  • Smartphone solution for parking performance
    March 31, 2017
    Automated parking offers optimised space utilisation and fewer damage complaints as David Crawford discovers. As cars become smarter, technology designed to make parking them more straightforward is developing in parallel. In turn, it is becoming clear that the places where vehicles spend much of their time will need to respond – more comprehensively than by supporting established aids such as smartphone-based parking location and reservation, or payment for time used.
    Read More
  • Verra and Redflex: what happens now?
    August 16, 2021
    Verra Mobility has bought Redflex; Mark Talbot, who used to run Redflex and is now Verra’s head of government solutions, explains what happens next
    Read More

Highlighted Content