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

  • MVIS, HRS partner on workzone safety
    September 19, 2014
    Mobile Visual Information Systems (MVIS) and the creator of the Intellicone temporary work zone safety system, Highway Resource Solutions (HRS), have teamed up to create the Safelane automated traffic management system and the Multisafe Smart VMS. The companies say these are the first temporary road maintenance safety solutions to combine industry-leading modular electronic perimeters and variable message signs (VMS), providing a cost-efficient method of improving the safety of both road workers and road
    Read More
  • Electronic toll collection system market projected to grow $9.5 billion by 2020
    May 19, 2014
    According to a new market research report by MarketsandMarkets, Electronic Toll Collection System Market by Products, Technology Applications and Geography - Analysis & Forecast 2013-2020, the market for electronic toll collection (ETC) is expected to grow at a CAGR of 11.1 per cent from 2013 to 2020, and reach US$9.5 billion in 2020. The overall global electronic toll collection system market is segmented into four major areas: products, technologies, applications and geography. All the major segments a
    Read More
  • London needs just one road user charge, says report
    July 8, 2019
    London’s patchwork of road charging schemes should be replaced by a single, distance-based user charge, according to new research. Apart from anything else, it would be much fairer… The UK capital’s multiple road charging schemes require a radical overhaul, according to a new report by the Centre for London thinktank. The suggested solution is to replace existing levies on drivers with a single, distance-based user charge which would more fairly reflect how much, and at what time, people are using London
    Read More
  • Building Europe’s roads for driverless age
    June 17, 2022
    Creating smart, co-operative road transport systems that harness the white heat of technology won’t be easy but a new document shows the way – Andrew Stone does some reading…
    Read More

Highlighted Content