Daimler Trucks to acquire majority stake in Torc Robotics to create technology powerhouse for automated trucks

Daimler Trucks and Torc Robotics, a pioneer in autonomous driving solutions, are joining forces in a one-of-a-kind combination to commercialize highly automated trucks (SAE Level 4) on U.S. roads. Going beyond an OEM/supplier relationship, the companies signed an agreement today for Daimler AG’s subsidiary Daimler Trucks and Buses Holding Inc., to acquire a majority stake […]