Electronics and Semiconductors

Daimler acquires autonomous trucks vendor Torc Robotics

02 April 2019

Daimler Trucks has signed an agreement to acquire Torc Robotics, a maker of self-driving software for next-generation automobiles.

Torc is developing commercialized automated trucks with Level 4 self-driving capabilities for U.S. roads.

Daimler said because of the rise in demand for cargo transportation, particularly coming from e-commerce, there is a strong business case for self-driving trucks. The company believes that not only will this solve the demand for last-mile logistics, but it will also save lives as a result of eliminating human driving error.

Torc will work with Daimler Trucks to continue to develop its Asimov self-driving software, with testing at Torc’s Blacksburg, Virginia, facility. Meanwhile, Daimler plans to focus on evolving its automated driving technology and vehicle integration for heavy-duty trucks. The company is also working on a truck chassis for automated driving, specifically redundancy of systems needed to provide maximum safety.

After the acquisition, Torc will remain a separate entity and retain the name, team, existing customers and facilities in Blacksburg. With Daimler, Torc will expand its team and customer base into current and other markets.

To contact the author of this article, email PBrown@globalspec.com

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