Similar Stories to Daimler Invests In Lidar Company Luminar In Push To Bring Autonomous Trucks To Highways on Bing News

Daimler’s trucks division has invested in lidar developer Luminar as part of a broader partnership to produce autonomous trucks capable of navigating highways without a human driver behind the wheel. The deal, which comes just days after Daimler and Waymo announced plans to work together to build an autonomous version of the Freightliner Cascadia truck, is the latest action by the German manufacturer to move away from robotaxis and shared mobility and instead focus on how automated vehicle technology can be applied to freight. The undisclosed investment by Daimler is in addition to the $170 million that Luminar raised as part of its merger with special purpose acquisition company Gores Metropoulos Inc.

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BING NEWS:
  • Luminar Technologies (LAZR) Price Target Decreased by 8.71% to 5.15
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    04/17/2024 - 3:10 am | View Link
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    04/15/2024 - 7:03 pm | View Link
  • Daimler Truck
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    05/31/2023 - 2:04 am | View Link
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