Daimler Trucks acquires majority stake in Torc Robotics; takes aim at automated trucks

Daimler Trucks has agreed to acquire a majority stake in Torc Robotics for an undisclosed sum. Closing of the acquisition is subject to approval from U.S. authorities. The companies plan to work together to commercialize highly automated trucks (SAE Level 4) on U.S. roads. AdvertisementClick Here to Read MoreAdvertisement As part of the overall agreements, … Continue reading Daimler Trucks acquires majority stake in Torc Robotics; takes aim at automated trucks