Volvo Collaborates With Aurora For Autonomous Truck Development

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  • Volvo AB’s VOLVF Volvo Autonomous Solutions forged a multi-year partnership with autonomous driving company Aurora to develop on-highway autonomous trucks.
  • The collaboration will initially focus on hub-to-hub applications for North American customers.
  • This partnership will concentrate on the amalgamation of the Aurora Driver into Volvo’s on-highway trucks and the development of Transport as a Service solution.
  • Volvo also forged a partnership with NVIDIA Corp NVDA to develop artificial intelligence (AI) for self-driving trucks.
  • Aurora’s autonomous systems, unified self-driving stack, software, hardware, and data services platform will lead to efficient and safe on-highway solutions in the medium term and accelerate Volvo’s hub-to-hub applications offer in North America as per Volvo Autonomous Solutions President Nils Jaeger.
  • Price action: VOLVF shares traded lower by 1.38% at $25.43 on the last check Tuesday.
Posted In: NewsTechMediaautonomous vehicles
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