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Aurora Raises Another $483 Million for Driverless Trucks

Aurora Raises Another $483 Million for Driverless Trucks

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Aurora Raises Another $483 Million for Driverless Trucks

Aurora Innovation, a company developing autonomous truck technology, is targeting the large-scale deployment of its driverless trucks by 2028. The company has secured $483 million in new funding to support this objective. Aurora plans to launch commercially by year-end. The company has three key pillars to realize these goals: transportation agreements with existing customers, production-ready platforms developed with Volvo and Peterbilt, and a technology manufacturing agreement with Continental in 2027.

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Key Points:
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  1. Aurora Innovation plans to deploy driverless trucks at scale by 2028.

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  2. The company has secured $483 million in new funding.

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  3. Commercial launch will take place by year-end.

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  4. The company has an existing customer base and production-ready platforms.

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  5. A manufacturing agreement with Continental was signed for 2027.

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News Link: https://www.thescxchange.com/articles/10677-aurora-raises-another-483-million-for-driverless-trucks

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