Daimler Trucks has agreed to acquire a majority stake in autonomous vehicle pioneer Torc Robotics and will join forces with the technology firm to develop highly automated trucks for the U.S. market.
Financial terms were not disclosed.
The truck manufacturer said the deal will bolster its efforts to commercialize trucks capable of Level 4 self-driving, in which the vehicle can travel down the road without any driver input or backup assistance, at least within specific areas and conditions.
