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Daimler Trucks to acquire majority stake in Torc Robotics; SAE Level 4 trucks for US roads

Green Car Congress

Daimler Trucks and Torc Robotics, a pioneer in autonomous driving solutions, are joining forces to commercialize highly automated trucks (SAE Level 4) on US roads. Going beyond an OEM/supplier relationship, the companies signed an agreement for Daimler AG’s subsidiary Daimler Trucks and Buses Holding Inc.,

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Daimler Trucks to invest €500M in highly automated trucks; stepping away from platooning, shooting for L4 automation

Green Car Congress

At the Consumer Electronics Show (CES) in Las Vegas, Daimler Trucks announced that it will invest €500 million (around US$570 million) over the next years and create more than 200 new jobs in its global push to bring highly automated trucks (SAE level 4) to the road within a decade. Earlier post.)

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US government to lend Lithium Americas USD 2.26 bn for Nevada’s Thacker Pass mine – ET Auto

Baua Electric

The loan, announced by the company on Thursday, is a key part of U.S. Initial construction at the site, just south of Nevada’s border with Oregon, started in March 2023 after the company won a long-running and complex court case against conservationists, ranchers and Indigenous communities. to close Thursday at USD 5.99.

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