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Daimler Trucks and Torc partner with Luminar to enable automated trucking; Daimler Trucks acquires minority stake in Luminar

Green Car Congress

This constrained application of autonomy enables the technology to be commercially deployed in series production on nearer term time frames compared to urban autonomous driving development. Founded in 2012, Luminar is a 350-person team with offices in Palo Alto, Orlando, Colorado Springs, Detroit, and Munich.

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Obama Administration launches series of actions to accelerate EV adoption; inc. $4.5B in loan guarantees, pursuing 350 kW fast charge

Green Car Congress

Loan guarantees can be an important tool to commercialize innovative technologies because these projects may be unable to obtain full commercial financing due to the perceived risks associated with technology that has never been deployed at commercial scale in the United States. Expanding the EV fleet.

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