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Aeva Expands Collaboration With Daimler Truck Unit for Development of Autonomous Truck Technology
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Aeva Expands Collaboration With Daimler Truck Unit for Development of Autonomous Truck Technology
Jan 2, 2025 5:31 AM

08:05 AM EST, 01/02/2025 (MT Newswires) -- Aeva Technologies ( AEVA/WS ) said Thursday it is expanding its collaboration with Daimler Truck unit Torc to advance the development of a new safety architecture for autonomous truck technology.

The companies will work together on the development of Torc's Virtual Driver vehicle software, as well as share use of a Freightliner Cascadia platform and 4D LiDAR sensing data, Aeva ( AEVA/WS ) said.

The collaboration builds on a production agreement signed last year, with Daimler Truck selecting Aeva ( AEVA/WS ) as its supplier for long and ultra-long range LiDAR sensors, the company said, adding that the agreement is targeting sales of Daimler autonomous trucks by 2027.

Aeva ( AEVA/WS ) shares were 2.7% higher in premarket trading.

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