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DAIMLER TRUCK AND TORC BEGIN

#DAIMLER #TRUCK #TORC

Blacksburg, Va./Portland, Ore./Stuttgart, Germany, Oct. 06, 2022 (GLOBE NEWSWIRE) — Torc Robotics and Daimler Truck AG enter their fourth year of partnership, with a focus on customers, industry collaboration, and commercializing Level 4 autonomous trucks in the U.S. for long-haul applications. The powerhouse team continues to develop safe, sustained innovation in the freight industry as they combine Daimler Truck’s extensive experience in manufacturing and relationships in the freight industry with Torc’s experience in developing autonomous vehicle solutions.

Since Daimler Truck’s majority share investment in Torc in 2019, the two have worked hand-in-hand to be the first to commercialize a profitable autonomous truck solution at scale. Torc continues to operate as an independent subsidiary and serves as the lead for autonomous driving system development, innovation, and fleet testing.

“Bringing a safe Level 4 autonomous truck to market is by no means a simple task. Over the past three years, we have benefited from the strong collaboration with Daimler Truck, bringing us significantly closer to our goal of developing a highly optimized self-driving truck that will meet the fleets’ needs for cost, safety, and performance. The teamwork shown has been outstanding so far and we’re entering our fourth year of partnership with a clear roadmap – focusing on one manufacturer and one initial use case in one geographic area,” said Peter Vaughan Schmidt, Torc CEO. 

MILESTONES

Facilities and Team Growth

This year, Torc launched two new facilities. The first one opened in January and is in Austin, Texas. It is a 21,000 square-foot engineering-focused product development center. Torc chose Austin due to the city’s unique culture, commitment to innovation, and talent pool is driving technology development and product growth.

In April, Torc opened a 30,000 square-foot technology center in Stuttgart, Germany. Torc Europe GmbH taps into the…

Read on GNW: DAIMLER TRUCK AND TORC BEGIN

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