Daimler buys Torc Robotics stake for self-driving trucks

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Daimler buys Torc Robotics stake for self-driving trucks
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Daimler Trucks has agreed to buy a majority stake in self-driving truck software...

FRANKFURT - Daimler Trucks has agreed to buy a majority stake in self-driving truck software maker Torc Robotics as part of a broader push to develop autonomous vehicles.

“You cannot have enough expertise in this area. Our Achilles’ heel is the ability to quickly develop software,” Daum said.Torc Robotics has partnerships to develop self-driving technology with Caterpillar with mining and agricultural applications, and competed in the DARPA self-driving vehicles challenge 12 years ago.

Daimler currently offers a level 2 automation system on its trucks, which can automatically brake, accelerate and steer using radar and camera systems that make partially automated driving possible.

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