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Continental, Aurora to jointly develop self-driving systems for trucks

Published : 2 years ago, on

Continental, Aurora to jointly develop self-driving systems for trucks

(Reuters) -German automotive parts company Continental AG and U.S.-based self-driving technology firm Aurora Innovation will join forces to design and develop autonomous driving systems for trucks, the two companies said on Thursday.

Investors and industry executives have been concerned about heavy investments going into self-driving technology and the protracted timelines to develop it.

Aurora Innovation already has partnerships with PACCAR Inc and Volvo to develop and test Aurora Driver, its self-driving system, on their trucks.

This system will be launched next year, for commercial fleet operators and freight carriers across the United States, and come with a subscription service called Aurora Horizon, the companies said.

Continental will only start providing the hardware for all future iterations of Aurora Driver, with production expected to start in 2027, the companies added.

They expect Aurora Driver to reduce the cost of adopting autonomous driving technology.

(Reporting by Akash Sriram in Bengaluru; Editing by Maju Samuel and Savio D’Souza)

Wanda Rich has been the Editor-in-Chief of Global Banking & Finance Review since 2011, playing a pivotal role in shaping the publication's content and direction. Under her leadership, the magazine has expanded its global reach and established itself as a trusted source of information and analysis across various financial sectors. She is known for conducting exclusive interviews with industry leaders and oversees the Global Banking & Finance Awards, which recognize innovation and leadership in finance. In addition to Global Banking & Finance Review, Wanda also serves as editor for numerous other platforms, including Asset Digest, Biz Dispatch, Blockchain Tribune, Business Express, Brands Journal, Companies Digest, Economy Standard, Entrepreneur Tribune, Finance Digest, Fintech Herald, Global Islamic Finance Magazine, International Releases, Online World News, Luxury Adviser, Palmbay Herald, Startup Observer, Technology Dispatch, Trading Herald, and Wealth Tribune.

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