Torc and Aeva Strengthen Collaboration to Accelerate the Development of Autonomous Truck Technology
Aeva (NYSE: AEVA) and Torc, a Daimler Truck subsidiary, have expanded their collaboration to enhance autonomous truck technology development. The partnership focuses on advancing a new safety architecture for truck applications, enabling more intelligent decision-making in autonomous vehicles.
The expanded collaboration includes sharing of 4D LiDAR sensing data and a Freightliner Cascadia vehicle platform for long-range sensing applications. This builds upon their previous production agreement where Daimler Truck selected Aeva as their supplier of long and ultra-long range LiDAR for autonomous commercial vehicles.
The multi-year production agreement targets the commercialization of Daimler Truck autonomous trucks by 2027. The collaboration will involve joint work between global engineering teams from both companies, utilizing data captured from Aeva sensors on North America's leading trucking platform.
Aeva (NYSE: AEVA) e Torc, una sussidiaria di Daimler Truck, hanno ampliato la loro collaborazione per migliorare lo sviluppo della tecnologia dei camion autonomi. Il partenariato si concentra sul progresso di una nuova architettura di sicurezza per le applicazioni dei camion, che consente decisioni più intelligenti nei veicoli autonomi.
L'ampliamento della collaborazione include la condivisione di dati di rilevamento 4D LiDAR e una piattaforma veicolare Freightliner Cascadia per applicazioni di rilevamento a lungo raggio. Questo si basa sul loro precedente accordo di produzione in cui Daimler Truck ha selezionato Aeva come fornitore di LiDAR a lungo e ultra-lungo raggio per veicoli commerciali autonomi.
L'accordo di produzione pluriennale punta alla commercializzazione dei camion autonomi di Daimler Truck entro il 2027. La collaborazione coinvolgerà un lavoro congiunto tra i team di ingegneria globali di entrambe le aziende, utilizzando i dati raccolti dai sensori Aeva sulla principale piattaforma di autotrasporto del Nord America.
Aeva (NYSE: AEVA) y Torc, una subsidiaria de Daimler Truck, han ampliado su colaboración para mejorar el desarrollo de la tecnología de camiones autónomos. La asociación se centra en avanzar en una nueva arquitectura de seguridad para aplicaciones de camiones, lo que permite una toma de decisiones más inteligente en vehicles autónomos.
La colaboración ampliada incluye el intercambio de datos de detección 4D LiDAR y una plataforma de vehículo Freightliner Cascadia para aplicaciones de detección a largo alcance. Esto se basa en su acuerdo de producción anterior en el que Daimler Truck eligió a Aeva como su proveedor de LiDAR de largo y ultra largo alcance para vehicles comerciales autónomos.
El acuerdo de producción a varios años tiene como objetivo la comercialización de camiones autónomos de Daimler Truck para 2027. La colaboración implicará un trabajo conjunto entre los equipos de ingeniería global de ambas empresas, utilizando datos capturados de los sensores de Aeva en la principal plataforma de transporte por carretera de América del Norte.
Aeva (NYSE: AEVA)와 Torc (다임러 트럭의 자회사)는 자율 트럭 기술 개발을 향상시키기 위한 협력을 확대했습니다. 이 파트너십은 자율 차량의 보다 지능적인 의사 결정을 가능하게 하는 트럭용 애플리케이션을 위한 새로운 안전 아키텍처를 발전시키는 데 중점을 두고 있습니다.
확대된 협력에는 4D LiDAR 센싱 데이터의 공유와 장거리 센싱 응용 프로그램을 위한 Freightliner Cascadia 차량 플랫폼이 포함됩니다. 이는 다임러 트럭이 자율 상용 차량을 위한 장거리 및 초장거리 LiDAR 공급업체로 Aeva를 선택한 이전 생산 계약을 기반으로 합니다.
이번 다년간 생산 계약은 2027년까지 다임러 트럭 자율 트럭의 상용화를 목표로 하고 있습니다. 이 협력은 두 회사의 글로벌 엔지니어링 팀 간의 공동 작업을 포함할 것이며, 북미의 주요 트럭 운송 플랫폼에서 Aeva 센서로 포착된 데이터를 활용할 것입니다.
Aeva (NYSE: AEVA) et Torc, une filiale de Daimler Truck, ont élargi leur collaboration pour améliorer le développement de la technologie des camions autonomes. Ce partenariat se concentre sur l'avancement d'une nouvelle architecture de sécurité pour les applications de camions, permettant une prise de décision plus intelligente dans les véhicules autonomes.
La collaboration élargie comprend le partage de données de détection 4D LiDAR et une plateforme de véhicule Freightliner Cascadia pour des applications de détection à longue portée. Cela repose sur leur précédent accord de production où Daimler Truck a sélectionné Aeva comme fournisseur de LiDAR à longue et ultra-longue distance pour des véhicules commerciaux autonomes.
L'accord de production pluriannuel vise à commercialiser les camions autonomes de Daimler Truck d'ici 2027. La collaboration impliquera un travail conjoint entre les équipes d'ingénierie mondiales des deux entreprises, utilisant des données collectées à partir des capteurs Aeva sur la principale plateforme de transport routier en Amérique du Nord.
Aeva (NYSE: AEVA) und Torc, eine Tochtergesellschaft von Daimler Truck, haben ihre Zusammenarbeit zur Verbesserung der Entwicklung autonomer Lkw-Technologien ausgeweitet. Der Fokus der Partnerschaft liegt auf der Weiterentwicklung einer neuen Sicherheitsarchitektur für Lkw-Anwendungen, die intelligentere Entscheidungsfindung in autonomen Fahrzeugen ermöglicht.
Die erweiterte Zusammenarbeit umfasst den Austausch von 4D LiDAR-Sensordaten und einer Freightliner Cascadia-Fahrzeugplattform für Anwendungen zur Langstreckensensierung. Dies basiert auf ihrem vorherigen Produktionsvertrag, in dem Daimler Truck Aeva als Lieferanten für lange und ultra-lange LiDAR-Systeme für autonome Nutzfahrzeuge auswählte.
Der mehrjährige Produktionsvertrag zielt auf die Kommerzialisierung autonomer Lkw von Daimler Truck bis 2027 ab. Die Zusammenarbeit wird gemeinsame Arbeiten zwischen den globalen Ingenieurteams beider Unternehmen umfassen, die Daten nutzen, die von Aeva-Sensoren auf der führenden Lkw-Plattform Nordamerikas erfasst wurden.
- Multi-year production agreement secured with Daimler Truck for LiDAR technology
- Expanded partnership with major automotive manufacturer strengthens market position
- Clear commercialization timeline set for 2027
- Long timeline to revenue generation (2027 target)
- Heavy dependence on single customer (Daimler Truck) for commercial success
Insights
The expanded collaboration between Aeva and Torc marks a strategic advancement in autonomous trucking technology, particularly significant given Torc's position as a Daimler Truck subsidiary. The integration of Aeva's 4D LiDAR technology with Torc's Virtual Driver software represents a critical development phase leading to their
The data-sharing arrangement utilizing the Freightliner Cascadia platform is particularly valuable for validating long-range sensing capabilities - a important factor for commercial trucking applications. This real-world testing environment will accelerate the development cycle and potentially reduce time-to-market. The collaboration's focus on safety architecture development addresses a key market concern, as autonomous trucking requires exceptionally reliable sensing systems for highway operations.
From a market perspective, this strengthened partnership solidifies Aeva's position in the commercial vehicle segment, particularly valuable given Daimler Truck's market leadership in North America. The 2027 commercialization target provides a clear timeline for potential revenue generation from this partnership.
This expanded collaboration carries substantial market implications for Aeva, particularly considering the addressable market for autonomous trucking technology. The partnership with Daimler Truck, through Torc, provides Aeva with access to the largest commercial vehicle manufacturer in North America, representing a significant revenue opportunity in the autonomous trucking sector.
The development focus on L4 autonomy positions this collaboration at the forefront of commercial vehicle automation. For context, L4 autonomous vehicles can operate without human intervention in most conditions, representing a massive potential market for long-haul trucking applications where driver shortages and safety concerns are persistent issues.
The agreement's timing is strategic, as the autonomous trucking market is projected to see substantial growth in the coming years. Having a committed production agreement with a major OEM like Daimler Truck significantly de-risks Aeva's market position and provides a clear path to commercialization.
Newly Expanded Collaboration on Sensing Data and Sharing of a Freightliner Cascadia Vehicle Platform to Strengthen Safety and Reliability of Autonomous Trucks
(Photo: Torc Robotics)
Under the expanded collaboration, Torc and Aeva will work together on technology advancements in service of L4 autonomous trucking to benefit the development of Torc’s Virtual Driver vehicle software. The companies will share 4D LiDAR sensing data and share a Freightliner Cascadia vehicle platform for use in long-range sensing applications. The data captured will support deeper collaboration between global engineering teams at both companies.
“Aeva is pioneering the next generation of 4D LiDAR technology and we’re excited to enter a new phase of our collaboration to continue to position us as industry leaders in autonomous driving technology for production deployment at scale,” commented Peter Vaughan Schmidt, Torc CEO.
The collaboration builds on the production agreement signed last year when Daimler Truck selected Aeva as its supplier of long and ultra-long range LiDAR for its series production autonomous commercial vehicle program. The multi-year production agreement is targeting commercializing Daimler Truck autonomous trucks by 2027.
“Torc Robotics is a leader in commercializing autonomous truck technology and this expansion of our collaboration is a testament to the capabilities of our talented team and the strength of our production partnership with Torc and Daimler Truck,” said Soroush Salehian, Co-Founder and CEO at Aeva. “Now our global teams will work even closer together with joint sharing of sensing data from Aeva sensors on North America’s top trucking platform. We look forward to advancing our multi-year production collaboration to commercialize safe autonomous trucks on the road.”
About Torc Robotics
Torc Robotics, headquartered in
About Aeva Technologies, Inc. (NYSE: AEVA)
Aeva’s mission is to bring the next wave of perception to a broad range of applications from automated driving to industrial robotics, consumer electronics, consumer health, security and beyond. Aeva is transforming autonomy with its groundbreaking sensing and perception technology that integrates all key LiDAR components onto a silicon photonics chip in a compact module. Aeva 4D LiDAR sensors uniquely detect instant velocity in addition to 3D position, allowing autonomous devices like vehicles and robots to make more intelligent and safe decisions. For more information, visit www.aeva.com, or connect with us on X or LinkedIn.
Aeva, the Aeva logo, Aeva 4D LiDAR, Aeries, Aeva Ultra Resolution, 4D Perception, and 4D Localization are trademarks/registered trademarks of Aeva, Inc. All rights reserved. Third-party trademarks are the property of their respective owners.
Forward-looking statements
This press release contains certain forward-looking statements within the meaning of the federal securities laws. Forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. These forward-looking statements include, but are not limited to expectations about our product features, performance and our relationship with Torc and Daimler Truck. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including, but not limited to: (i) the fact that Aeva is an early stage company with a history of operating losses and may never achieve profitability, (ii) Aeva’s limited operating history, (iii) the ability to implement business plans, forecasts, and other expectations and to identify and realize additional opportunities, (iv) the ability for Aeva to have its products selected for inclusion in OEM products, (v) the fact that Aeva is operating in an emerging market and there can be no assurance that LiDAR sensors will achieve commercial success in sufficient volume in the automotive or other markets (vi) ability to commercialize and market acceptance of autonomous vehicles, (vii) whether the OEMs continue pursuing their autonomous vehicle programs, and (viii) other material risks and other important factors that could affect our financial results. Please refer to our filings with the SEC, including our most recent Form 10-Q and Form 10-K. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Aeva assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Aeva does not give any assurance that it will achieve its expectations.
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Media:
Michael Oldenburg
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Investors:
Andrew Fung
investors@aeva.ai
Source: Aeva
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