Daimler Trucks buys a majority stake in self-driving tech company Torc Robotics

Anthony Ha
Daimler Trucks buys a majority stake in self-driving tech company Torc Robotics

Daimler Trucks just announced that it's acquiring a majority stake in Torc Robotics, a deal that will see the two companies collaborating on the development of Level 4 self-driving trucks. Daimler Trucks is the world's largest truck manufacturer and a division of the larger Daimler Group. Torc, meanwhile, was founded in 2005.