Heavy-truck manufacturers must balance investments in autonomous vehicle integration with their existing production, fuel-economy requirements and customer needs, he said.
Maday said AUMOVIO is co-developing, engineering, manufacturing, financing, servicing and maintaining Aurora Driver hardware kits.
Rather than being paid upfront for the hardware, AUMOVIO would receive cents per mile as Aurora's trucks operate.
About Aurora Innovation (NASDAQ:AUR) Aurora Innovation, Inc develops autonomous vehicle technology designed to transport people and goods without human drivers.
The article "Aurora Innovation Targets $5B Revenue as Driverless Truck Fleet Scales" was originally published by MarketBeat.