Autonomous Trucks
Uber Technologies, already a major holder of Aurora shares, added $1 million to its stake in the private placement and 24.66 million shares at $3 each — worth about $74 million — in Aurora’s $220 million public offering of 73.3 million shares. The Wednesday announcement — “buying” the prospects for autonomous ride hailing and “selling” on autonomous trucking — strove to avoid alienating strategic partner Daimler Truck North America. It will support regulatory frameworks and proposed legislation that would allow Waymo to resume autonomous trucking — someday. (Photo: Ample)44 million autonomous miles — and countingThe Autonomous Vehicle Industry Association (AVIA) did the math after surveying its members. Next week’s scheduled guest is Jeff Farrah, executive director of the Autonomous Vehicle Industry Association, which is fighting to stop a ban on autonomous trucking in California.