Bulletin
Investor Alert

Oct. 27, 2020, 11:14 a.m. EDT

Google’s Waymo, Daimler team up to build self-driving trucks

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    Alphabet Inc. Cl A (GOOGL)
  • X
    Tesla Inc. (TSLA)
  • X
    Nikola Corp. (NKLA)

or Cancel Already have a watchlist? Log In

By Claudia Assis

Alphabet Inc.’s autonomous-driving unit Waymo and Daimler AG’s truck unit said Tuesday they are joining forces to develop fully self-driving long-haul trucks.

Waymo Driver, Waymo’s /zigman2/quotes/202490156/composite GOOGL +0.11% autonomous-driving system, will be configured to operate the Daimler Cascadia freightliner.

“Autonomous trucking is poised to improve road safety and offer greater efficiency across the logistics industry,” Waymo said in its blog.

The fully autonomous trucks will be available in the U.S. “in the coming years,” and other areas and brands will follow “in the near future,” Waymo said.

“We look forward to working with Daimler to achieve our common goal of improving road safety and efficiency for fleet customers,” it said.

Tesla Inc. /zigman2/quotes/203558040/composite TSLA +0.95% and Nikola Corp. /zigman2/quotes/208704275/composite NKLA -0.53% have plans to make their commercial trucks autonomous in the future.

Tesla said last week it plans to start delivering its all-electric long-haul truck, the Tesla Semi, next year.

/zigman2/quotes/202490156/composite
US : U.S.: Nasdaq
$ 1,823.76
+1.92 +0.11%
Volume: 1.03M
Dec. 4, 2020 4:00p
P/E Ratio
36.42
Dividend Yield
N/A
Market Cap
$1235.03 billion
Rev. per Employee
$1.36M
loading...
/zigman2/quotes/203558040/composite
US : U.S.: Nasdaq
$ 599.04
+5.66 +0.95%
Volume: 29.40M
Dec. 4, 2020 4:00p
P/E Ratio
1,197
Dividend Yield
N/A
Market Cap
$567.83 billion
Rev. per Employee
$511,871
loading...
/zigman2/quotes/208704275/composite
US : U.S.: Nasdaq
$ 18.88
-0.10 -0.53%
Volume: 12.58M
Dec. 4, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$7.25 billion
Rev. per Employee
N/A
loading...

Get news alerts on Alphabet Inc. Cl A — or create your own.
This Story has 0 Comments
Be the first to comment
More News In
Industries

Story Conversation

Commenting FAQs »
Link to MarketWatch's Slice.