Latest news with #FreightlinerCascadia
Business Wire
12 hours ago
- Automotive
- Business Wire
Aeva to Accelerate Scaled Production of 4D LiDAR for Autonomous Trucks in Collaboration with Daimler Truck North America
MOUNTAIN VIEW, Calif. & PORTLAND, Ore.--(BUSINESS WIRE)--Aeva® (Nasdaq: AEVA), a leader in next-generation sensing and perception systems, today announced an expanded partnership with Daimler Truck North America (DTNA) to advance the commercialization of autonomous vehicles through enhanced production of Aeva's state-of-the-art 4D LiDAR technology. As part of the strengthened collaboration, DTNA is providing additional non-recurring funding to further support Aeva's development as the company advances to series production. In response to the growing demand for Aeva's 4D LiDAR, Aeva plans to increase its production capacity to up to 200,000 LiDAR units annually, with the goal of supporting multiple customers including Daimler Truck for production of advanced sensing in autonomous vehicle applications. This expanded partnership builds on the selection of Aeva as the production LiDAR supplier for Torc Robotics, an independent subsidiary of Daimler Truck AG, and its SAE Level 4 autonomous Freightliner Cascadia trucks. Marking a major milestone, the first autonomous-ready Cascadia trucks equipped with Aeva's 4D LiDAR sensors are now operating on public roads in Texas, further advancing Daimler Truck's vision for safe and scalable autonomous transport. 'We are proud to deepen our relationship with Daimler Truck North America and support their leadership in bringing safe autonomous trucks to market,' said Soroush Salehian, Co-Founder and CEO at Aeva. 'This investment enables us to accelerate delivering high-performance sensing capabilities critical for autonomous freight at commercial scale, as we increase the production capacity of our 4D LiDAR in North America.' 'Our collaboration with Aeva continues to strengthen as we move closer to series production, and we are happy to expand our partnership and continue supporting Aeva as they ramp up toward their start of production,' said Joanna Buttler, General Manager of Product Strategy and Market Development at Daimler Truck North America. 'The performance, reliability, and scalability of Aeva's 4D LiDAR technology will make it a key component of our strategy to deploy safe, reliable, and efficient autonomous trucks.' LiDAR is a key enabling technology in autonomous driving. While traditional LiDAR sensors use high power laser pulses to sense distances to objects, Aeva's unique Frequency Modulated Continuous Wave (FMCW) 4D LiDAR technology uses a low power continuous laser beam to simultaneously measure range and velocity with high resolution at long ranges up to 500 meters. This enables vehicles to unlock new levels of safety and automation at highway speeds. This announcement marks another step forward in Aeva's mission to deliver next-generation perception for autonomous mobility, and in Daimler Truck's commitment to transforming the future of freight transportation through automation. About Daimler Truck North America Daimler Truck North America LLC, headquartered in Portland, Oregon, is a leading provider of comprehensive products, services and technologies for the commercial transportation industry. Daimler Truck North America designs, engineers, manufactures and markets medium- and heavy-duty trucks, school buses, vehicle chassis and their associated technologies and components under the Freightliner, Western Star, Thomas Built Buses, Freightliner Custom Chassis Corp and Detroit brands. Daimler Truck North America is a subsidiary of Daimler Truck Holding AG (DTG), one of the world's leading commercial vehicle manufacturers. About Aeva Technologies, Inc. (Nasdaq: 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 or connect with us on X or LinkedIn. Aeva, the Aeva logo, Aeva 4D LiDAR, Aeva Atlas, Aeries, Aeva Eve, Aeva Ultra Resolution, Aeva CoreVision, and Aeva X1 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 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 other OEM products, (v) the fact that products using Aeva's technology may never achieve commercial production; (vi) unforeseen delays or manufacturing or other issues, (vii) the impact of global tariffs or other global economic or political conditions 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.
Yahoo
06-06-2025
- Business
- Yahoo
Illinois carrier files for Chapter 11 bankruptcy
This story was originally published on Trucking Dive. To receive daily news and insights, subscribe to our free daily Trucking Dive newsletter. AZA Transportation, a Chicagoland-area trucking company, filed for Chapter 11 bankruptcy protection with the U.S. Bankruptcy Court for the Northern District of Illinois last month, according to court filings. The carrier, which reported having 70 power units as of October, will have the opportunity to reorganize its finances while paying down its debts in order to stay in business through Chapter 11 of the U.S. bankruptcy code. AZA Transportation, owned by President Azamat Sadyrbaev, has $826,458 in liabilities and $403,432 in personal property assets. Among AZA Transportation's 20 largest creditors is Keystone Equipment Finance, a Connecticut-based firm that offers financing for small- to mid-sized transportation companies to purchase new and used equipment. The firm is owed $82,905 in unsecured claims for loans used to purchase one Freightliner Cascadia and two Volvo trucks. Additionally, Transportation Alliance Bank has two unsecured claims against the carrier totaling $67,055 for another Freightliner Cascadia as well as two trailers. AZA Transportation also owes $24,500 to the U.S. Small Business Administration for an Economic Injury Disaster Loan. While that loan is just a piece of the company's overall debts, it's worth noting that the SBA ended its hardship accommodation plan for EIDL borrowers earlier this year. AZA Transportation is the latest in a string of trucking companies conceding to the ongoing pressures of a contracted freight market and tariff challenges. In April, Davis Express shut down operations after 44 years, and earlier this year, vehicle carrier Jack Cooper called it quits after losing automaker contracts. 'Tariffs on America's trade partners have the potential to inhibit the recovery from a freight recession that has been acutely felt by America's small-business truckers, but it is too early to make predictions on specific downstream economic effects,' an Owner-Operator Independent Drivers Association spokesperson told Trucking Dive in April. Recommended Reading Davis Express to shut down, cites challenging freight market Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
30-05-2025
- Automotive
- Yahoo
Torc Robotics opens first autonomous hub in Texas
This story was originally published on Trucking Dive. To receive daily news and insights, subscribe to our free daily Trucking Dive newsletter. Torc Robotics is preparing its self-driving trucks to haul commercial freight along Interstate 35 with the opening of its first autonomous trucking hub in Fort Worth, Texas, according to a May 15 press release. The hub will serve as an operational base for the company's autonomous efforts, and includes a customer experience center, offices and control centers for fleet management and operations. 'This hub represents more than just logistics,' said Torc CCO Andrew Culhane. 'It represents years of relentless planning and prioritization, input from industry experts, and the dedication and tireless effort of Torc's teams.' Ahead of its expected 2027 U.S. market launch, Torc plans to test autonomous trucks on a new lane on Interstate 35, a major freight route between Laredo, Texas, and Dallas-Fort Worth. In a previous statement, Torc CEO Peter Vaughan Schmidt said establishing a presence in the Dallas-Fort Worth area was a critical milestone for the independent Daimler Truck subsidiary. 'As we work toward commercialization, the new hub will give us access to talent, resources and routes that we didn't previously have, and we're excited about the growth opportunities ahead,' Schmidt said. The hub features 22,000 square feet of office space on an 18-acre site within AllianceTexas, a 27,000-acre development in North Texas. At the heart of the hub is Torc's 'Mission Management' room, which tracks the lifecycle of each autonomous journey — from pre-trip checklist to arrival transmissions — on a theater-sized screen. The release did not include specifics about how many employees will be working at the new facility, but Torc disclosed in November that it planned to shift many of its resources from Albuquerque, which was an original testing location, to Dallas to support its future commercialization efforts. The company also expected to hire more than 100 people in Dallas in 2025. Torc anticipates that the move to the new hub will create a 'more bustling, even more energetic' commercialization space that will eventually transition to a 24-hour facility, according to the release. Torc isn't the only AV company making inroads in the Lone Star State. In May, competitor Aurora launched a regular, heavy-duty driverless trucking service between Houston and Dallas. Meanwhile, Daimler Truck North America recently delivered the autonomous-ready version of its fifth-generation Freightliner Cascadia to Torc. Citing over 1,500 engineering requirements, Daimler says the latest generation sets an industry standard for autonomous system integration. 'Fully integrating Torc's autonomous driver with Daimler Truck's Freightliner Cascadia platform creates an industry-first, scalable, physical-AI autonomous trucking solution,' Schmidt said in an April statement Recommended Reading Torc Robotics expects to remove truck drivers on public roads by 2027 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
07-05-2025
- Yahoo
Homer woman identified as fatal crash victim on Highway 518
MINDEN, La. (KTAL/KMSS) – Louisiana State Police are investigating a crash on U.S. Highway 79 that killed a Homer woman. Troopers with LSP Troop G said the crash happened on May 6, 2025, around 7:50 p.m. on U.S. Highway 79 north of Louisiana Highway 518 and fatally injured 55-year-old Cecilia Marston of Homer. Marston was driving a 2017 Nissan Versa northbound on Highway 79. Simultaneously, a 2015 Freightliner Cascadia was traveling southbound on Highway 79. For unknown reasons, Marston's Nissan crossed the centerline, colliding with the Freightliner. 1 killed in single vehicle crash on LA Highway 3132 According to LSP, Marston was restrained correctly. However, she suffered severe injuries and was pronounced dead at a hospital where she was transported for treatment. The driver of the Freightliner was also restrained and was not injured in the crash. Investigators do not suspect that Marston was impaired; however, toxicology samples were collected and submitted for analysis. LSP continues to investigate the crash. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. For the latest news, weather, sports, and streaming video, head to
Yahoo
03-05-2025
- Yahoo
Two surveyors from Volusia County struck and killed by hit-and-run semi on I-95 in Brevard
Two surveyors from Volusia County were killed Friday in a hit-and-run crash when they were struck by a semi-truck as they walked along the shoulder of Interstate 95 in Brevard County, according to the Florida Highway Patrol. A 22-year-old Enterprise man and a 41-year-old Deltona man died in the crash, which happened about 9:50 a.m. at mile marker 172 southbound on Interstate 95, the FHP stated. The semi's driver, Hassan Abdirahman Sheikh Ali, 36, of Charlotte, North Carolina, was arrested and charged with two counts of hit and run involving death. The men were walking along the right grassy shoulder when they were hit by the southbound 2021 Freightliner Cascadia driven by Sheikh Ali. The semi struck a Dodge pickup parked on the shoulder before killing the two men. They were pronounced dead at the scene. Sheik Ali fled the scene. A passenger in the pickup was not injured and remained at the scene, the FHP stated. Troopers caught up with the semi southbound on Interstate 95 in Palm Beach County at mile marker 45. This article originally appeared on The Daytona Beach News-Journal: 2 Volusia men killed when struck by hit-and-run semi on 95, FHP says
