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Driverless Trucks

2 GoKawiil briefs on this topic

Aurora CFO defends target of 30,000 driverless trucks by 2030

Aurora executives told investors it expects to scale from about 200 driverless trucks by the end of 2026 to over 30,000 by 2030, generating $5 billion in annual revenue. CFO David Maday said the figure is modest relative to the 250,000-300,000 new trucks produced annually by major manufacturers. Despite the projections, Aurora's stock fell over 12% following its September 23 investor day and has continued declining.

Gatik lands $200M round after PepsiCo autonomous trucking deal

Autonomous box-truck startup Gatik has raised $200 million, its largest round yet, led by Qatar Investment Authority and Koch Disruptive Technologies with backing from Millennium Management, ARK Invest, and Intact Private Capital. The raise comes two months after Gatik signed a multi-year commercial agreement with PepsiCo, bringing its total funding since 2019 to roughly $500 million. The company did not disclose its current valuation.