Otto self driving trucks News

Uber Revs Up Freight Business After Closing Self-Driving Truck Unit

Uber Technologies Inc. is creating a standalone business out of its long-haul trucking business, with plans to double its investment in the unit to drive growth ahead of a much-anticipated initial public offering. Uber said on Tuesday its separate freight …

Uber Halts Driverless Truck Manufacturing to Focus on Cars

Uber will stop developing self-driving trucks that have been hauling cargo on U.S. highways, the ride-hailing company said on Monday, seeking to focus its autonomous-vehicle technology solely on cars. Through its acquisition of Otto in 2016, Uber had sought to …

Uber Moves Into Self-Driving Truck Lane with Otto Acquisition

Ride service Uber Technologies Inc. said on Thursday it has acquired the self-driving trucks startup Otto, and it also announced that Volvo Car Group has agreed to a $300 million alliance to develop self-driving cars. Anthony Levandowski, one of Otto’s …

Start-Up Otto in Fast Lane to Test Self-Driving Trucking by Year’s End

Self-driving trucking start-up Otto is poised to put its software in the hands of long-haul truckers by the end of this year for testing, its co-founders said on Thursday. Otto, co-founded by Google car and map project veterans Anthony Levandowski …