Aurora Innovation delays commercialization of autonomous trucks until 2025
- Aurora will begin commercializing them in the spring of 2025
- That's about a quarter of the original timeline
- Aurora originally planned to launch by the end of this year
- The launch was delayed to continue testing the technology
- At launch, Aurora will enter the market as a carrier
- The ultimate goal will be to implement a driver-as-a-service model
- Aurora delivers loads without operator assistance 80% of the time
- The goal is to reach 90% before launching in the spring
- At commercial launch, Aurora will use 10 trucks
- By the end of 2025, that number will be several dozen
- Aurora plans to move 160 commercial loads/week
- As of October 27, it had 8,200 loads and 2.2 million commercial miles
- So far, there has always been a person behind the wheel of the truck
- Aurora's operating expenses for the quarter totaled $196 million
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