Swedish truckmaker AB Volvo's first commercial autonomous truck deal shows ...
STOCKHOLM - Swedish truckmaker AB Volvo’s first commercial autonomous truck deal shows how it is bundling services to generate revenue from a technology that is years away from wide deployment.
But regulatory, technological and infrastructure roadblocks stand in the way of deploying fully autonomous vehicles on public roads and the journey is proving long and costly. The truck maker said last month that its first commercial autonomous transport package will involve seven trucks transporting limestone for Norway’s Broennoey Kalk AS from a mine to a nearby port starting this winter.
“We see autonomous as more of a complement to today’s business and limited to dedicated specific applications where it really makes sense,” Cuklev said. Nvidia-backed startup TuSimple said in May that it would deploy its self-driving trucks to haul mail between U.S. Postal Service facilities in Phoenix and Dallas in the southwestern United States.
Automakers’ investment in autonomous transportation comes as traditional sales are dented by the economic uncertainty caused by the U.S.-China trade war, with analysts worried that truck cycles might have peaked and margins might fall.
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