Torc and Aeva Strengthen Collaboration to Accelerate the Development of Autonomous Truck Technology

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Torc and Aeva Strengthen Collaboration to Accelerate the Development of Autonomous Truck Technology

2025-01-02 20:00 Last Updated At：20:10

BLACKSBURG, Va. & MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Jan 2, 2025--

Aeva ® (NYSE: AEVA), a leader in next-generation sensing and perception systems, and Torc, an independent subsidiary of Daimler Truck and a pioneer in commercializing self-driving vehicle technology, today announced an expansion of their collaboration to advance the development of a new safety architecture for truck applications – enabling autonomous trucks to make safer, more intelligent decisions.

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Under the expanded collaboration, Torc and Aeva will work together on technology advancements in service of L4 autonomous trucking to benefit the development of Torc’s Virtual Driver vehicle software. The companies will share 4D LiDAR sensing data and share a Freightliner Cascadia vehicle platform for use in long-range sensing applications. The data captured will support deeper collaboration between global engineering teams at both companies.

“Aeva is pioneering the next generation of 4D LiDAR technology and we’re excited to enter a new phase of our collaboration to continue to position us as industry leaders in autonomous driving technology for production deployment at scale,” commented Peter Vaughan Schmidt, Torc CEO.

The collaboration builds on the production agreement signed last year when Daimler Truck selected Aeva as its supplier of long and ultra-long range LiDAR for its series production autonomous commercial vehicle program. The multi-year production agreement is targeting commercializing Daimler Truck autonomous trucks by 2027.

“Torc Robotics is a leader in commercializing autonomous truck technology and this expansion of our collaboration is a testament to the capabilities of our talented team and the strength of our production partnership with Torc and Daimler Truck,” said Soroush Salehian, Co-Founder and CEO at Aeva. “Now our global teams will work even closer together with joint sharing of sensing data from Aeva sensors on North America’s top trucking platform. We look forward to advancing our multi-year production collaboration to commercialize safe autonomous trucks on the road.”

About Torc Robotics

Torc Robotics, headquartered in Blacksburg, Virginia, is an independent subsidiary of Daimler Truck AG, a global leader and pioneer in trucking. Founded in 2005 at the birth of the self-driving vehicle revolution, Torc has nearly 20 years of experience in pioneering safety-critical, self-driving applications. Torc offers a complete self-driving vehicle software and integration solution and is currently focusing on commercializing autonomous trucks for long-haul applications in the U.S. In addition to its Blacksburg headquarters and engineering offices in Austin, Texas, and Montreal, Canada, Torc has a fleet operations facility in the Dallas-Fort Worth area in Texas, to support the company’s productization and commercialization efforts, as well as a presence in Ann Arbor, MI, to take advantage of the autonomous and automotive talent base in that region. Torc’s purpose is driving the future of freight with autonomous technology. As the world’s leading autonomous trucking solution, we empower exceptional employees, deliver a focused, hub-to-hub autonomous truck product, and provide our customers with the safest, most reliable, and cost-efficient solution to the market.

About Aeva Technologies, Inc. (NYSE: 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 www.aeva.com, or connect with us on X or LinkedIn.

Aeva, the Aeva logo, Aeva 4D LiDAR, Aeries, Aeva Ultra Resolution, 4D Perception, and 4D Localization 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 Torc and 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 OEM products, (v) the fact that Aeva is operating in an emerging market and there can be no assurance that LiDAR sensors will achieve commercial success in sufficient volume in the automotive or other markets (vi) ability to commercialize and market acceptance of autonomous vehicles, (vii) whether the OEMs continue pursuing their autonomous vehicle programs, 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.

Jimmy Carter's state funeral has started. Here's what to know

2025-01-05 06:14 Last Updated At：06:20

ATLANTA (AP) — Six days of funeral observances for former President Jimmy Carter begin Saturday in Georgia, where he died on Dec. 29 at the age of 100.

The first events reflect Carter’s climb up the political ladder, from the tiny town of Plains, Georgia, to decades on the global stage as a humanitarian and advocate for democracy.

Here is what to know about the initial ceremonies and what happens next:

The proceedings, streamed on apnews.com and the Associated Press YouTube channel, began at 10:15 a.m. EST Saturday with the Carter family arriving at Phoebe Sumter Medical Center in Americus.

Former Secret Service agents who protected Carter served as pallbearers, walking alongside the hearse as it exited the campus on its way to Plains.

James Earl Carter Jr. lived more than 80 of his 100 years in and around the town, which still has fewer than 700 people, not much more than when he was born on Oct. 1, 1924. Some other modern presidents — Richard Nixon, Ronald Reagan and Bill Clinton — also grew up in small-town settings, but Carter stands out for returning and remaining in his birthplace for his long post-presidency.

The motorcade moved through downtown Plains, which spans just a few blocks, passing near the girlhood home of first lady Rosalynn Smith Carter, who died in November 2023 at the age of 96, and near where the couple operated the family peanut warehouses. The route also included the old train depot that served as Jimmy Carter's 1976 presidential campaign headquarters and the gas station once run by Carter's younger brother Billy.

The motorcade passed by the Methodist church where the Carters married in 1946, and the home where they lived and died. The former president will be buried there alongside Rosalynn.

The Carters built the one-story house, now surrounded by Secret Service fencing, before his first state Senate campaign in 1962 and lived out their lives there with the exception of four years in the Governor's Mansion and four more in the White House.

After going through Plains, the procession stopped in front of Carter's family farm and boyhood home in Archery, just outside the town, after passing the cemetery where the former president's parents, James Earl Carter Sr. and Lillian Carter, are buried.

The farm now is part of the Jimmy Carter National Historical Park. The National Park Service rang the old farm bell 39 times to honor the 39th president.

Carter was the first president born in a hospital. But the home had no electricity or running water when he was born, and he worked his father's land during the Great Depression. Still, the Carters had relative privilege and status. Earl employed Black tenant farming families. The elder Carter also owned a store in Plains and was a local civic and political leader. Lillian was a nurse and she delivered Rosalynn. The property still includes a tennis court Earl had built for the family.

It was Earl's death in 1953 that set Jimmy on course toward the Oval Office. The younger Carters had left Plains after he graduated from the U.S. Naval Academy. But Jimmy abandoned a promising career as a submarine officer and early participant in the Pentagon's nuclear program to take over the family's peanut business after his father's death. Within a decade, he was elected to the Georgia state Senate.

From Archery, the motorcade headed north to Atlanta. The military-run schedule called for stopping at 3 p.m. outside the Georgia Capitol, where Carter served as a state senator from 1963 to 1967 and governor from 1971 to 1975. Georgia Gov. Brian Kemp and Atlanta Mayor Andre Dickens were set to lead a moment of silence. While former governors are honored with state-run funerals, presidents — even if they served as governors — are memorialized with national rites run by the federal government.

The motorcade then is scheduled to arrive at the Carter Presidential Center at 3:45 p.m., with a private service at 4 p.m. The campus includes Carter’s presidential library and The Carter Center, established by the former president and first lady in 1982.

From 7 p.m. Saturday through 6 a.m. Monday, Carter will lie in repose for the public to pay respects around the clock.

The ceremony is expected to include some of The Carter Center's global staff of 3,000, whose work concentrating on international diplomacy and mediation, election monitoring and fighting disease in the developing world continues to set a standard for what former presidents can accomplish.

Jimmy Carter, who delivered its annual reports until 2019, won the 2002 Nobel Peace Prize in part for this post-presidential work. His grandson Jason Carter now chairs the board.

Carter's remains will travel next to Washington, where he will lie in state in the Capitol Rotunda until his funeral at 10 a.m. Thursday at the Washington National Cathedral. All the living presidents have been invited, and Joe Biden, a Carter ally, will deliver a eulogy.

The Carter family then will return to bury its patriarch in Plains after a private hometown funeral at 3:45 p.m. at Maranatha Baptist Church, where Carter, a devout evangelical, taught Sunday School for decades.

Carter will be buried afterward in a private graveside service, in a plot visible from the front porch of his home.