Volvo Group Venture Capital has invested in the Canadian-founded company Waabi Innovation, which developing “next generation” autonomous trucking technology.
The companies says the investment highlights their shared commitment to “redefine the way we move goods and to accelerate the deployment of future transport solutions”.
Martin Witt, president of Volvo Group Venture Capital, says: “The company Waabi is using advanced artificial intelligence technology to test, assess skills, and ultimately teach a virtual driver to maneuver safely and efficiently in a commercial-ready autonomous trucking solution. [Read more…] about Volvo invests in Waabi to strengthen autonomous truck offering