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Velodyne Lidar and Trunk.Tech to collaborate on next-gen autonomous heavy trucks, commercialization in China
Velodyne Lidar, Inc. and Beijing Trunk Technology Co., Ltd. (Trunk.Tech) will collaborate in developing next-generation autonomous heavy trucks and to accelerate commercialization of driverless trucks in China’s logistics market.
Velodyne and Trunk.Tech will cooperate on lidar-enabled products that meet the demanding requirements of high-speed transportation logistics. These solutions will strengthen object awareness and detection capabilities of unmanned heavy trucks and are designed to promote rapid, large-scale vehicle production in a cost-effective, efficient way. Trunk.Tech has close cooperation with commercial vehicle OEMs to produce driverless trucks and ensure the vehicles comply with vehicle safety regulations.
Velodyne Lidar and Trunk.Tech Announce Strategic Partnership in Autonomous Trucking
Tuesday, January 19, 2021 6:00PM IST (12:30PM GMT)
Companies Team to Accelerate Development of Driverless Trucks for China’s Logistics Market
San Jose, Calif., United States:
Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) today announced a strategic partnership with Beijing Trunk Technology Co., Ltd. (Trunk.Tech). The companies will collaborate in developing next-generation autonomous heavy trucks and to accelerate commercialization of driverless trucks in China’s logistics market.
Velodyne Lidar and Trunk.Tech will collaborate in developing next-generation autonomous heavy trucks and to accelerate commercialization of driverless trucks in China’s logistics market. (Photo: Trunk.Tech)