Equipment Finance News

No products in the cart.

SUBSCRIBE
  • News
  • Event
  • Data
  • Features
  • Lender Directory
  • PodcastNew
  • WebinarsNew
    • Webinar Library
  • Login
Log In
No Result
View All Result
  • Dealers
  • Lenders
  • Transportation
  • Agriculture
  • Construction
  • Materials Handling
  • Rentals
  • Compliance
  • Bankruptcy
  • Data Analysis
Equipment Finance News
  • News
  • Event
  • Data
  • Features
  • Lender Directory
  • PodcastNew
  • WebinarsNew
    • Webinar Library
No Result
View All Result
Equipment Finance News
No Result
View All Result

Volvo taps Canadian AI startup Waabi in self-driving truck push

Volvo invested in the Canadian company in 2023

Bloomberg NewsbyBloomberg News
February 4, 2025
in Transportation
Reading Time: 1 min read
0
Share on FacebookShare on LinkedIn

Volvo AB plans to develop autonomous trucks using technology from Canadian artificial intelligence startup Waabi Innovation Inc., with a goal of testing the big-rigs later this year.

Volvo’s Autonomous Solutions unit is set to produce “a handful” of trucks through the Waabi partnership this year at the truck maker’s plant in Dublin, Virginia, Waabi Chief Executive Officer Raquel Urtasun said in an interview. The production-ready Volvo VNL Autonomous self-driving truck will be rigged with Waabi’s self-driving technology, according to a joint statement by the companies.

The pair aim to put the trucks on the road through pilot programs after testing, closely-held Waabi said. “It’s very important to have a go-to-market partnership,” Urtasun said.

The work extends Waabi’s existing ties to the Swedish heavy-duty truck maker, which invested in the Canadian company in 2023. Volvo is also a manufacturing partner to self-driving trucking company Aurora Innovation Inc.

— By Cailley LaPara (Bloomberg)

Tags: autonomous equipmentbloombergequipment financetechnology
Previous Post

US manufacturing activity expands for first time since 2022

Next Post

Canada Cartage buys Walmart Canada’s fleet business

Related Posts

The Revoy plug-in device in Indio, California.
Transportation

How to Make Any Diesel Freight Truck Electric? Use This Plug-In Device

July 30, 2026
PACCAR Achieves Very Good Annual Revenues and Net Income
Transportation

Paccar Financial revenue ticks up amid trucking recovery

July 28, 2026
A Volvo FH electric truck, at the IAA Transportation fair in Hannover, Germany, on Monday, Sept. 16, 2024. The commercial vehicle exhibition runs until Sept. 22.
Transportation

Toyota to acquire one-third stake in fuel cell venture cellcentric

July 27, 2026
Next Post
Canada Cartage to Acquire Walmart Canada’s Fleet Business

Canada Cartage buys Walmart Canada’s fleet business

Proud Member Of

Check Out Our Industry Event

Stay Informed With Our 8 Newsletters

The Dig Podcast

Dealer Operations

Arrow Trucking Co. tractors are stored on a lot near a Freightliner dealership in Tulsa, Oklahoma, U.S., on Monday, Jan. 4, 2010. Arrow Trucking Co., the 61-year-old Tulsa-based flatbed carrier, suspended operations on Dec. 22, 2009, laying off employees and stranding scores of drivers by cancelling fuel credit cards, Tulsa World reported. Federal Authorities later issued an emergency order to executives to retrieve company trucks and trailers from truck stops and parking areas around the country.

Premier Truck Group F&I revenue rises 12.5% YoY in Q2

July 29, 2026
Aftermarket revenue shines in Rush Enterprises’ Q4 earnings

Rush F&I revenue climbs 14.6% in Q2

July 29, 2026
A worker moves boxed appliances inside the warehouse of University Electric appliance store in Santa Clara, California, US, on Wednesday, July 1, 2026. The US Census Bureau is scheduled to release durable goods orders on July 2.

Core capital goods orders rise 12.5% YoY in June

July 27, 2026
  • About Us
  • Advertise
  • Contact Us
  • Privacy Terms
  • ADA Compliance

 [wt_cli_manage_consent]

Connect with us

© 2026 Royal MediaRoyal Media

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • News
    • All News
    • Dealers
    • Lenders
    • Transportation
    • Agriculture
    • Construction
    • Material Handling
    • Rentals
    • Compliance
    • Data Analysis
  • Event
  • Data
  • Features
  • Lender Directory
  • Podcast
  • Webinars
    • (Upcoming Webinar – Dec 9) Tech-driven risk management: How innovation is reshaping equipment finance
    • Webinar Library

© 2026 Royal MediaRoyal Media