Volvo Group Venture Capital AB invests in the autonomous trucking technology
Feb 09, 2023
Waabi is developing next-generation artificial intelligence technology to solve autonomy at scale.
Volvo Group Venture Capital AB invests in the Canadian-founded company Waabi Innovation Inc., developing the next generation of autonomous trucking technology. According to the companies, the investment highlights the companies’ shared commitment to redefine the way we move goods and to accelerate the deployment of future transport solutions.
The company recently unveiled the Waabi Driver, its core autonomous trucking solution, designed for large-scale commercialization and safe deployment. This solution is complemented by Waabi World, a scalable high-quality simulator, exposing the Waabi Driver to the vast diversity of scenarios needed to hone its driving skills and paving the way to widespread adoption of autonomous trucking.
Freight movement is rapidly increasing, with the trucking industry moving the vast majority of the goods. Accommodating this growth has placed tremendous pressure on every part of the supply chain industry. Volvo Group see that fully autonomous trucking transports are key to provide additional capacity, better safety and improved efficiency but also support drivers in tiresome routes.
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