FILE PHOTO: The Daimler logo is seen before the Daimler annual shareholder meeting in Berlin, Germany, April 5, 2018. REUTERS/Hannibal Hanschke
FRANKFURT (Reuters) – German luxury carmaker Daimler (DAIGn.DE) will invest 500 million euros ($573 million) in the coming years to develop highly autonomous trucks, it said on Monday, a move that will create more than 200 jobs.
The spending plans are part of Daimler’s “global push to bring highly automated trucks (SAE level 4) to the road within a decade”, it said.
Level 4 vehicles are able to drive completely autonomously in most, but not all conditions.
Reporting by Christoph Steitz; editing by Thomas Seythal