Aurora CFO says 30,000 driverless trucks by 2030 isn’t as far-fetched as it sounds
Autonomous vehicle technology company Aurora told investors last week that it expects to have more than 30,000 self-driving trucks on the road generating $5 billion in annual revenue by the end of 2030 — an audacious plan considering it expects to end 2026 with just 200 driverless trucks and an $80 million revenue run rate.
CFO David Maday contends the seemingly outsized target isn’t as large or as out of reach as it might appear.
“While 30,000 kind of feels like a lot — and it does in the autonomy space for sure — in terms of trucks relative to the overall market, it’s kind of pretty small,” he told TechCrunch in a recent interview, adding that the four major truck manufacturers produce anywhere between 250,000 and 300,000 new trucks a year. “I don’t think it’s aspirational,” he added, “I think we can do it.”
Investors haven’t exactly embraced Aurora’s...
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