Aurora (AUR) Launches Second Route to Expand Self-Driving Truck Service

Aurora Innovation, Inc. (NASDAQ:AUR) is one of the 10 Stocks Under $20 to Buy According to Analysts. On October 28, Aurora Innovation, Inc. (NASDAQ:AUR) shared that it is expanding its driverless truck service as it introduces a second driverless route, which runs 600 miles from Fort Worth to El Paso.

This announcement came just 6 months after the first route opened, which runs from Dallas to Houston. This helped Aurora Innovation, Inc. (NASDAQ:AUR) become the fastest in the US self-driving industry to expand commercial operations to a second market.

Aurora (AUR) Launches Second Route to Expand Self-Driving Truck Service

Aurora Innovation, Inc. (NASDAQ:AUR) has also exceeded 100,000 driverless miles on public roads. The company has five driverless trucks delivering customer freight regularly with a perfect safety and on-time record.

Additionally, Aurora Innovation, Inc. (NASDAQ:AUR) shared its aim to meet strong customer demand by launching hundreds of driverless trucks with its next-generation Aurora Driver hardware in 2026. The company’s next-generation hardware will cut costs by half while also improving performance and durability. The new FirstLight Lidar system will be able to detect objects up to 1,000 meters away, which is double the distance of the current generation.

Aurora Innovation, Inc. (NASDAQ:AUR) is a self-driving technology company. The Aurora Driver is a self-driving system that can operate various types of vehicles, including freight-hauling trucks and ride-hailing passenger vehicles.

While we acknowledge the potential of AUR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than AUR and that has a 100x upside potential, check out our report about the cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.