Aurora Innovation Expands Driverless Trucking Operations to Include Nighttime Driving, Opens New Phoenix Terminal

Aurora Innovation Inc. (NASDAQ:AUR) is one of the stocks under $10 to buy now. On July 30,  Aurora Innovation announced a significant expansion of its commercial operations, which initially began in May earlier this year. The expansion includes growing its driverless fleet to 3 trucks and surpassing 20,000 driverless miles by the end of June. The company also inaugurated a new terminal in Phoenix, Arizona, in June.

Aurora extended its existing driverless lane from Dallas to Houston to include nighttime driving. The capability allows for continuous utilization of the trucks, thereby shortening delivery times and advancing the company’s path toward autonomous trucking profitability.

Aurora Innovation Expands Driverless Trucking Operations to Include Nighttime Driving, Opens New Phoenix Terminal

A closeup of a self-driving hardware unit inside the dashboard of a passenger vehicle.

Aurora also cited a 2021 Federal Motor Carrier Safety Administration report that noted 37% of fatal crashes involving large trucks occur at night, despite fewer miles being traveled during those hours. Autonomous trucks offer enhanced visibility compared to human drivers, who face challenges like low visibility and fatigue.

Aurora Innovation Inc. (NASDAQ:AUR) is a self-driving technology company in the US that focuses on developing Aurora Driver. This is a platform that brings self-driving hardware, software, and data services together to adapt and interoperate with various vehicle types and applications.

While we acknowledge the potential of AUR to grow, 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 100x upside potential, check out our report about this cheapest AI stock.

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