Technology Stocks : Driverless autos, trucks, taxis etc.

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From: Sam7/15/2017 11:00:36 AM
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Self-driving car arrives in Seattle after 2,500-mile autonomous cross-country trip
by Taylor Soper
on July 14, 2017 at 9:23 am

Washington Gov. Jay Inslee is already seeing results of his new executive order that encourages self-driving technology testing.

Torc Robotics, a Virginia Tech spinout developing autonomous vehicle technology, just completed a six-day 2,500-mile cross-country trip with its autonomous car that arrived in Seattle on Thursday.

It’s the first certified autonomous vehicle pilot test in Washington since Inslee signed the order last month. Torc was the first company that registered with the state’s new Autonomous Vehicle Pilot Program permit to test its self-driving car in Washington.

“I want to congratulate Torc Robotics on their cross-country autonomous vehicle trip and welcome them to our state,” Inslee said in a statement. “Washington is already a leader in autonomous vehicle technology, and these early tests demonstrate how AVs could help save lives, improve mobility and be an important tool in our efforts to combat climate change.”

The Torc team with its self-driving car in Seattle. Via Gov. Inslee’s office.

Torc Robotics has spent the past decade working on self-driving technology, but only recently began testing a consumer-grade vehicle. Michael Fleming, Torc co-founder and CEO, told GeekWire that his company picked Seattle as a destination because of the executive order.

“We are really excited about Washington’s stance on being a self-driving friendly state,” he said.

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