Aurora CFO says 30,000 driverless trucks by 2030 isn’t as far-fetched as it sounds

Подробности

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 2030 vision. Shares have continued to slide since the company’s annual analyst and investor day on September 23. On Monday, shares closed down 12.42%, to $5.29.

But investors have time to come around and, according to Maday, the big “unlock” for Aurora starts in 2027 and accelerates from there. The company expects to go from 200 driverless trucks at the end of 2026 to more than 1,000 a year later.