Core Insights - Daimler Truck is seeking a partner for its autonomous-driving unit, Torc Robotics, to raise capital for its investment needs [1][2] - The company is working with Bank of America to find potential investors for a minority stake in Torc, which has an annual spending of approximately $660 million [2][3] - Daimler Truck currently owns about 91% of Torc, with the remaining shares held by the founders, and discussions regarding the stake sale are in initial stages [3] Company Developments - Torc Robotics specializes in Level 4 autonomous driving technology, focusing on heavy-duty trucks, and was acquired by Daimler Truck in 2019 [4] - Daimler Truck introduced a "demonstration vehicle" for autonomous freight last year, with plans to launch a modular, scalable platform by 2027 [5] Industry Trends - The rise of autonomy as a service (AaaS) is noted, where self-driving capabilities are offered as scalable platforms, leading to the development of "driver-out" vehicles [6]