Brief
Aurora CFO says 30,000 driverless trucks by 2030 is within reach
Aurora projects a fleet of more than 30,000 self‑driving trucks by 2030, backed by a shift to a driver‑as‑a‑service model.
By Felo News Desk · Published
Aurora's chief financial officer David Maday told TechCrunch the autonomous‑vehicle firm expects to have over 30,000 driverless trucks on the road and generate $5 billion in annual revenue by the end of 2030.
Maday said the target is realistic because, relative to the overall truck market of 250,000‑300,000 new trucks a year, 30,000 units would represent a modest share. He noted Aurora will finish 2026 with about 200 driverless trucks and aims to reach more than 1,000 by the end of 2027.
The company currently runs a transportation‑as‑a‑service model with roughly 500 trucks, charging customers about $2 per mile. Starting next year, Aurora plans to move to a driver‑as‑a‑service model, letting customers own the trucks while paying a per‑mile subscription of roughly $0.85 for the autonomous technology.
Shares fell after Aurora's analyst day on September 23, closing down 12.42% at $5.29 on Monday, but Maday believes the shift off Aurora’s balance sheet is the key unlock for scaling the business.
Key facts
- Aurora aims to have more than 30,000 driverless trucks on the road by 2030. (techcrunch.com)
- The company expects $5 billion in annual revenue from the fleet by 2030. (techcrunch.com)
- Aurora plans to increase its driverless fleet from 200 at the end of 2026 to over 1,000 by the end of 2027. (techcrunch.com)
- Aurora will shift to a driver‑as‑a‑service model with a $0.85 per‑mile subscription for the autonomous system. (techcrunch.com)
- Shares closed down 12.42% at $5.29 on Monday following the analyst day. (techcrunch.com)
Sources
- [1] techcrunch.com — originally reported as “Aurora CFO says 30,000 driverless trucks by 2030 isn't as far-fetched as it sounds”
