Daimler’s truck unit is investing in a laser-sensor startup to bolster its development of self-driving trucks in the U.S. less than a week after striking a deal to use driverless technology from Alphabet Inc.’s Waymo.
Daimler Truck said Friday it will take a minority stake in Luminar Technologies Inc., a lidar developer that plans to go public via a reverse merger. The world’s biggest commercial-vehicle maker joins other investors including tech billionaire Peter Thiel and an arm of Volvo Car in an equity financing ahead of the startup’s public-market debut.
