Aurora unveils second-generation autonomous trucks; shares rise 6% ahead of earnings

AUR Aurora Innovation Inc

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1. 1Aurora Innovation (AUR) saw its stock climb roughly 6% on Wednesday after unveiling a plan for a second-generation autonomous trucking fleet ahead of its earnings release.
2. 2Partnering with Michigan-based Roush, the company is integrating its technology into trucks built on International Truck's LT series, with Roush targeting a production capacity of 1,000 units per year within the year.
3. 3Aurora Driver had logged approximately 440,000 cumulative autonomous miles as of the end of June, and the second-quarter results due July 29 are expected to show revenue of $17 million and a loss per share of $0.12.

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