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Self-driving trucks are a $70 billion opportunity - but VCs are hesitant to bet on them

Mar 7, 2020, 19:55 IST
Joe Raedle/Getty ImagesTrucking is attracting serious VC bucks.

Technologists and big spenders in America's $800 billion trucking industry are investing in new types of trucking software - but not much in self-driving trucks.

That's because the likelihood that self-driving trucks will be realized in the coming decade is diminishing further and further, making it a lesser focus for big players in the industry.

With investor focus elsewhere, the expectation for self-driving trucks could be pushed even further down the road - all while those same investors are focusing on a select few other bets in the industry, which experts discussed with us recently.

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