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Autonomous Trucking to Put $9 Billion Back in U.S. Consumers’ Pockets Annually by 2035

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Autonomous Trucking to Put $9 Billion Back in U.S. Consumers’ Pockets Annually by 2035
News

News

Autonomous Trucking to Put $9 Billion Back in U.S. Consumers’ Pockets Annually by 2035

2026-03-19 21:00 Last Updated At:21:10

PITTSBURGH--(BUSINESS WIRE)--Mar 19, 2026--

Aurora Innovation, Inc. (NASDAQ: AUR) today highlighted findings from a new report revealing that autonomous freight is already a multi-billion dollar bolster for the $1 trillion dollar U.S. trucking industry, with even more economic opportunity over the next ten years.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260319402887/en/

The analysis, commissioned by Aurora and conducted by the Steer Group, highlights that autonomous trucking, despite being in early stages of deployment, currently supports 17,000 jobs and $3.3 billion in total economic output.

The report projects that by 2035, the autonomous trucking sector alone is projected to account for $70 billion of U.S. GDP, representing a highly efficient growth engine for the long-haul highway segment. This transition is expected to generate $9.4 billion in annual safety benefits and result in $9 billion in increased purchasing power for American households through lower transportation costs.

"We believe that autonomous trucking can be a massive engine for the American economy and fortify the national transportation industry," said Chris Urmson, co-founder and CEO of Aurora. ”This report supports our conclusion that technology, like the Aurora Driver, can make our roads safer, our supply chain more resilient, and our operations more efficient than ever before."

A Stronger Supply Chain: Always-On Efficiency Translates to Household Savings

With a national driver deficit projected to reach 1.2 million over the next decade, autonomous technology acts as a vital safeguard against shipping bottlenecks. By potentially more than doubling fleet utilization – the amount of time a truck is actively moving goods – it facilitates a 24/7 'always-on' supply chain, ensuring long-term resilience and efficiency. The technology also has the potential to slash fuel waste by up to 32% and save shippers $5.7 billion on fuel costs. Under an accelerated deployment scenario, these gains are expected to benefit consumers, resulting in $9 billion in annual purchasing power for American households by 2035.

The Safety Dividend

The report estimates that in 2035, self-driving technology, like the Aurora Driver, could prevent up to 490 fatalities, 8,800 injuries, and 23,000 crashes per year. Measured against U.S. DOT standards, this equates to $9.4 billion in annual safety benefits. Improved road safety is projected to lead to a 40% reduction in insurance premiums, significantly lowering the cost of doing business across the freight sector.

Supporting the American Workforce

If someone drives a truck today, they can retire as a driver. Over time, trucking jobs will change. As the industry scales, it will create a new generation of high-paying career paths. Currently, 82% of autonomous vehicle workers earn above the national median wage, with many in roles accessible without a college degree.

To ensure the American workforce is ready, Aurora is taking an industry-first step and committing $1 million to its Aurora Works initiative. As the first autonomous trucking company to launch such a dedicated effort, Aurora is developing the essential foundation needed for the workforce training of the 21st century. This initiative will establish educational partnerships and technical training programs focused on skill development for emerging roles, positioning the workforce to evolve alongside the technology.

“Through the Aurora Works program, we are making a $1 million commitment to ensure that as our technology scales, so do the opportunities for the people who power this industry,” said Chris Urmson, co-founder and CEO of Aurora.

“PAVE applauds Aurora for investing in research that highlights the economic and workforce potential of autonomous trucking,” said Tara Andringa, Executive Director of Partners for Automated Vehicle Education. “This report shows the autonomous trucking sector is already supporting jobs and economic activity across the country, with enormous potential to further strengthen the U.S. economy. Aurora has been a steadfast partner in advancing workforce leadership efforts, and the Aurora Works initiative is further testament to their commitment to the future of the American workforce, the AV industry, and the communities they serve.”

About the Steer Group

Working across cities, infrastructure, and transportation, Steer is a consultancy that combines commercial, economic, technical, and planning expertise to find powerful answers to our clients’ complex questions. Steer partners with communities and organizations, public and private, who are ready for change to equip them with tools and innovative solutions to build better communities and stronger economies.

You can find the full report here.

About Aurora

Aurora (Nasdaq: AUR) is delivering the benefits of self-driving technology safely, quickly, and broadly to make transportation safer, increasingly accessible, and more reliable and efficient than ever before. The Aurora Driver is a self-driving system designed to operate multiple vehicle types, from freight-hauling trucks to ride-hailing passenger vehicles, and underpins Aurora’s driver as a service products for trucking and ride-hailing. Aurora is working with industry leaders across the transportation ecosystem, including AUMOVIO, FedEx, Hirschbach, NVIDIA, PACCAR, Ryder, Schneider, Toyota, Uber, Uber Freight, Volvo Trucks, Volvo Autonomous Solutions, and Werner. To learn more, visit aurora.tech.

Aurora is committing $1 million to its Aurora Works initiative to establish educational partnerships and technical training programs for the autonomous trucking industry. (Credit: Aurora)

Aurora is committing $1 million to its Aurora Works initiative to establish educational partnerships and technical training programs for the autonomous trucking industry. (Credit: Aurora)

NEW YORK (AP) — Uber says it will invest up to $1.25 billion in Rivian Automotive to help launch up to 50,000 robotaxis.

Uber, or its fleet partners, are expected to buy 10,000 fully autonomous Rivian R2 robotaxis, with the option to purchase up to 40,000 more in 2030.

The companies said Thursday that initial deployments of the vehicles are expected to begin in San Francisco and Miami in 2028 and will expand to 25 cities in the U.S., Canada and Europe by 2031.

“We’re big believers in Rivian’s approach—designing the vehicle, compute platform, and software stack together, while maintaining end-to-end control of scaled manufacturing and supply in the U.S.," Uber CEO Dara Khosrowshahi said in a statement. "That vertical integration, combined with data from their growing consumer vehicle base and experience managing the complexities of commercial fleets, gives us conviction to set these ambitious but achievable targets.”

Uber's investment in Rivian will be spread out up to 2031 and is subject to hitting certain autonomous milestones by specific dates. An initial $300 million investment has been committed to following the deal's signing, subject to regulatory approval.

Rivian of Irvine, California, makes a high-end R1T pickup truck and the R1S SUV, as well as delivery vans for Amazon and others. It will begin making the smaller R2 this year. The automaker started long-delayed work on a $5 billion facility in Georgia last year.

In premarket trading, shares of Rivian rose 10%. Uber shares edged up less than 1%.

FILE - The Uber logo appears above a trading post on the floor of the New York Stock Exchange, Aug. 16, 2019. (AP Photo/Richard Drew, File)

FILE - The Uber logo appears above a trading post on the floor of the New York Stock Exchange, Aug. 16, 2019. (AP Photo/Richard Drew, File)

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