Daimler to invest 500 million euros in autonomous trucks

FRANKFURT (Reuters) - German luxury carmaker Daimler will invest 500 million euros (£450 million) in the coming years to develop highly autonomous trucks, it said on Monday, a move that will create more than 200 jobs.

The spending plans are part of Daimler's "global push to bring highly automated trucks (SAE level 4) to the road within a decade", it said.

Level 4 vehicles are able to drive completely autonomously in most, but not all conditions.

(Reporting by Christoph Steitz; editing by Thomas Seythal)