Paccar, Platform Science announce strategic equity investment

PACCAR announced that it has made a minority equity investment in its connected truck partner, Platform Science. This strategic investment complements the partnership recently launched by PACCAR and Platform Science to integrate Platform Science’s Virtual Vehicle technology with the PACCAR Connect telematics system, the companies said in a statement. John Rich, PACCAR chief technology officer, said, "PACCAR is pleased to deepen this strategic relationship by investing in Platform Science. PACCAR Connect will be the industry’s most user-friendly, customizable and productive connected truck solution, and will enhance our customers’ agility and operating efficiency. We look forward to launching the system on Kenworth and Peterbilt trucks in 2024."