
TuSimple Secures Extra $120 Million in Funding to Refine Driverless Trucks
San Diego-based self-driving truck startup TuSimple, announced on September 17 that its Series D round had secured an additional $120 million.
Showing 12 of 29 posts with this tag
San Diego-based self-driving truck startup TuSimple, announced on September 17 that its Series D round had secured an additional $120 million.
Chinese internet giant Alibaba announced on Thursday it will develop driverless trucks with its logistics unit Cainiao, as the company ramps up efforts to follow a trend that may revolutionize the transportation industry.
In addition to Robotaxi, autonomous driving trucks have now been added to ride-hailing giant Didi's business roadmap.
Pony.ai, an autonomous driving company, has issued an internal letter stating that Qingtian Truck is suspected of infringing trade secrets. Pony.ai is therefore suing Qingtian Truck, and its principal leaders are going to court.
TuSimple, an autonomous driving technology startup, is in talks with commercial vehicle maker, Foton, to produce heavy trucks aimed at improving the efficiency of long-distance logistics.
In this week’s VC news, self-driving truck pioneer Inceptio Technology closed a $270 million round of financing and aims to start mass producing its proprietary autonomous driving system.
Several Chinese mobile internet browsers issued self inspection and rectification notices on Tuesday, and will fix existing network problems from now until Nov. 9.
Chinese automotive maker Geely plans to buy the entire stake of autonomous driving company TuSimple's Asia-Pacific business. The Zhejiang-based firm has made an offer to TuSimple's headquarters in the United States.
TuSimple, an automated driving technology company, announced on October 31 that it has terminated Hou Xiaodi, the CEO, President and CTO of the company, and that it has removed him as Chairman of the Board.
The U.S. e-commerce giant Amazon is negotiating with TuSimple, a Chinese self-driving truck company, about acquisition details, people familiar with the matter told Tmtpost.
Plus, an automated driving heavy truck company, announced on Monday the launch of the "Plus Build" program in the United States.
DeepWay, an intelligent truck manufacturer based in China, has secured over 1.2 billion yuan ($174 million) in funding after completing its A+ round financing of 770 million yuan ($117 million).