Full Truck Alliance May Acquire China Arm of Startup Plus
Reports have surfaced suggesting that digital freight platform Full Truck Alliance may acquire the China arm of Plus, an autonomous driving truck company.
8/25/20223 min read
Tag: #self-driving truck
Showing 12 of 29 posts with this tag
Westwell Unveils World's First Intelligent Battery-Swap Driverless Commercial Vehicle, Q-Truck
Westwell held a media conference in Shanghai on January 15, announcing the mass production of the world's first intelligent battery-swap driverless commercial vehicle, the Q-Truck.
1/18/20222 min read
Plus Delivers 100 Factory-Installed Autonomous Heavy Trucks
On August 16, a batch of J7 heavy-duty trucks built jointly by autonomous driving truck company Plus, Zhito Technology and Faw Jiefang Automotive Company was delivered to Rokin Logistics.
8/17/20222 min read
Amazon Purchases 1,000 Self-Driving Truck Systems from Plus, Marking a Further Step Towards Autonomy
Amazon Inc. has purchased 1,000 autonomous driving systems from self-driving truck technology startup Plus, the Chinese firm said in a regulatory filing, according to a report by Bloomberg.
6/22/20212 min read
UPS Invests In Self-Driving Truck Developer TuSimple
United Parcel Service (UPS) is jumping into the self-driving vehicle world by investing in self-driving truck startup TuSimple. The Atlanta-based shipping giant sees it as an opportunity to boost on-road safety and efficiency.
8/16/20192 min read
China VC Weekly: Chips, Trucks, New Dairy
In last week’s China VC news: Chinese autonomous truck company Trunk Tech raises $30 million to develop next-generation technology, a slew of local chip makers complete fundraising rounds, and more.
12/21/20218 min read
Self-driving Truck Technology Firm Plus Raises $220 Million in New Funding
Chinese truck autonomous driving company Plus, formerly Plus.ai, has raised $220 million in a new round of financing led by FountainVest Partners and ClearVue Partners, the company announced on Wednesday.
4/1/20212 min read
Plus and IVECO Announce Autonomous Driving Test in Europe and China
Self-driving truck company, Plus and IVECO, the commercial vehicles brand of CNH Industrial, announced that they will jointly conduct automated driving tests in Europe and China.
12/21/20212 min read
<strong>DeepRoute.ai Uses Autonomous Trucks to Combat Omicron Variant in Shenzhen</strong><strong></strong>
DeepRoute.ai recently mobilized two medium-duty trucks with level-4 autonomous driving capabilities to deliver goods to facilities into the COVID-19 variant Omicron affected area.
2/28/20222 min read
TuSimple Loses $110 Million in Operations in Q2
On August 2, TuSimple, a driverless truck company, released its Q2 financial report. In Q2, its revenue totaled $2.594 million, up 73% compared with that of $1.482 million in the same period last year.
8/3/20222 min read
Autonomous Driving Startup Plus May Split Chinese Team, Mulls Listing
Plus, a self-driving truck company, may initiate its US listing plan again by merging its Chinese business into Full Truck Alliance, a digital freight platform. The official announcement will be unveiled in March this year.
2/14/20233 min read
Autonomous Driving Startup TuSimple Agrees to U.S. Regulations
Autonomous driving startup TuSimple has reached an agreement with U.S. authorities to resolve security concerns around its self-driving truck operations and the company’s ties with China.
2/25/20222 min read