TuSimple: Banking on autonomous trucking in the US
- China
- 6 min read
- Apr 06, 2021
- By Wang Xiao'e
© TuSimple
TuSimple aims to scale its Waymo-style driverless trucking network to disrupt the $4tn global truck freight market starting with the US, with mass production by 2024
China’s AI tech unicorn TuSimple got one step closer to become the world’s first public-listed Level-4 (L4) autonomous driving company with its filing of an IPO with the US Securities and Exchange Commission last month. If the IPO is given the go-ahead, the Nasdaq-listing would be a milestone for the nascent smart-trucking logistics industry.
To date, TuSimple has completed 10 funding rounds and raised over $800m from prominent backers Sina, Nvidia, CDH Investments, UPS, Werner Enterprises and Goodyear Ventures. Investors and logistics companies are betting on autonomous trucking...
To date, TuSimple has completed 10 funding rounds and raised over $800m from prominent backers Sina, Nvidia, CDH Investments, UPS, Werner Enterprises and Goodyear Ventures. Investors and logistics companies are betting on autonomous trucking...
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