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.
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.
Several Chinese mobile internet browsers issued self inspection and rectification notices on Tuesday, and will fix existing network problems from now until Nov. 9.
San Diego-based self-driving truck startup TuSimple, announced on September 17 that its Series D round had secured an additional $120 million.
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.
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.