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.
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.
Autonomous driving technology company Pony.ai announced a strategic joint venture on July 28 with SANY Heavy Truck, a subsidiary of Chinese heavy equipment manufacturer SANY Heavy Industry.
Autonomous driving startup Autowise.ai has announced its completion of a B2 round of financing totaling 200 million yuan ($29.8 million).
Plus, an automated driving heavy truck company, announced on Monday the launch of the "Plus Build" program in the United States.
In addition to Robotaxi, autonomous driving trucks have now been added to ride-hailing giant Didi's business roadmap.
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.
Autonomous driving truck firm Inceptio Technology announced on Monday it has secured $188 million in B+ round equity financing.
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.
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.
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.
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.
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.
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.
Inceptio Technology, a leading autonomous truck company, announced on Tuesday it has completed a B round of financing worth $270 million.