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Tag: self-driving truck

Self-driving truck startup TuSimple ousts CEO over ties to Chinese rival

Self-driving truck biz TuSimple fired co-founder and CEO Xiaodi Hou on Monday amid what's reported to be US federal investigations into whether he inappropriately...

Cabinless Self-Driving Trucks Hit the Road in Germany

Autonomous truck company Einride is launching in Germany – its first European market outside its native Sweden. As it has done in its home country...

Autowise.ai Bags B2 Round of Financing Worth Nearly $30M

Autonomous driving startup Autowise.ai has announced its completion of a B2 round of financing totaling 200 million yuan ($29.8 million). The firm has secured...

Embark Partners With Alterra Property to Create National Network of AV-truck Hubs

Hubs are a critical component of Embark Trucks’ goal of commercializing its self-driving truck software in 2024

Autonomous Vehicles, Connected Vehicles, and Their Impact on Payments

This is a highly impactful report. We are following this among a number of similar technology trends that are making payments a...

Autonomous trucking startup Embark to go public in $5.2B SPAC deal

Five-year old self-driving truck startup Embark Trucks Inc. said Wednesday it would merge with special purpose acquisition company Northern Genesis Acquisition Corp. II...

The Latest SPAC News and Rumors: June 21, 2021

Jun 21, 2021 INTEL by Marlena Haddad Below is a daily summary of links to the...

Alibaba to develop self-driving trucks with logistics unit Cainiao

HANGZHOU, China/BEIJING (Reuters) - Chinese e-commerce leader Alibaba Group Holding Ltd plans to develop self-driving trucks with logistics subsidiary Cainiao, Chief Technology Officer...

Faction raises $4.3M to deploy 3-wheeled EVs for driverless delivery

Faction Technology founder and CEO Ain McKendrick didn’t have the $1 billion or the time that a typical automotive program might need to...

A Self-Driving Truck Got a Shipment Cross-Country 10 Hours Faster Than a Human Driver

Self-driving cars are taking longer to come to market than many expected. In fact, it’s looking like they may be outpaced by pilotless...

The Station: Rivian rolls towards an IPO and Quantumscape makes a big battery hire

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every...

TuSimple’s autonomous truck cuts 10 hours off 900-mile trek across the US

With ambitions to establish a network of autonomous trucking routes across the US, transport startup TuSimple is taking some steady and significant steps...

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