The Committee on Foreign Investment in the United States (CFIUS) has wrapped up its national security probe into autonomous truck software developer TuSimple Holdings Inc., which agreed to limited U.S. oversight and pledged to keep U.S.-developed core technology out of China.
“I think in short this is a clean bill of health from the U.S. government,” TuSimple CEO Cheng Lu told FreightWaves on Tuesday evening.
CFIUS, an interagency committee authorized to review certain transactions involving...