Autonomous trucking companies reap millions in PPP loans

autonomous PPP
  • TuSimple, Kodiak Robotics among autonomous vehicle startups that received at least $1M from government bailout
  • The decision to take money from the government has created a divide in tech startup community

Some of the biggest names in autonomous trucking were among the businesses that received a loan of more than $150,000 from the federal Paycheck Protection Program (PPP).

Leading self-driving trucking company TuSimple, with offices in the U.S. and China, received a loan between $2 million and...

https://s29755.pcdn.co/news/autonomous-trucking-companies-reap-millions-in-ppp-loans

Kodiak Robotics releases safety report on self-driving technology

Self-driving truck company Kodiak Robotics has released a 49-page safety self-assessment report that aims both to demonstrate the startup’s commitment to public safety and provide a detailed portrait of how the company programs and operates its autonomous vehicles.

“We believe it’s critical that we begin the process of explaining to the general public not just how we are safely testing our vehicles, but how we’re going to prove, mathematically and in plain English, that our vehicles are...

https://s29755.pcdn.co/news/kodiak-robotics-releases-safety-report-on-self-driving-technology

Former Navistar and GM executive joins Plus.ai board

Former Navistar and GM senior executive Dennis Mooney has joined the Plus.ai advisory board, the autonomous trucking company announced today.

Mooney will leverage his experience in global product development for automotive and truck manufacturers to work with the Plus.ai team to help bring autonomous trucks to market, according to a press release. 

“We are very pleased to welcome Denny to our advisory board and look forward to his counsel across our engineering, product and commercialization...

https://s29755.pcdn.co/news/former-navistar-and-gm-executive-joins-plus-ai-board-to-help-commercialize-autonomous-trucks

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