Plus.AI

Truck Talk: Making the case edition

This week, we’re looking at the meaning of electric trucks delivering groceries, autonomous trucks delivering watermelons and other “firsts” trying to make the case for advanced transportation technologies. And a sort of contrarian view on both.

Proving their mettle

Individually, claims of being first don’t always add up to being newsworthy. But taking a step back to consider the “points on the board” being scored by startup autonomous and electric truck companies may tell a different story.

Consid...

https://www.freightwaves.com/news/truck-talk-making-the-case-edition

Plus.ai partners with Transportation Research Center to test self-driving trucks

plus.ai autonomous trucks

Plus.ai, the Silicon Valley-based self-driving truck technology startup, announced on Tuesday an agreement with the Transportation Research Center (TRC) to test Plus.ai’s self-driving system using real-world scenarios involving more than one vehicle. 

“We believe an independent party should validate a self-driving system’s road readiness using realistic, complex scenarios, much like humans have to pass driving tests in order to be licensed,” said Shawn Kerrigan, COO and co-founder, Plus.ai, in a...

https://s29755.pcdn.co/news/plusai-partners-with-transportation-research-center-to-test-self-driving-trucks

The Daily Dash: Fundraising, robots and who rules the freight world?

Plus.ai autonomous truck

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, autonomous trucking startup Plus.ai seeks new funding, Daimler suggests a surprise in second-quarter earnings is coming, robots are taking over and trucking still rules the freight world.

That’s a lot of cash

Autonomous trucking startup Plus.ai is looking to raise more cash. According to reports, the company is seeking $60 million and a valuation in the range of $600 million to $1 billion. Other...

https://s29755.pcdn.co/news/the-daily-dash-fundraising-robots-and-who-rules-the-freight-world

Autonomous trucking startup Plus.ai reportedly seeking $60M

plus.ai autonomous truck

Plus.ai, an autonomous trucking startup based in the U.S. and China, is in talks to raise $60 million, the Information reported.

Hong Kong-based investment and securities firm Guotai Junan International would lead the raise, according to the Information, and it would put Plus.ai’s valuation in the range of $600 million to $1 billion.

Plus.ai did not immediately return FreightWaves’ request for comment.

In 2019 Plus.ai reportedly held discussions with SoftBank to raise $200 million, but the raise...

https://www.freightwaves.com/news/plusai-reportedly-seeking-$60m

Autonomous trucking company Plus.ai wins 451 Firestarter award

Plus.AI safety program

Autonomous trucking company Plus.ai announced Monday  it has received a 451 Firestarter award from the technology research and advisory firm 451 Research, now part of S&P Global Market Intelligence. The honor recognizes the company for its technology and partnership momentum that paves the way for the commercialization of autonomous trucks.

The Firestarter award highlights organizations that the firm believes significantly contribute to technological innovation and have the biggest potential to...

https://s29755.pcdn.co/news/autonomous-trucking-company-plusai-wins-451-firestarter-award

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