Autonomous trucking startup TuSimple is joining forces with Navistar International Corp. (NYSE: NAV), a producer of commercial trucks, proprietary diesel engines, and school and commercial buses, to develop self-driving semi-trucks.
The partnership, announced Wednesday, builds on a two-year relationship between the companies and marks a milestone for TuSimple, establishing the startup as a preferred supplier of autonomous trucking technology.
“TuSimple and Navistar began joint development of...
Navistar is shaving up to five years off the industry timeline for autonomous semis, partnering with self-driving technology leader TuSimple to sell International-branded driverless trucks in 2024, the companies said Wednesday.
Navistar International Corp. (NYSE: NAV) took an undisclosed minority interest in startup TuSimple, and could increase its stake over time.
“Autonomous technology will have a profound impact on our customers’ business,” said recently named Navistar President and CEO...
https://www.freightwaves.com/news/navistar-targets-2024-to-sell-driverless-semi
Navistar is partnering with self-driving technology startup TuSimple to shave up to five years off the timeline for autonomous semis. It is targeting 2024 to sell International-branded driverless trucks.
Navistar International Corp. (NYSE: NAV) took an undisclosed minority stake in startup TuSimple, whose valuation exceeds $1 billion.
The 2024 driverless target date vaults Navistar into the lead among manufacturers working on self-driving trucks. Daimler Trucks North America bought Torc...
https://www.freightwaves.com/news/breaking-news-navistar-plans-autonomous-semi-in-2024
Autonomous trucking technology startup TuSimple announced on Wednesday the launch of a national transportation network that it says is designed to help bring self-driving trucks to market safely and efficiently.
The Autonomous Freight Network (AFN) consists of self-driving trucks, digital mapped routes, shipping...
https://s29755.pcdn.co/news/tusimple-to-build-5g-network-of-autonomous-trucking
ZF Friedrichshafen AG said Friday it has completed its $7 billion acquisition of commercial vehicle technology supplier Wabco Holdings, which will become an independent division of the German company.
Originating from the Westinghouse Air Brake Co. founded nearly 150 years ago, the Wabco name will live on in the aftermarket similar to TRW, which ZF acquired for $12.4 billion in 2015.
Wabco, which specializes in developing autonomous driving technologies including automatic braking for commercial...
https://s29755.pcdn.co/news/zf-completes-7-billion-takeover-of-wabco-holdings
TuSimple, an autonomous trucking technology company, has hired UPS (NYSE: UPS) and Walmart (NYSE: WMT) leaders to head its strategy and fleet operations, as the China- and San Diego-based company apparently staves off the economic carnage that has hit other startups in the self-driving industry.
Lee White, who spent 35 years at UPS in various leadership roles, will serve as TuSimple’s vice president of strategy. Conrad Miller, who spent 15 years as an executive in Walmart’s technology and...
UPS on August 15 said its venture capital arm, UPS Ventures, has made a minority investment in autonomous driving company
https://container-news.com/ups-invests-in-self-driving-trucks/