Plus   Neg

Volkswagen's Unit TRATON In Deal With US-based TuSimple For Autonomous Trucks; Takes Minority Stake

Volkswagen Group (VKW.L,VLKAF.PK,VOW.BE) announced that its unit Traton SE has entered into a global partnership with TuSimple, a San Diego based self-driving technology company focused on heavy-duty trucks, to develop self-driving trucks. As part of the partnership, TRATON has also taken a minority stake in TuSimple.

The partnership brings together a global OEM and SAE level 4 or L4 self-driving technology company. Scania test vehicles will soon be on the road with TuSimple technology.

The companies have launched a development program to operate the first SAE level 4 autonomous hub-to-hub route between Södertälje to Jönköping in Sweden using Scania trucks.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
NASA's Osiris-Rex robotic spacecraft briefly touched down on near-Earth asteroid Bennu's surface on Tuesday to collect rock and dust samples that will be brought back to Earth in 2023. Bennu is currently more than 200 million miles, or 321 million kilometres, from Earth. Osiris-Rex launched from Cape Canaveral Air Force Station in Florida in September 2016. Amazon said Wednesday that free one-hour grocery pickup is now available to prime members at all U.S. Whole Foods Market locations. Previously, the prime members could pick up Whole Foods orders only at select stores. J.C. Penney said it is near to exiting Chapter 11 ahead of the busy December 2020 holiday season. The beleaguered retailer filed a draft asset purchase agreement towards finalization of the acquisition by Brookfield Asset Management, Inc. and Simon Property Group, Inc. They are expected to buy substantially all of J.C. Penney's retail and operating assets in a combination of cash and debt.
Follow RTT