UPS is joining the self-driving race by investing in autonomous tech startup TuSimple
Closely held TuSimple is expanding to a 50-truck fleet in Arizona, where it has an engineering base in Tucson. Currently, all TuSimple trucks operate with two technicians in the cab though it aims to operate “driver out” within two years. in suburban Phoenix, and companies including GM’s Cruise, Uber and Lyft all plan on-demand autonomous ride services, perfecting the technology to do that in tricky urban settings is taking longer than some advocates anticipated.
In addition to potential cost-savings operating a long-haul truck without a human at the wheel, TuSimple argues that its system can cut operating costs by up to 30% , owing to fuel savings and reduced wear-and-tear on tires, brakes and other components owing to the more precise acceleration and braking its system can provide.
When UPS connected with TuSimple last year, “the UPS executive expressed skepticism in autonomy being this far along. He said the official UPS belief was that it was at least 15 years out; not even close,” Price says. After that executive and a UPS team “experienced our vehicle and dug into our plans, and saw what we were doing , he changed his mind. He said ‘I was a skeptic. I’m now a believer.’”
Previous investors in TuSimple include Nvidia, Chinese tech firm Sina Corp., Hong Kong’s Composite Capital and U.K. venture firm ZP Capital.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
UPS Joins Self-Driving Race By Investing In Autonomous Tech Startup TuSimpleThe first investment by a major fleet operator into an autonomous truck company gives UPS a minority stake in the San Diego-based startup that also has operations in China. Neither company is disclosing the amount.
Leer más »
UPS invests in self-driving trucks, reveals it's already been using themUPS joins the race for the future of delivery services by investing in self-driving trucks.
Leer más »
UPS buys stake in TuSimple, testing self-driving trucks in ArizonaUPS said on Thursday it has bought a minority stake in self-driving company TuSi...
Leer más »
Dec Donnelly reunited with Holly Willoughby as he joins in holiday with PhilBFFs Phillip Schofield and Holly have already been joined by Rochelle Humes and Romesh Raganathan on their Portugal trip
Leer más »
Gullane Joins Avila’s ‘El Cardinal,’ Primes ‘Bachelor Party’ (EXCLUSIVE)MADRID — In a sign of one direction Latin America’s film industry is going, building ever more significant production partnerships on banner art films around the region, premier Brazilian p…
Leer más »
Iliza Shlesinger Joins Rom-Com ‘Godfrey’; Coming-of-Age Horror ‘Student Body’ Sets CastKen Mok’s Godfrey has added Iliza Shlesinger, to the cast. She will star alongside Cleopatra Coleman and Nick Thune in the indie romantic comedy. The film is currently in production in Vancou…
Leer más »