TuSimple, Navistar scrap deal to develop self-driving trucks

Technology
Tuesday, 06 Dec 2022
8:50 AM MYT

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An AV truck is parked at a TuSimple facility at AllianceTexas a 27000 acre business complex boasting some of the countryrsquos largest freight operations in Fort Worth Texas U.S. May 18 2022. Picture taken May 18 2022. REUTERSCooper NeillFile Photo

An AV truck is parked at a TuSimple facility at AllianceTexas, a 27,000 acre business complex boasting some of the country’s largest freight operations, in Fort Worth, Texas, U.S. May 18, 2022. Picture taken May 18, 2022. REUTERS/Cooper Neill/File Photo

(Reuters) - TuSimple Holdings Inc and Navistar have ended a deal to co-develop self-driving trucks, the companies announced on Monday.

In 2020, Illinois-based Navistar bought a minority stake in TuSimple and announced a deal to co-develop heavy-duty self-driving trucks by 2024, as the autonomous driving technology space boomed with investor attention.

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PESTEC	0.115	0.135	0.105	0.125	0.010	8.70	339,972

TuSimple, Navistar scrap deal to develop self-driving trucks

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