NAV - TuSimple gears up to be leader in autonomous truck race
TuSimple (TSP) is identified as being the pole position in the race to develop autonomous trucks because of its singular focus on trucking and strong partnership with Navistar International (NAV)."They've got the head start on it," says transportation consultant Grayson Brulte.Meet TuSimple: The company is headquartered in San Diego, California and has 600 employees in the U.S. and 200 in China. Testing sites are located in Arizona, New Mexico and Texas. A tech brag for the company is that it is has forward-facing cameras capable of detecting objects up to 1,000 meters ahead. Aurora and Waymo are considered the two biggest competitors for TuSimple in self-driving big trucks.TuSimple trades below its IPO pricing level of $40.TuSimple caught the eye of ARK Invest last month.
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TuSimple gears up to be leader in autonomous truck race