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.
This is what’s really taking your jobs folks, automation
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