Traton group, a heavy truck company owned by Volkswagen AG, has acquired a minority stake in tusimple as part of an agreement between the two companies to develop autonomous trucks. Neither company disclosed the specific amount of the transaction or the proportion of minority shares. Traton made a direct investment in tusimple, according to a person familiar with the matter, who declined to be named. It is not clear whether in kind contributions are also included. < / P > < p > on Wednesday local time, the two companies outlined a development plan for a Scania truck that will use traton equipped with tusimple automated automotive technology. The two companies said the test would start on the line from sodtarje to yanxueping, Sweden. Their ultimate goal is to test fleet of autonomous trucks on roads in Sweden, Germany and other countries.
did not provide details of the project coverage or timetable except for the planned close cooperation in developing the 4 level automatic driving system for Traton brand trucks. Specifically, traton said the goal is to have these trucks have four levels of autonomous driving, which they define as being fully automated in specific driving conditions without human intervention and applied to all markets. < / P > < p > traton says this can be used as a means to offset the growing shortage of medium range truck drivers. Traton said in a statement that the first deployment may take place outside the specially designated areas, especially on the frequent hub lines.
will expand TuSimple’s autopilot business from the US and China to Europe. The start-up, backed by Sina, NVIDIA, ups and first tier supplier mando Corporation, operates a fleet of 40 self driving trucks in the United States to test and deliver goods between Arizona and Texas. Founded in 2015, the company has operations in China, San Diego and Tucson, Arizona. < / P > < p > this collaboration also strengthens the ties between traton, tusimple and Navistar. In July, tusimple announced plans to work with Navistar to develop and start producing semi-automatic trucks by 2024. It is understood that the company will no longer transform the Navistar international commercial truck currently used by tusimple, but will develop a semi-trailer specially designed for autonomous driving. The strategic partner includes Navistar, which owns a stake in the start-up tusimple, but does not disclose the amount. < / P > < p > at the same time, traton owns a 16.6% stake in Navistar, which was acquired in September 2016 through the purchase of $256 million in shares. The two companies may eventually come closer. In January, traton offered to buy the remaining Navistar shares it did not hold for $35 A share. Earlier this month, traton will raise its price to $43 a share, or about $3.9 billion, according to a report earlier this month. [image] Google secretly tests 6GHz networks in 17 states of the United States