Posted 1/23/2024, 12:05:00 PM
TuSimple Inks Deals with Arauco, US Continental, BYD, Motrec; Early Traction with Fortune 100 for AI-Powered Autonomous Trucking
- Paid pre-order agreement with Arauco for 100 DriveMod Forklifts, potentially $5 million per year in recurring revenue
- Valuable deployment with US Continental, a chemicals manufacturer, to automate 900 monthly trips
- Added two new vehicle types Forklifts through partnership with BYD and Tuggers through Motrec
- Initial deployments with several Fortune 100 companies
- Aligned with Nvidia to power artificial intelligence for vehicles