autonomous trucking

Embark raises $70 million, opens two transfer hubs (with video)

Autonomous trucking outfit Embark Trucks has raised $70 million in a series C funding round led by Tiger Global Management, with participation from seven other firms, Forbes has reported. The new financing round brings its fundraising total to $117 million. The company will use the funds to add staff and trucks to its fleet, which […]

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Plus.ai announces joint venture with China’s largest truck manufacturer

Closing in on China’s massive trucking market, autonomous trucking outfit Plus.ai on Sept. 6 announced a joint venture with FAW Jiefang, China’s largest truck manufacturer, to develop self-driving big rigs for the world’s most populous country. The new venture, which builds on a two-year relationship between the two companies, also is launching its first product, […]

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