Caixin
Feb 25, 2022 05:22 AM
BUSINESS

Driverless Truck Startup TuSimple Settles U.S. Security Probe

Established in 2015 with $800 million investments from both sides of the Pacific, TuSimple specializes in research and development of Level 4 autonomous driving technology for trucks
Established in 2015 with $800 million investments from both sides of the Pacific, TuSimple specializes in research and development of Level 4 autonomous driving technology for trucks

Self-driving truck startup TuSimple Holdings Inc. reached a settlement with U.S. authorities to end a national security probe targeting the company’s data operations and China links.

The San Diego, California-based startup was funded in large part by an affiliate of Sina Corp., the operator of China’s Twitter-like social media platform Weibo Corp., and has major business operations in China. Backers of the company also include U.S. logistics giant UPS, tech leader Nvidia and CDH Investments.

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