China's TuSimple wins backing from US truck maker
TuSimple, a China and US-based developer of autonomous driving technology for trucks, has received equity funding from US truck manufacturer Navistar International and entered into a partnership with the company.
TuSimple, which was established in 2015 by California Institute of Technology graduate Xiaodi Hou, has raised more than $285 million from PE and VC investors. It achieved a valuation in excess of $1 billion...
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