July 20, 2020: Navistar International Corporation, a producer of International® brand commercial trucks, proprietary diesel engines and IC Bus® brand school and commercial buses, and TuSimple, a global self-driving technology company, have announced that the two entities have entered into a strategic partnership to co-develop SAE Level 4 self-driving trucks targeted for production by 2024. The strategic partnership is the result of a successful technical relationship between the companies for more than two years. In addition, Navistar has taken a minority stake in TuSimple.
This partnership propels TuSimple’s aims to transform the $800 billion US trucking industry by enhancing safety, increasing efficiency and significantly reducing operating costs. Last December, TuSimple announced the results of a study conducted at the University of California San Diego that show the company’s autonomous driving technology reduced fuel consumption in heavy-duty trucks by 10% when compared to traditional operations.
Source: Exim India
