Autonomous trucking know-how firm TuSimple and truck producer Navistar have scrapped their deal to co-develop self-driving vehicles, the businesses mentioned Monday. Neither firm supplied a motive for ending the partnership.
Two years in the past, TuSimple and Navistar had agreed to collectively develop and produce purpose-built autonomous semi vehicles by 2024; this is able to be a transfer away from retrofitting current vehicles with autonomous sensors and know-how. Navistar purchased an undisclosed stake in TuSimple on the time, and continues to be a shareholder within the firm.
TuSimple has obtained near 7,000 reservations for its Navistar vehicles with clients like DHL Provide Chain, Schneider and U.S. Xpress. It’s not clear if any of these orders will likely be fulfilled now. Neither firm responded to TechCrunch for remark, however a press release from the businesses states, “The choice to finish the event settlement doesn’t preclude the businesses from working collectively sooner or later.”
TuSimple acknowledged in October that it plans to realize commercialization in 2023.
The transfer to finish the partnership comes lower than a month after Cheng Lu returned to his position as CEO of TuSimple after beforehand being ousted. The return of Lu got here days after the corporate fired his predecessor following an inner probe that confirmed sure staff having ties and sharing info with Hydron, a China-backed hydrogen-powered trucking firm.