Published:
April 02, 2021
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April 02, 2021
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Further Reading
Resilient Power receives $5 million from Amazon and GS Futures to accelerate electric vehicle charging infrastructure
News Commentary | December 21, 2021
The startup developer of solid‑state, transformer‑based fast‑charging systems for electric vehicles (EVs) received its first seed funding in a round led by Energy Transition Ventures and GS Futures, along with Amazon's climate pledge fund. Back in 2019, Amazon had placed an order of 100,000 Rivian ... Not part of subscription
Investment trends: Automated trucks
Research Brief | February 04, 2022
As we highlighted in our technology landscape, commercial trucking is a promising early implementation area of automated driving technology. This is because of the relative ease of operating on highways compared with urban areas, successful implementations in closed settings like warehouses, and the... Not part of subscription
Electric Vehicles
Tech Hub | February 23, 2022
Vehicles powered by electric motors instead of combustion engines, sourcing electricity from fuel cells, batteries, or other energy storage devices. Not part of subscription
by Lewie Roberts
TuSimple is developing Level 4 autonomous trucks and has operations and investments in both the U.S. and China. While there are some potential complications that may arise from its cross-U.S. and China investments, the most interesting point of the filing is the cost of its operations. With 50 trucks in the U.S. and 20 in China, the company incurred a loss from operations of "$177.9 million in 2020, more than double the loss of $84.8 million incurred in the previous year." Its 2020 revenue reached $1.8 million. Obviously, every autonomous vehicle (AV) group is different, but clients should use these data points for making estimations and for comparison of other AV companies.
For the original news article, click here .