- Fully Driverless Test License awarded by Pudong New Area of
Shanghai.
- TuSimple can now conduct SAE Level 4 fully autonomous
Driver Out testing in the designated test areas of Yangshan
Deep-water Port and Donghai
Bridge.
- TuSimple China has accumulated test mileage of over 600,000
kilometers and achieved zero incidents and road
violations.
SHANGHAI, June 8, 2023
/PRNewswire/ -- TuSimple Holdings, Inc. ("TuSimple") (Nasdaq: TSP),
a global autonomous driving technology company, today announced it
has been awarded a fully driverless test license by the Pudong New
Area of Shanghai in China. TuSimple is among the first batch of
companies to be awarded, thus enabling the Company to conduct SAE
Level 4 fully autonomous Driver Out testing in the designated test
areas of Yangshan Deep-water Port and Donghai Bridge. Shanghai is also set to become the first city
in China to pass legislation to
allow Level 4 fully driverless testing of autonomous trucks.
In February 2023, Shanghai officially launched and implemented
the "Implementation Rules for Promoting the Innovation and
Application of Fully Driverless Intelligent Connected Vehicles",
which is the first local legislation in China focused on the innovation and
application of fully driverless intelligent and connected vehicles.
It provides a legal foundation and institutional support for fully
driverless intelligent connected vehicles to carry out various
innovation and application activities such as on-road testing,
demonstrations, and commercial operations in Lingang New Area.
The process of obtaining this fully driverless license included
a series of meticulous technical validation tests, including
closed-area scenario testing, system simulation testing,
cybersecurity testing, and open-road testing over thousands of
kilometers without human intervention. Safety was a key component
in the validation tests, encompassing comprehensive safety
management systems, emergency response plans, and other measures to
help ensure the safety, dependability, and compliance of the
autonomous driving system.
In 2018, TuSimple China, a subsidiary of TuSimple, commenced
autonomous testing activities in Lingang New Area of Shanghai. As of June
2023, TuSimple China has accumulated test mileage of over
600,000 kilometers and achieved zero incidents and road violations.
This fully driverless license in China will enable TuSimple to build upon its
achievement in the United States
where it completed the world's first fully autonomous semi-truck
run on public roads without any human intervention.
"We are very honored to receive the first batch of Level 4 fully
driverless autonomous driving test licenses in China," said Cheng Lu, President and CEO of
TuSimple. "This is a validation of TuSimple's autonomous driving
technology and safety standards and will also accelerate the
commercialization of autonomous truck technology in the Chinese
market."
About TuSimple
TuSimple is a global autonomous driving technology company
headquartered in San Diego,
California, with operations in the
United States and Asia.
Founded in 2015, TuSimple is developing a commercial-ready, fully
autonomous (SAE Level 4) driving solution for long-haul heavy-duty
trucks. TuSimple aims to transform the $4
trillion global truck freight industry through the company's
leading AI technology, which makes it possible for trucks to drive
safely autonomously, operate nearly continuously, and reduce fuel
consumption by 10%+ relative to manually driven trucks. Global
achievements include the world's first fully autonomous,
'driver-out' semi-truck run on open public roads, and development
of the world's first Autonomous Freight Network (AFN). Visit us at
www.tusimple.com.
Forward-Looking Statements
This press release contains forward-looking statements. These
statements are based on current expectations as of the date of this
press release and involve a number of risks and uncertainties,
which may cause results to differ materially from those indicated
by these forward-looking statements. Many important factors could
cause actual future events to differ materially from the
forward-looking statements in this press release, including but not
limited to, autonomous driving being an emerging technology, the
development of the Company's technologies and products, the
Company's limited operating history in a new market, the
regulations governing autonomous vehicles, changes in the Company's
board of directors and senior management, the Company's dependence
on its senior management team, reliance on third-party suppliers,
potential product liability or warranty claims, the protection of
the Company's intellectual property, securities class action
litigation, the Company's ability to regain compliance with Nasdaq
listing standards, and government or regulatory policies, inquiries
and actions. Moreover, the Company operates in a competitive and
rapidly changing environment, and new risks may emerge from time to
time. The foregoing list of factors is not exhaustive.
You should carefully consider the foregoing factors and the
other risks and uncertainties described under the caption "Risk
Factors" in our most recent annual report on Form 10-K, filed with
the SEC on February 24, 2022, and the
Company's other filings with the SEC. These SEC filings identify
and address other important risks and uncertainties that could
cause actual events and results to differ materially from those
contained in the forward-looking statements. Forward-looking
statements speak only as of the date they are made. Readers are
cautioned not to put undue reliance on forward-looking statements,
and we assume no obligation and do not intend to update or revise
these forward-looking statements, whether as a result of new
information, future events, or otherwise. We do not give any
assurance that we will achieve our expectations.
TuSimple Investor Relations
Ryan Amerman
(ryan.amerman@tusimple.ai)
TuSimple Media Relations
pr@tusimple.ai
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SOURCE TuSimple Holdings, Inc.