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News, Analysis & Perspective on Autonomous Vehicles

Plus raises $200 million to develop its autonomous truck platform

Plus, a startup developing autonomous truck technology, today announced it has completed a $200 million series B round led by new investors Guotai Junan, Hedosophia, and Wanxiang. Plus plans to use the funds to accelerate the commercialization and deployment of its automated trucking system. As the company begins mass production in 2021, Plus says it will develop a sales, engineering, and support network to help fleets integrate its platform into their daily operations. The company will also scale deployments in the U.S. and China and expand to Europe and other parts of Asia.

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