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Volkswagen’s Traton, TuSimple Team Up for Autonomous Trucks

September 24th, 2020

Volkswagen’s VWAGY truck arm Traton SE recently entered into a global partnership with TuSimple for developing self-driving trucks. As part of the deal, Traton has also purchased a minority stake in TuSimple, making it one of the four main investors in the company. Financial terms of the deal and the size of the stake remain undisclosed.