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Plus raises $200M in new funding to advance global commercialization of its automated trucks Plus (formerly Plus.ai), a provider of self-driving truck technology, completed a $200-million round of funding led by new investors Guotai Junan International, CPE, and Wanxiang International Investment. Existing investors including Full Truck Alliance (FTA) also participated. Plus plans to use the new funds to accelerate the global commercialization and deployment of its automated trucking system. As the company begins mass production in 2021, Plus will develop a sales and support network to help fleets integrate the Plus automated trucking system into their daily operations. The company will also scale deployments in the US and China, and expand internationally to Europe and other parts of Asia. Growing the talented engineering team will also allow Plus to continue the development of its automated driving technology. ....
MID North Motor Co will celebrate the end of an era as it farewells Holden from its fleet of car sales this Saturday (February 13). Signalling the end of a… ....
Press release content from Business Wire. The AP news staff was not involved in its creation. Plus Raises $200 Million in New Funding to Advance Global Commercialization of Its Automated Trucks February 10, 2021 GMT Plus Automated Trucks (Photo: Business Wire) CUPERTINO, Calif. (BUSINESS WIRE) Feb 10, 2021 Plus (formerly Plus.ai), a leading provider of self-driving truck technology, announced it has completed a $200 million round of funding led by new investors Guotai Junan International, CPE, and Wanxiang International Investment. Existing investors including Full Truck Alliance (FTA) also participated. ADVERTISEMENT Plus Automated Trucks (Photo: Business Wire) Plus plans to use the new funds to accelerate the global commercialization and deployment of its automated trucking system. As the company begins mass production in 2021, Plus will develop a sales and support network to help fleets integrate the Plus automated trucking system into their dai ....
NEW DELHI: TVS Motor Company on Thursday launched its electric scooter TVS iQube Electric in the capital priced at Rs 1,08,012 (post FAME II and Delhi state subsidy). TVS iQube Electric is equipped with 4.4 kW electric motor and has a maximum speed of 78 kmph and traverses 75 kms in single full charge. It can accelerate from 0 to 40 kmph in 4.2 seconds, the company said in a statement. It had earlier launched TVS iQube Electric in Bengaluru in January 2020 and said the vehicle has seen an enthusiastic response from customers despite the pandemic. TVS iQube Electric is a blend of an advanced electric drivetrain and the next-gen TVS SmartXonnect platform. After its success in Bengaluru, we are thrilled to bring our iQube to Delhi, and are confident to scale great heights, KN Radhakrishnan, Director and CEO - TVS Motor Company, said. ....