Goodyear Ventures Invests In Autonomous Trucking Company TuSimple
Goodyear Ventures has announced its investment in TuSimple, a leader in autonomous trucking technology, as part of its strategy to innovate logistics. TuSimple operates self-driving trucks across multiple regions, aiming to enhance safety, reduce costs, and lower carbon emissions. This investment builds upon a previously established partnership between Goodyear and TuSimple focused on providing tire management solutions for TuSimple's Autonomous Freight Network. Goodyear's involvement aims to optimize maintenance and sustainability for autonomous fleets.
- Investment in TuSimple enhances Goodyear's position in the autonomous trucking sector.
- Collaboration with TuSimple on tire management solutions may lead to better fleet efficiency and reduced carbon footprint.
- None.
AKRON, Ohio, Feb. 4, 2021 /PRNewswire/ -- Goodyear Ventures has added TuSimple, a global autonomous trucking technology company, to its growing investment portfolio.
TuSimple operates self-driving trucks out of their facilities in Arizona, Texas, China, Japan and Europe using an ecosystem made up of digital maps, strategic terminals and an autonomous fleet operations system. Driven by a mission to increase safety, decrease transportation costs and reduce carbon emissions, TuSimple is developing a commercial-ready Level 4 autonomous driving solution to transform the logistics industry.
Last year, Goodyear announced a strategic partnership to provide tires and tire management solutions to TuSimple's Autonomous Freight Network (AFN), the world's first autonomous network. As an AFN partner, Goodyear will conduct wear studies to better predict maintenance, understand tire longevity and reduce the carbon impact of fleets.
"We are excited to build upon Goodyear's relationship with TuSimple through this investment," said Abhijit Ganguly, senior manager, Goodyear Ventures. "TuSimple's autonomous technology, combined with its vision of autonomous freight as a service, has the potential to create a lot of value in the commercial freight industry."
To learn more about Goodyear Ventures, visit www.goodyearventures.com. For more information about TuSimple, go to www.tusimple.com.
About The Goodyear Tire & Rubber Company
Goodyear (NASDAQ: GT) is one of the world's largest tire companies. It employs about 62,000 people and manufactures its products in 46 facilities in 21 countries around the world. Its two Innovation Centers in Akron, Ohio, and Colmar-Berg, Luxembourg, strive to develop state-of-the-art products and services that set the technology and performance standard for the industry. For more information about Goodyear and its products, go to www.goodyear.com/corporate.
About TuSimple
TuSimple is a global autonomous driving technology company, headquartered in San Diego, California with operations in Arizona, Texas, China, Japan, and Europe. TuSimple aims to transform the
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SOURCE The Goodyear Tire & Rubber Company
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