TuSimple Holdings Inc. - TSP STOCK NEWS

TuSimple (Nasdaq: TSP), a leading self-driving technology company based in San Diego, announced its participation in upcoming virtual investor events. On August 10 at 11 a.m. Hong Kong Time, management will host a fireside chat at the Morgan Stanley Nasdaq Virtual Investor Conference. The next day, on August 11 at 6:05 p.m. Eastern Time, they will engage in a fireside chat at the J.P. Morgan Auto Conference. Interested institutional investors can access the webcast on TuSimple's investor relations website.

TuSimple (Nasdaq: TSP) and Ryder (NYSE: R) have formed a groundbreaking partnership to utilize select Ryder fleet maintenance facilities as terminals in TuSimple's Autonomous Freight Network (AFN). This collaboration allows for expanded access to autonomous freight operations while leveraging Ryder's existing infrastructure, eliminating the need for new terminals. TuSimple currently operates over 50 autonomous trucks across Arizona, New Mexico, and Texas, with plans to extend services to the East Coast. The partnership positions both companies to capitalize on growing demand in the autonomous trucking sector.

TuSimple (Nasdaq: TSP) is set to announce its second quarter 2021 financial results on August 5, 2021, after market close. The company will hold a conference call at 2 p.m. Pacific Time to discuss the results, accessible via telephone and online. TuSimple, headquartered in San Diego, focuses on developing a fully autonomous driving solution for long-haul trucks, aiming to innovate the $4 trillion truck freight industry with advanced AI technology. For additional details, visit ir.tusimple.com.

TuSimple, a self-driving technology company based in San Diego, announced its participation in several upcoming virtual investor events. Key dates include:

• June 2: J.P. Morgan's Global China Summit at 10 PM ET.
• June 3: RBC Capital Markets Auto-Tech Virtual Bus Tour at 4 PM ET.
• June 8: 5th Annual Needham Virtual Automotive Tech Conference at 3:30 PM ET.
• June 16: Baird's Autonomous Day at 12 PM ET.
• June 22: One-on-one meetings at Credit Suisse Mobility Start-up Forum.

Webcasts available on TuSimple's website.

TuSimple announced an innovative logistics project in collaboration with The Giumarra Companies and Associated Wholesale Grocers (AWG) to enhance the fresh produce supply chain. On May 3, 2021, the companies successfully completed a pilot where TuSimple's autonomous technology expedited the transport of watermelons from Arizona to Oklahoma. The autonomous segment of over 900 miles was completed in 14 hours, 42% faster than traditional methods. This partnership aims to improve efficiency, reduce waste, and enhance food distribution to various communities, showcasing TuSimple's potential impact on the $4 trillion trucking industry.

TuSimple (Nasdaq: TSP), a leading global self-driving technology firm based in San Diego, has announced its participation in several upcoming virtual investor conferences. On May 20, management will present at the Bank of America Securities 2021 Conference at 4:00 PM ET, followed by one-on-one meetings. On May 25, they will host virtual meetings at J.P. Morgan's 49th Annual Conference. Lastly, on May 27 at 9:40 AM ET, TuSimple will present at the Wolfe Research Conference. The company focuses on developing Level 4 autonomous driving solutions for long-haul trucks.

TuSimple (TSP), a global self-driving technology company, announced its Q1 2021 financial results, detailing significant progress in AI technology and autonomous truck development. The company successfully raised $1 billion in its IPO, enhancing its financial capacity to innovate in autonomous trucking. CEO Cheng Lu highlighted partnerships in the autonomous vehicle ecosystem and the expansion of their Autonomous Freight Network, positioning TuSimple for continued growth in the $4 trillion truck freight industry.

On May 10, 2021, TuSimple (TSP) announced it has secured 6,775 reservations for new autonomous trucks developed in partnership with Navistar (NAV). Scheduled for production in 2024, these trucks will feature TuSimple's cutting-edge Level 4 autonomous driving system. Major companies like Penske, Schneider, and U.S. Xpress are among the first customers to place reservations, highlighting significant demand for autonomous technology. TuSimple's Autonomous Freight Network currently operates 50 L4 trucks, with plans to expand coast-to-coast by 2023, showcasing its commitment to transforming the freight industry.

TuSimple (Nasdaq: TSP) has partnered with Liberty Mutual Insurance to evaluate the safety of autonomous trucks compared to human-driven vehicles. Both companies aim to assess how autonomous technology can reduce truck-related fatalities, with TuSimple highlighting that most accidents result from human error. Currently, TuSimple operates a fleet of 50 Level 4 autonomous trucks across Arizona, New Mexico, and Texas, with plans for nationwide expansion by 2024. This collaboration is expected to enhance insurance solutions for companies using autonomous fleets.