Bosch Invests in Chinese Autonomous Truck Startup
Robert Bosch GmbH’s venture capital unit has made an unspecified investment in Beijing-based Trunk Technologies Ltd., a Chinese startup that specializes in autonomous driving and remote-control technologies for commercial trucks.
Robert Bosch GmbH has made an unspecified investment in Beijing-based Trunk Technologies Ltd., a Chinese startup that specializes in autonomous driving and remote-control technologies for commercial trucks.
Trunk provides integrated hardware and software systems that use artificial intelligence. The technology is designed specifically for logistics applications such as container transportation at ports and warehouses.
Trunk claims it is the first company to go into production with autonomous trucking systems for the container logistics market. The company is working with China Merchant Port (China’s largest port operator), Sinotruck and Tianjin Port.
Founded in 2017, Trunk’s management is said to consist of a mix of automotive veterans, AI experts and logistics executives. Other investors include iFlyTek—an AI company—and a pair of investment firms that specialize in logistics and related markets.
While at the Tokyo Motor Show this week various vehicle manufacturers were showing off all manner of cars and crossovers and transportation devices that typically had to do with something autonomous, connected and/or electrified (ACE, as CAR’s Brett Smith categorizes this burgeoning field), the guys from Chevy were in El Segundo, California, showing off a different take on what can best be described as “toys for boys”—boys who do or don’t have driver’s licenses.
Hyundai Motor Co. is looking for a domestic partner to mass-produce the fold-up Ioniq electric scooter it unveiled at last year’s CES show in Las Vegas, a source tells The Korea Herald.
Additive manufacturing (AM) is just one manufacturing method that drives advanced mobility forward and also has a history of embracing the digital connectivity demanded by this trend.