Autonomous Driving Startup Plus May Split Chinese Team, Mulls Listing


Autonomous Trucks

ARTICLE SOURCE

Plus, a self-driving truck company, may initiate its US listing plan again by merging its Chinese business into Full Truck Alliance, a digital freight platform. Later on, Full Truck Alliance will merge Plus China into Suzhou Zhito Technology, a self-driving truck company jointly founded by Plus and FAW Jiefang in September 2019, local media outlet Cybercar reported on February 14. At that time, TuSimple, a self-driving truck company listed in the US with businesses in China, was being continuously investigated by the US. As the future acquirer of Plus China, Full Truck Alliance has a long history with Plus both at the capital level and at the business level. Full Truck Alliance has participated in many rounds of financing of Plus.