Autonomous Trucks
Senior, a Chinese autonomous vehicle company, has recently announced the completion of a strategic funding round led by NWS Holdings. Founded in April 2020, Senior specializes in port-based logistics, and aims to revolutionize the sector using its autonomous driving technology. Requirements for truck drivers are also exceptionally high, resulting in a near doubling of salaries and a shortage of manpower. The cost of employing truck drivers account for more than 50% of the total operating costs incurred by domestic ports. Beyond financial support, NWS Holdings will also collaborate with Senior to unlock new horizons for global market penetration.