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<IPO>CN Robovan Operator, Zelos Technology, Reportedly Plans HK IPO to Raise ~USD600M
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Chinese robovan operator, Zelos Technology, is planning to list in Hong Kong, which may raise approx. US$600 million, Bloomberg quoted insiders as saying. The Company is in discussions with banks regarding the potential listing. Founded in 2021, Zelos Technology operates more than 25,000 vehicles in mainland China, providing L4 (highly automated) delivery trucks. Cainiao, the logistics arm of Alibaba Group Holding Limited, became a shareholder in the Company this year through a capital injection of an undisclosed amount. Auto-translated by AI AASTOCKS Financial News |
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Apr 23, 2026 · via aastocks.com
Rivian Has Started R2 Production. Customer Deliveries Are 'On Track' For This Spring Rivian prepares for its Tesla moment as the R2 production officially kicks off. Deliveries are "on track" for later this spring. - Rivian has officially kicked off production of the R2 this week. - The automaker says that deliveries will begin later this spring. - Those who reserved an R2 will be invited to configure their vehicles starting in June. The Rivian R2 has finally entered production, the company announced on Wednesday. Just days after a tornado tore off part of the roof in the section of its Normal, Illinois, factory that is dedicated to R2 production, the automaker haa actual customer cars rolling off the line. In a blog post, Rivian said it is "on track" for customer deliveries to begin later this spring. "As these first vehicles undergo their final quality and validation checks internally, our focus is sharpening toward the next big horizon: public customer deliveries," Rivian said. Rivian CFO Claire McDonough told Reuters that customers will receive their invitations to configure their R2s beginning in June. Deliveries of the Model-Y-sized crossover will begin with the Launch Edition of the R2 Performance. This $57,990 trim packs a 3.6-second zero-to-60 MPH sprint thanks to its dual-motors pumping out 656 horsepower, and a competent 330 miles of range. It also gets semi-active suspension, rear drop glass, dynamic lighting, and other creature comforts. Rivian will launch a lower-cost Premium trim in late 2026 for $53,990, followed by its R2 Standard (priced at $48,490) in the first half of 2027. Its promised $45,000 model won't arrive until late 2027, Rivian has said. By that time, Rivian's cost savings on the R2 is expected to be substantial. In fact, McDonough says that once the R2 reaches its full production
Apr 22, 2026 · via insideevs.com
Texas legislators took notice of the surge in automated motor vehicles using state roadways and took action to support their operations while ensuring safety and compliance. Last year, legislators passed Senate Bill 2807, which requires companies that operate automated motor vehicles commercially in Texas to transport goods or passengers to obtain authorization from the Texas Department of Motor Vehicles. Advertisement Article continues below this ad The department is currently accepting applications for the authorization before statewide enforcement begins on May 28. The new application system establishes a statewide framework for commercial automated motor vehicle operations and compliance with safety, legal and reporting requirements on public roads. Dan Goff, vice president of external affairs at Kodiak Robotics, said this legislation replaces legislation passed in 2017 that made Texas one of the first states to authorize automated vehicles. “We know more about how to regulate automated vehicles,” he told the Reporter-Telegram in a telephone interview. Advertisement Article continues below this ad Goff said his company supports the new legislation, calling it a great step forward in overseeing automated vehicles. Kodiak intends to submit its application in the coming days, he said. “This provides a more permanent structure for the industry. That’s the goal and Texas legislation has succeeded in bringing companies like Kodiak to Texas,” he continued. The company was operating 20 autonomous trucks in the Permian Basin as of the end of 2025, delivering frac sand throughout the region. “They’re working around the clock, which reflects how the industry operates,” he said. Advertisement Article continues below this ad One of the top areas for the industry to focus on is ensuring interactions with first responders go smoothly, Goff said. Kodiak employs retired law enforcement officers who help train first responders to understand how automated vehicles operate and how to interact with
Apr 22, 2026 · via mrt.com
The first thing that struck me about the redesigned Volvo VNR wasn’t what had changed. It was how familiar it felt. Volvo Redesigns the VNR With Drivers and Tight Turns in Mind At Volvo’s New River Valley customer center, the all-new VNR proves that maneuverability, safety, and driver confidence can coexist in a regional-haul workhorse. Parked at Volvo Trucks’ Customer Center here in Virginia, the new VNR carries a strong family resemblance to the recently redesigned VNL. That’s no accident. The two trucks now share a common platform and underlying architecture, bringing Volvo’s latest technologies, safety systems, and design philosophy into the regional-haul segment. But while the DNA may be shared, the mission is not. “The VNL is our flagship,” said Maddie Sullivan, product marketing manager for Volvo Trucks North America. “But the VNR has incredible maneuverability and the ability to adapt to its environment.” That adaptability was on full display during my test drive, which included both a road course and a simulated urban track designed to replicate the tight, unpredictable conditions regional-haul drivers face every day. Designed for Tight Spaces and Real Work Climbing into the VNR is easy and secure. The steps and grab-handles are ergonomically spaced for safe and easy entry and exits in and out of the cab. And that’s an important detail for a truck built around frequent stops and starts. Within seconds, I had the seat and steering wheel dialed in and felt completely at home behind the wheel. From the driver’s seat, the forward visibility is exceptional. A feature that is one of the VNR’s defining traits. The view over the nose is remarkably similar to what you’d expect to see sitting in a cabover. It’s that good. That visibility advantage starts with the VNR’s flatter hood design, which isn’t just a
Apr 22, 2026 · via truckinginfo.com
The Smart Car Is Finally Tiny Again It has more than double the range of the old electric ForTwo. The Breakdown - The Smart ForTwo returns with a new name: Smart #2. - This concept will be followed by a production model in September. - Designed by Mercedes, the new two-door EV is estimated to offer 186 miles of range. The Smart brand has changed radically since 2019, when Mercedes and Geely established a 50:50 joint venture. Production now takes place exclusively in China, and all models are significantly larger and heavier than their predecessors. The company currently has a pair of SUVs and even a sedan nearly as long as the current-generation E-Class. The new Smart #2 marks a return to form, successfully reviving the spirit of the original ForTwo in both styling and footprint. Designed by Mercedes, the tiny two-door hatchback clearly pays homage to its predecessor, which debuted in 1999 and spanned three generations before being retired in 2024. While earlier models offered gasoline and even diesel engines, the fourth generation will be exclusively electric. The Smart #2 picks up where the EQ ForTwo left off, featuring pronounced wheel arches and extremely short overhangs. Some design elements are deliberately exaggerated, as this is still a concept. The production version will debut in October at the Paris Motor Show. It will be built from the ground up as an EV on what Smart calls the Electric Compact Architecture (ECA) platform. While the old EQ ForTwo managed just 84 miles (135 kilometers) on a single charge, its spiritual successor targets more than double that figure: 186 miles (300 kilometers). However, this range estimate comes from Smart and is not WLTP-certified. Even so, a substantial improvement over its predecessor is expected, given the rapid advancements in battery technology in recent
Apr 22, 2026 · via motor1.com
PlusAI and Churchill Capital Corp IX have mutually agreed to terminate a merger agreement citing market conditions, according to an April 21 securities filing. The parties agreed to end the deal on April 20, per the filing. The move comes ahead of a previously scheduled April 24 general shareholders meeting, which now is canceled. Despite the setback, PlusAI remains “committed to and focused on the commercial launch of autonomous trucks in 2027, starting in Texas and growing from there,” a company spokesperson said in an email to Trucking Dive. Terminating the merger will not affect PlusAI’s partnership with Traton Group, the spokesperson said. The Volkswagen Group affiliate in January pledged $25 million to aid the company in scaling production of autonomous trucks. PlusAI continues to demonstrate significant commercial momentum and remains positioned for long-term growth, the company said in a statement. The company’s other partners include International brands, Hyundai Motor Co., Iveco Group, NVIDIA, Bosch, DSV and Goodyear. However, the North American Council for Freight Efficiency in a blog post previously noted the financial implications of autonomous trucking are multifaceted and involve significant initial investments and well as long-term savings. Stakeholders should consider the costs and stay informed about technology advancements and regulatory developments, the group said. “As the industry continues to evolve, the financial landscape of autonomous trucking will likely become clearer, offering new opportunities for those willing to embrace this cutting-edge technology,” Dean Bushey, NACFE’s director of programs, wrote in the blog. Nonetheless, David Liu, PlusAI CEO and co-founder, in a statement said the company expects revenue growth this year and continued growth in 2027. The recent launch of the latest version of its SuperDrive autonomous driving software is proving itself in commercial operations today, Liu said. During a business update call on April 7, Liu noted its
Apr 22, 2026 · via truckingdive.com
GM Just Postponed The Next-Gen Chevy Silverado EV, GMC Hummer EV, And GMC Sierra EV: Report (Updated) The current Silverado EV, Sierra EV, and Hummer EV successors are on hold, a report said Wednesday. General Motors has delayed its planned next-generation electric trucks, leaving the Chevrolet Silverado EV, GMC Sierra EV, and GMC Hummer EV with no planned direct successor, Crain's Detroit Business reported on Tuesday. [Correction: Tuesday April 21, 7:28 ET: An original version of this story mistakenly reported that GM had confirmed the news, and that the trucks were canceled. The company has not, and the story is based on sources cited by Crain's, who claim the program is suspended.] This would be a massive reversal for a company that has aggressively pursued the market for large, high-range electric trucks and SUVs. Versions of the Chevrolet and GMC trucks can go over 400 miles on a charge and weigh over 9,000 pounds. They are massive, excessive, expensive products, with unmatched towing range, tons of power, and 350-kilowatt fast charging. Gallery: 2026 GMC Hummer EV Unfortunately, though, it looks like that may not be enough in today's electric truck market. Ford has already canceled the all-electric F-150 Lightning and its planned electric successor. Crosstown rival Ram also killed the purely electric version of its 1500 truck, with both it and Ford opting to build "extended range electric vehicle" versions instead. GM wouldn't confirm to Crain's if it was pursuing the same path, merely said that it hasn't canceled any of its electric trucks. "GM has not cancelled any electric trucks," GM spokesman Kevin Kelly told InsideEVs via email. "EVs remain the end game for GM and we are firmly committed to our award-winning electric truck and SUV portfolio, along with our advanced technology roadmap." Gallery: 2026 Chevrolet Silverado EV
Apr 22, 2026 · via insideevs.com
Gasgoo Munich-Gasgoo reported on April 21 that DeepWay has secured a significant injection in its latest Pre-IPO round. The company has now raised more than $310 million in total — marking the largest single financing round in the autonomous heavy-duty truck sector in five years. The round was led by the UAE's Stone Capital, with participation from prominent Australian pension fund NGS Super and Xiamen Guosheng Fund. Existing backers ABC Impact, an Asian impact private equity fund, and Nanjing Ronghe Venture Capital also increased their stakes. Proceeds will primarily fuel DeepWay's autonomous driving R&D and the global commercial rollout of its unmanned freight robots. Founded in 2020 and headquartered in Hefei, DeepWay specializes in new energy heavy-duty trucks and smart highway freight solutions. It stands as the first company globally to engineer smart new energy heavy trucks from the ground up and achieve mass delivery. Notably, DeepWay secured a "white-box" autonomous technology license from Baidu at its inception — the only such authorization Baidu has granted for commercial vehicles. This made DeepWay the first company to materialize Baidu's "Apollo X Plan." The startup was founded by Wan Jun, who also established Shiqiao Group, while its CTO, Tian Shan, previously led Baidu's commercial vehicle autonomous driving unit. About Seeds Discovery: Gasgoo's Seeds Discovery column is designed to connect startups with ecosystem partners, investors, and local governments, empowering the entire automotive supply chain. Since its launch, the initiative has sought out innovative companies, technologies, and business models that are shaping the intelligent transformation of the industry. According to Gasgoo, nearly every startup featured in Seeds Discovery has successfully integrated with key industrial ecosystem resources.
Apr 22, 2026 · via autonews.gasgoo.com
Komatsu’s 1,000 autonomous ultra-class trucks: haul road design notes for engineers Reviewed by Tom Sullivan First reported on International Mining – News 30 Second Briefing Komatsu has commissioned its 1,000th autonomous ultra-class haul truck fitted with the FrontRunner Autonomous Haulage System, marking a major scale-up of driverless haulage fleets since its first commercial deployment in 2008. FrontRunner is now operating across multiple large open-pit mines, integrating with fleet management, high-precision GPS and obstacle detection to control truck speed, loading points and dump locations. For mine planners and geotechnical teams, the growing density of autonomous 220–400 t class trucks intensifies requirements for precisely designed haul road geometry, berms and traffic management to maintain system performance. Technical Brief - Collision-avoidance and obstacle-detection sensors are integrated with truck control, constraining allowable berm encroachments and windrow gaps. - System logic enforces fixed loading and dumping envelopes, tightening tolerances on shovel pad geometry and dump crest stability. - Autonomous speed and spacing rules increase sensitivity to haul road rutting, potholes and localised differential settlement. - Geotechnical monitoring near dumps and ramps must account for continuous, uniform traffic patterns rather than variable human driving. Our Take Komatsu’s milestone in commissioning 1,000 autonomous ultra-class trucks sits alongside other recent product moves in our database, such as the PC9000-12 launch, signalling a push to pair autonomy with larger loading tools for very high‑throughput mines. The 2008 start date for Komatsu’s commercial autonomous solution gives it one of the longest operating datasets among OEMs in our Mining coverage, which likely strengthens its pitch on proven safety and productivity performance to fleet buyers like Tungsten West at Hemerdon. With Komatsu equipment also being deployed in UK projects from Hemerdon’s tungsten–tin restart to civil works covered in New Civil Engineer, widespread familiarity with the brand may ease acceptance of autonomous haulage
Apr 22, 2026 · via geomechanics.io
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Apr 21, 2026 · via youtube.com
Komatsu becomes first OEM to commission 1,000 ultra-class autonomous haul trucks Komatsu has reached a historic milestone in autonomous mining, commissioning its 1,000th autonomous ultra-class haul truck equipped with the company’s industry-leading FrontRunner autonomous haulage system. The milestone reinforces Komatsu’s position as the pioneer and global leader in autonomous haulage, having been first to market with a commercial autonomous mining solution in 2008 and now the first OEM to commission 1,000 autonomous ultra-class trucks worldwide. The 1,000th commissioned autonomous haul truck is a Komatsu 930E-5AT, an ultra-class electric drive truck (EDT) with a 290-metric-ton payload, deployed at Barrick’s Nevada Gold Mines operation in the United States, marking a significant milestone that extends Komatsu’s autonomous haulage into gold mining with a key strategic partner. The 930E-5AT is part of Komatsu’s electric drive haul truck lineup that underpins FrontRunner deployments around the world. The 930E ultra-class EDT stands as the most widely deployed model, representing more than 500 autonomous trucks across customer sites today. Beyond haulage, Komatsu continues to expand automation across mine-site operations, including autonomous water trucks to help further improve safety, reduce manual equipment interactions and support road maintenance. Additional autonomous and remotely operated equipment within Komatsu’s unified control and fleet management framework extends automation beyond individual machines to deliver mine-wide performance gains at the system level. Since its commercial introduction, Komatsu customers using FrontRunner have collectively moved over 11.5 billion metric tons of material, demonstrating the scale, reliability and productivity of autonomous haulage across some of the world’s most demanding mining environments. Deployed at mine sites across North America, South America, Australia and Europe, FrontRunner’s global footprint and support infrastructure spans diverse commodities and operating conditions. Beyond operational performance, FrontRunner generated approximately $2.4 billion in social impact globally in 2024 based on impact accounting methodologies developed jointly by Capitals
Apr 21, 2026 · via mining.com
The Elements of Innovation Discovered Metal Tech News - April 21, 2026 Marking a new milestone for one of mining's longest-running automation platforms, Komatsu April 21 reported that it has commissioned its 1,000th ultra-class haul truck equipped with the FrontRunner Autonomous Haulage System, with the latest unit deployed at Barrick's Nevada Gold Mines in the United States. First brought to market in 2008, FrontRunner was the first commercial autonomous haulage solution introduced to the mining industry and has since been deployed at mine sites across North America, South America, Australia, and Europe. Over that time, Komatsu has continued broadening the role of automation at the mine site, extending beyond haulage into equipment such as autonomous water trucks and other remotely operated machines tied together through a unified control and fleet management framework. Within that fleet, the Komatsu 930E has become the company's most widely deployed autonomous truck platform. According to the company, more than 500 autonomous trucks currently operating at customer sites are 930E models, and the 1,000th truck commissioned under FrontRunner is a 930E-5AT, an ultra-class electric-drive truck capable of hauling 290 metric tons per load. Deployed at Barrick's Nevada Gold Mines, the 1,000th truck also marks what Komatsu says is a significant step in extending autonomous haulage into gold mining with a key strategic partner. "Commissioning our 1,000th autonomous haul truck is a defining moment for Komatsu and for the mining industry," said Peter Salditt, president of Komatsu's Mining Business Division and CEO of Komatsu Mining Corporation. "It reflects nearly two decades of innovation, collaboration with our customers and a relentless focus on creating real operational value." Since the commercial launch of FrontRunner, customers using the system have collectively moved more than 11.5 billion metric tons of material. Komatsu says the platform also delivered roughly $2.4 billion in
Apr 21, 2026 · via metaltechnews.com
Read More Hutchison Port Holdings Trust has launched Hong Kong’s first zero-emission autonomous truck fleet, marking a major step toward smarter and greener port operations. ADVERTISEMENT SCROLL TO CONTINUE WITH CONTENT After trials starting in mid-2023, the six AI-powered trucks began operations this year between Terminals 4 and 6 in Kwai Tsing alongside conventional vehicles, using advanced sensors and cameras to navigate in all weather and around the clock to handle loading and unloading tasks. Raymond Lam Wai-kui, director of operations at Hongkong International Terminals, said safety is paramount and the trucks’ multiple sensors detect real-time changes, automatically slowing down or stopping for obstacles. A range of safety features, including emergency stop rods and LED displays, allow real-time monitoring and communication with staff, he added. The trucks match conventional vehicles in speed and load, but gain efficiency through smart route planning and reduced idle times. Lam said the trucks coordinate precisely with port cranes via real-time data to ensure accurate stops. The autonomous trucks currently represent a small portion of the fleet, with about 90 percent of trucks still manually driven. The group plans to gradually increase the ratio across Terminals 7, 8, and 9 based on performance, without setting a fixed target. The trucks support battery swapping, with future plans to reduce charging times to under 10 minutes as the fleet expands. Lam said that while similar autonomous technology has already been deployed at several of the group’s overseas ports, Hong Kong remains a vital hub for further rollout.
Apr 21, 2026 · via thestandard.com.hk
PlusAI and Churchill Capital Corp IX Terminate Business Combination PlusAI business has strong momentum with growing revenue and multiple operational milestones expected in 2026; Existing investors support next capital raise PlusAI continues to demonstrate significant commercial momentum and remains strongly positioned for long-term growth. Existing PlusAI investors support PlusAI’s continued growth and commercialization plans, reflecting their confidence in the company’s business strength and technology leadership. “Our business has significant momentum. With strong expected revenue in 2026 and continued growth on the horizon in 2027, we are executing on our strategy and delivering real value to our customers. SuperDrive™ is proving itself in commercial operations today and HyperFoundry is picking up momentum. The trajectory ahead gives us tremendous confidence in where PlusAI is headed. The support from our existing investors on our next capital raise is a direct reflection of their conviction in our business fundamentals and our technology,” said About PlusAI PlusAI is an artificial intelligence company pioneering AI-based virtual driver software for factory-built autonomous trucks. Headquartered in Forward-Looking Statements This press release includes “forward-looking statements” within the meaning of the federal securities laws. Forward-looking statements may be identified by the use of words such as “plan,” “project,” “will,” “estimate,” “intend,” “expect,” “believe,” “target,” “continue,” “could,” “may,” “might,” “possible,” “potential,” “predict” or similar expressions. These forward-looking statements are based on current expectations and projections about future events and are subject to known and unknown risks and uncertainties that may cause actual results to differ materially. Such statements include projections regarding revenue, commercial deployments, investor funding, and the timing and terms of any future public offering. PlusAI assumes no obligation to update these forward-looking statements. View source version on businesswire.com: https://www.businesswire.com/news/home/20260421921727/en/ Investors Contact ir@plus.ai Media Contact pr@plus.ai Source: PlusAI
Apr 21, 2026 · via markets.ft.com
A new entrant in autonomous trucking is taking a different route to commercialization: removing the cab entirely. Autonomous Start-Up Humble Announces Cabless Autonomous Electric Hauler A new autonomous truck startup company is targeting yard, port, and short-haul freight with a lighter, fully autonomous platform designed for dock-to-dock moves. Humble, a San Francisco-based startup, emerged from stealth mode on April 21 by announcing a fully autonomous, cabless, battery-electric freight hauler. The company also said it has raised $24 million in seed funding. The funding round was led by Eclipse, with participation from Energy Impact Partners and other investors. Humble said its approach is focused on purpose-built, driverless equipment for controlled logistics environments. The company believes its freight hauler solution could accelerate adoption of autonomy in freight operations that have so far resisted large-scale deployment. A Cabless Platform Built for Freight Efficiency The Humble Hauler is designed from the ground up as a modular, autonomous freight platform rather than a retrofitted Class 8 tractor. Its first application targets container movement in environments such as warehouses, railyards, and seaports. By eliminating the cab, Humble said the vehicle is significantly lighter than a traditional tractor-trailer combination. That reduction in weight can translate into higher payload efficiency and lower operating costs, while also enabling new use cases where conventional trucks are less practical. The platform is designed to adapt to different cargo types and logistics workflows, positioning it as a flexible solution for industrial and intermodal operations. Designed for Dock-to-Dock Autonomy Humble’s system combines cameras, Lidar, and radar to provide 360-degree visibility, supporting what the company describes as true dock-to-dock autonomous operation. At the core of the autonomy stack are vision-language-action (VLA) models, a newer approach in artificial intelligence that enables machines to interpret complex environments and make decisions in unfamiliar scenarios. The company says
Apr 21, 2026 · via truckinginfo.com
DeepWay, a developer of intelligent new energy heavy-duty trucks and smart freight solutions, has closed the second tranche of its Pre-IPO financing, bringing the total raised in the Pre-IPO phase to $310 million ahead of a planned IPO. The latest tranche was led by Stone Venture, with participation from NGS Super and Xiamen Guosheng Fund, while existing investors including ABC Impact and Nanjing Ronghe Venture Capital increased their investment. The proceeds will support the company’s core operations, continued technology development, and global business expansion. The financing marks a notable vote of confidence from overseas strategic investors in the commercialization potential of intelligent electric trucking. DeepWay said the new investors bring not only capital, but also access to international business networks that can support its overseas growth in the years ahead. Founded in 2020, DeepWay focuses on forward-engineered electric heavy-duty trucks designed for commercial freight scenarios. The company says it is the first in China, and among the first globally, to develop and scale intelligent new energy heavy-duty truck solutions through a forward-engineering approach, rather than retrofitting legacy diesel truck platforms. By June 30, 2025, DeepWay had delivered approximately 6,400 vehicles, all from commercial orders. Its deliveries reached 509 units in 2023, 3,002 units in 2024, and 2,873 units in the first half of 2025, underscoring a rapid commercialization trajectory. The company’s trucks are built around a proprietary electric drivetrain and control architecture, with a focus on energy efficiency, total cost of ownership, and operational safety. DeepWay has also integrated its driver assistance technologies across its vehicle lineup. Its standard intelligent driving assistance system, Tianji Suixing, is designed to improve safety, reduce driver fatigue, and optimize energy consumption in long-haul freight operations. In higher-level autonomy, DeepWay has also been advancing Tianji Yanxing, its intelligent platooning transport system, with vehicles already in
Apr 21, 2026 · via roboticsandautomationnews.com
Komatsu has commissioned its 1,000th autonomous ultra-class haul truck equipped with the company's FrontRunner autonomous haulage system, marking a historic milestone in autonomous mining. The achievement reinforces Komatsu's position as the pioneer and global leader in autonomous haulage since introducing the first commercial autonomous mining technology in 2008. "Commissioning our 1,000th autonomous haul truck is a defining moment for Komatsu and for the mining industry. It reflects nearly two decades of innovation, collaboration with our customers and a relentless focus on creating real operational value," Peter Salditt, president of mining business division and CEO of Komatsu Mining, said. "We are incredibly proud of this milestone, and even more excited about what lies ahead as we continue to advance autonomous, electrified and software-defined solutions that help our customers operate more safely, productively and sustainably." The milestone truck is a Komatsu 930E-5AT, an ultra-class electric drive truck with a 290-metric-ton payload deployed at Barrick's Nevada Gold Mines operation in the United States. This deployment extends Komatsu's autonomous haulage technology into gold mining operations through a strategic partnership with Barrick. The 930E-5AT belongs to Komatsu's electric drive haul truck lineup that supports FrontRunner deployments globally. The 930E ultra-class electric drive truck has become the most widely deployed model, representing more than 500 autonomous trucks across customer sites today. Komatsu continues expanding automation beyond haulage to include autonomous water trucks, which improve safety by reducing manual equipment interactions and supporting road maintenance. Komatsu customers using FrontRunner have collectively moved over 11.5 billion metric tons of material since the system's commercial introduction, demonstrating the scale, reliability and productivity of autonomous haulage across demanding mining environments. The system operates at mine sites across North America, South America, Australia and Europe, spanning diverse commodities and operating conditions. Beyond operational performance, FrontRunner generated approximately $2.4 billion in social
Apr 21, 2026 · via canadianminingjournal.com
The autonomous vehicle wave has its newest entrant. Humble, a San Francisco-based startup, emerged from stealth today with a $24 million seed round and a fully electric autonomous freight vehicle called the Humble Hauler, Fortune learned exclusively. Eclipse led the round, with Energy Impact Partners also participating. The Hauler has no cab (essentially a self-driving platform) and is designed for 40-foot and 53-foot shipping containers and runs dock-to-dock—unloading at the destination rather than dropping a trailer and leaving. This isn’t always the case: Fellow AV trucking company Aurora operates a hub-to-hub model that hands off to local human drivers at drop yards near city limits, while Kodiak’s commercial operations rely on fixed launch-and-landing zones with no autonomous last-mile delivery. “Trucks were never designed to be autonomous,” Eyal Cohen, Humble’s CEO and founder, told Fortune. “Removing the cab allows us to rethink the whole vehicle for an autonomous future.” Eliminating the cab opens up 360-degree sensor coverage across cameras, LiDAR, and radar, and frees payload capacity. The autonomy stack runs on vision-language-action models—a newer paradigm than rule-based systems. Humble built its first prototype in roughly six months. Cohen’s background lends credibility to that timeline: He helped build Otto, the company that completed the first autonomous freight delivery by semi-truck in 2016, sold SparkAI to John Deere in 2023, and ran hardware at Waabi. His team spans Tesla, Waymo, Cruise, Apple, and Uber. Jiten Behl, partner at Eclipse and a Humble board member, joined the firm in January 2024. He previously served as Chief Strategy Officer and Chief Growth Officer at Rivian, where he helped close Amazon’s order for 100,000 electric delivery vans—the largest EV delivery vehicle purchase on record—and led more than $10 billion in financing, including Rivian’s IPO. He frames Humble’s pitch to logistics operators simply. “When you go to
Apr 21, 2026 · via fortune.com
(Yicai) April 21 -- MMD Group, a UK manufacturer of innovative material processing equipment, has linked arms with CiDi to integrate the Chinese company's advanced autonomous technology into global mining operations. CiDi will provide self-driving hardware and software for MMD's TraxIQ material handling platform, including sensing and compute systems, as well as retrofit kits designed to make compatible mining equipment autonomous, a spokesperson for the UK company told Yicai yesterday. MMD will handle the platform's global commercialization and deployment. Real-world deployability, or can the autonomous tech operate reliably in demanding and wide-ranging mining environments, fully integrate with existing operations, and support the transition pathway that most mines require, was a major consideration when evaluating CiDi as a potential partner, the spokesperson noted. "Mining operations do not move from conventional to fully autonomous overnight," the spokesperson pointed out. “They are evolving environments, often with constraints around site layout, connectivity, infrastructure, and legacy equipment.” "The agreement establishes a framework for long-term collaboration as the TraxIQ platform progresses toward deployment and commercialization across global mining markets," said Ma Wei, co-founder of CiDi. CiDi's flagship product MetaMine, the first fully autonomous, system-level solution designed for mining operations, integrates driverless trucks, a fleet coordination module, a central dispatch platform, and a teleoperation station for remote excavator control into a single haulage architecture. MetaMine was deployed at CHN Energy Investment Group's open-pit coal mine in northwest China. Within two months of starting trial operation in early 2024, 56 self-driving trucks were operating alongside roughly 500 manned vehicles without on-site safety personnel, making it the world's largest mixed-operation mining fleet. CiDi’s revenue surged 115.8 percent year on year to CNY884.8 million (USD129.8 million) last year, driven by a fourfold increase in deliveries to 630 units/sets. As of Feb. 28, the company had delivered and was in the
Apr 21, 2026 · via yicaiglobal.com
- DeepWay has expanded pre-IPO funding round, bringing the total raised in latest round to over $310 million. - The deal marks one of the largest single funding rounds in China's autonomous heavy-duty truck sector in the past five years. DeepWay Technology expanded its pre-IPO funding round, bringing the total capital raised in this round to more than $310 million, according to a company press release on Tuesday. The deal ranks as one of the largest single funding rounds in China's autonomous heavy-duty truck industry over the past five years, providing a fresh financial buffer for the Chinese truck tech company as it sprints toward public markets. The latest capital injection was led by UAE-based Stone, with participation from Australian superannuation fund NGS Super and Xiamen Guosheng Fund. Existing shareholders, including ABC Impact and Nanjing Ronghe Capital, also increased their stakes. The expanded round builds on the company's previously completed 1.177 billion yuan ($173 million) pre-IPO financing. The new funds will primarily be used for the research and development of autonomous driving technology and the commercialization of unmanned freight robots in the global market, according to the company. DeepWay said the significance of this funding goes beyond the dollar amount, as the addition of three overseas investors provides network resources across the Middle East, Australia, Southeast Asia, and parts of the European and US markets. This makes the company's 2026 overseas commercialization plans more actionable, it said. Founded in 2020, DeepWay develops new-energy heavy-duty trucks, advanced driver-assistance systems, and freight solutions. The company filed for a Hong Kong initial public offering in November 2025, seeking to raise capital in the public markets for its next phase of expansion. According to its prospectus, DeepWay reported revenue of 1.5 billion yuan in the first half of 2025, though it has yet to
Apr 21, 2026 · via cnevpost.com