Full Truck Alliance

  • Plus.ai completes D round of USD200 million financing

    On February 12, the autonomous driving startup Plus.ai recently completed a D round of financing with an amount of US$200 million. Investors include Guotai Junan International, CITIC Private Equity Funds Management, China Wanxiang and Full Truck Alliance. Plus.ai said it will be used to accelerate the global commercial placement of autonomous driving heavy trucks. Liu Wanqian, co-founder and CEO of Plus.ai, said that truck-related safety accidents and the increasing shortage of transportation capacity have become pain points in the society and for our economy, therefore the application of autonomous driving…