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Reuters
Reuters
Business

Volkswagen's Traton partners with TuSimple for self-driving trucks

FILE PHOTO: Visitors stand at the booth of Volkswagen's truck unit Traton Group, former Volkswagen Truck & Bus AG, in Hanover, Germany September 19, 2018. REUTERS/Fabian Bimmer/File Photo

Volkswagen's <VOWG_p.DE> Traton commercial truck unit and self-driving technology startup TuSimple will partner to develop self-driving trucks, the companies said on Wednesday.

Traton <8TRA.DE> has also taken a minority stake in TuSimple, a San Diego, California-based self-driving technology company focused on heavy-duty trucks, as part of the deal.

(Reporting by Sanjana Shivdas in Bengaluru; Editing by Sriraj Kalluvila)

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