TuSimple: Goodyear Ventures invests in autonomous driving technology

The tire company Goodyear has included TuSimple, a company specializing in autonomous truck technology, in its investment portfolio through its affiliate and venture capital arm, Goodyear Ventures, thereby expanding the already existing strategic collaboration. 

“TuSimple's autonomous technology, combined with the vision of autonomous freight as a service, has the potential to generate significant added value in the transport industry," explains Abhijit Ganguly, Senior Manager, Goodyear Ventures.

The globally operating company runs self-driving trucks from its locations in Arizona, Texas, China, Japan, and Europe, utilizing an ecosystem of digital maps, strategic terminals, and an autonomous fleet operating system. According to TuSimple, their goal is to enhance safety, reduce transportation costs, and lower CO₂ emissions. To this end, the company is developing a commercially viable Level 4 autonomous driving solution aimed at revolutionizing the logistics industry.

Cooperation for Preventive Tire Maintenance

In 2020, Goodyear announced a strategic partnership to provide tires and tire management solutions for TuSimple's Autonomous Freight Network (AFN). As an AFN partner, Goodyear aims to conduct wear studies to better predict maintenance, understand tire longevity, and reduce the CO₂ impact of fleets. TuSimple is headquartered in San Diego, California, with offices in Arizona, Texas, China, Japan, and Europe. The company seeks to transform the global truck freight industry through its leading in-house AV technology, which allows trucks to see up to 1,000 meters, operate almost continuously, and consume ten percent less fuel than today's trucks.