Articles from Plus

Plus, a global leader in autonomous driving software solutions, has been named a winner of the 2024 Reuters Automotive D.R.I.V.E. Honours for its Level 4 AI-based autonomous driving software, SuperDriveTM, in the Innovation category. The judging panel awarded Plus this distinction because of the company’s vision, impact, and scalability, calling SuperDrive a “game changer for real life autonomy use cases–bringing the tech to life.” Plus is being honored alongside industry leaders such as ARM, Hyundai, Polestar, and Stellantis this year.

IVECO, the commercial vehicle brand of Iveco Group, and Plus announced today with dm-drogerie markt, Europe’s largest home and personal care retail company, and DSV, one of the world’s leading transport and logistics providers, the start of their semi-automated truck pilot in Germany. After several months of stringent testing and validation, the program will use a new production intent design of the IVECO S-Way heavy-duty truck equipped with Plus’s driver-supervised highly automated driving software, PlusDrive®. This brings the PlusDrive-enabled IVECO S-Way one step closer to the start of series production.

Hyundai Motor Company (Hyundai Motor) and autonomous driving software leader Plus today unveiled the first Level 4 autonomous Class 8 hydrogen fuel cell electric truck in the U.S. at the Advanced Clean Transportation (ACT) Expo, the largest advanced clean transportation technology and fleet event in North America.

Plus, a leading provider of highly automated and autonomous driving software solutions, announced today the launch of a new and breakthrough technology offering called PlusProtect™. PlusProtect is AI-based software that enhances next-generation safety systems for all vehicle types with industry-leading functionalities like high performance automatic collision mitigation.

Plus, a global leader in autonomous driving software solutions, announced today that it has been recognized as a Gold winner of the 2024 Edison Awards for its supervised autonomy software solution, PlusDrive®, in the Innovative Services & Software Solutions category. The Edison Awards™, often referred to as “the Oscars of Innovation,” celebrate the most innovative products and business leaders that will shape our world for the better.

Plus, a global leader of autonomous driving software solutions, announced today the launch of PlusVision, AI perception software designed to be used in advanced safety systems, ADAS applications, and higher levels of autonomy. PlusVision utilizes the latest advancements in deep neural networks, including transformer-based models, to provide cutting-edge perception capabilities. The software is compatible with all vehicle types and supports a diverse range of hardware and compute platforms. Vehicle manufacturers and Tier 1 automotive suppliers can license PlusVision modules to build next-gen products.

Plus, a global leader in autonomous driving software solutions that span from next-generation safety to highly automated and self-driving systems, announced today the appointment of Jon Morrison as inaugural Chief Revenue Officer. Effective immediately, Morrison will lead the company’s go-to-market strategy, identify new opportunities, and spur revenue growth as Plus enters an exciting new expansion phase, defined by new product innovations and commercial partnerships with global vehicle manufacturers, Tier 1 suppliers, fleets and infrastructure providers.

Plus, a global provider of autonomous driving software solutions, is collaborating with NVIDIA on the advanced development of its AI-driven vision models. Plus’s state-of-the-art vision models, will run on the NVIDIA DRIVE Thor™ by automotive-grade and safety-compliant compute platform for future generations of Plus’s Level 4 solution, SuperDrive™.

Plus, a global provider of autonomous driving software solutions, announced today a long-term partnership with Scania, MAN and Navistar of the TRATON GROUP for the global commercial deployment of Level 4 autonomous trucks. The companies will create a Level 4 commercial autonomous transport solution using Scania, MAN, and Navistar autonomous ready base vehicles and Plus’s autonomous driving software in hub-to-hub operations.

Forbes announced the results of its annual America’s Best Startup Employers in 2024, with Plus being named to the list for a second year in the row.

Plus unveiled today the Open Platform for Autonomy (OPA), an innovative open and modular software platform powered by the latest AI models. OPA supports all levels of autonomy, adapts to specific customer needs and is optimized for cost-to-performance ratio. OPA is a unique approach in the autonomous vehicle industry for enabling autonomous driving capabilities on customizable configurations across different sensors, processors, vehicle platforms and powertrains. Plus has packaged OPA into a suite of solutions that span driver-in next generation safety systems to highly automated PlusDrive® and driver-out Level 4 SuperDrive™.

Plus, a global autonomous driving technology company, has been named a finalist in the 2024 Edison Awards. The company is being honored in the Innovation category, innovative services and solutions, for its driver-in Level 2++ solution PlusDrive®. Not only does PlusDrive help OEMs and Tier 1s accelerate the deployment of semi-autonomous features in next-generation vehicles, the software paves the way to fully autonomous vehicles in the future.

IVECO and Plus announced today with dm-drogerie markt, Europe’s largest retail chain of drugstores, and DSV, one of the world’s leading transport and logistics providers, the launch of an automated trucking pilot in Germany which will start in the first half of 2024. An IVECO heavy duty truck integrated with Plus’s AI-based, driver-supervised highly automated driving software will operate on a DSV route to transport dm-drogerie markt products in Germany’s Baden-Württemberg-Hessen region. Piloting with a logistics carrier on a bustling commercial freight route is a key enabler for the large-scale deployment of automated trucks in the coming years.

Plus, a global autonomous driving software provider, has been honored with the second-highest ranking on the 2024 FreightTech 25 list recognizing the most innovative and disruptive companies in the transportation industry.

World-leading toll-road operator, Transurban, today announced a partnership with Plus, a global Silicon Valley-based autonomous driving software company, to advance Transurban’s automated freight program and take advantage of the resources and talent in Victoria, the home of Australian innovation.

Plus, a global leader in highly automated and autonomous driving software solutions, announced today the appointment of Steven Spinner to Chief Financial Officer. With his extensive experience as a strategic business leader, technology investor, and serial entrepreneur, Spinner will play a crucial role in managing the financial, legal, human resources and administration functions as the company continues its commercial deployment and global expansion.

IVECO, the commercial vehicle brand of Iveco Group (MI:IVG), and Plus announced today that the IVECO S-Way truck equipped with PlusDrive, Plus’s enhanced driver-assist solution based on its open autonomy platform, has started operating on public roads in Germany. The milestone follows a rigorous testing and validation process including extensive closed-course testing, validation of previously collected public road data and in-depth training for the test drivers on the advanced safety features of the truck. In addition, TÜV SÜD tested the functional safety of the safety concept for public road testing. The collection of expansive real-world data during this important phase of public road testing will prepare the driver-in automated truck for future industrialization.

Bosch and Plus are collaborating to make software-defined commercial trucks a reality. Through a new technology agreement, Plus is offering its PlusDrive solution with the integrated steering system from Bosch featuring hardware and software to deliver driver assistance and partially automated features to commercial vehicles. The announcement was made today at the Advanced Clean Transportation (ACT) Expo in Anaheim, California.

Plus, a leading global provider of highly automated driving and autonomous driving technology solutions, has been named to Forbes’ fourth annual America’s Best Startup Employers, ranking No. 1 in the Technology sector and No. 9 out of 500 companies on the list.

IVECO, the commercial vehicle brand of Iveco Group (MI: IVG) and a pioneer in the commercialization and manufacturing of vehicles powered by alternative fuels, and Plus, a leading global provider of highly automated driving and autonomous driving solutions, announced today that this month the companies are starting public road testing of their jointly developed next generation highly automated trucks in Germany. As a part of the public road testing, the companies will collect road data to validate their autonomous truck’s operations and start designing the potential factory production. The PlusDrive-enabled IVECO S-WAY truck is designed to improve safety, efficiency, driver experience, and to provide a more sustainable option for fleets.

IVECO, the commercial vehicle brand of Iveco Group, and Plus announced today the successful completion of the initial phase of their autonomous trucking pilot which focused on deep engineering integration and closed course testing. This milestone showcases the technical feasibility and capabilities of the PlusDrive-powered IVECO S-WAY truck, and its readiness for the next important phase of the pilot which is to conduct public road testing. This achievement paves the way for IVECO and Plus to produce a semi-autonomous product as a first step and to prepare for ultimately manufacturing fully autonomous vehicles.

Plus, a global provider of self-driving truck technology, announced today that it has selected Velociti, a global leader in fleet technology solutions, as the deployment and maintenance partner for the national Plus Build program.

Today Congressman Ro Khanna (CA-17), a leading technology advocate in the U.S. House of Representatives, toured the headquarters of Plus, a global autonomous trucking technology company in the 17th Congressional District which was recently named to Fast Company’s list of the World’s Most Innovative Companies for 2022.

Hennessy Capital Investment Corp. V (NASDAQ: HCIC) (“HCIC V” or “Hennessy Capital”), a publicly traded special purpose acquisition company, and Plus (formerly Plus.ai), a global provider of self-driving truck technology, announced today that the companies have mutually agreed to terminate their previously announced Merger Agreement and Plan of Reorganization, effective immediately, given the November 8, 2021 “outside date” set forth in the Merger Agreement. In light of recent developments in the regulatory environment outside of the United States, Plus is pursuing a potential restructuring of certain aspects of its business, after which HCIC V and Plus may enter into discussions with respect to a potential new business combination.

Plus (formerly Plus.ai), a global provider of self-driving truck technology, announced that the company is expanding its business presence into Europe. Plus has hired Bosch veteran and German native Sun-Mi “Sunny” Choi as Senior Director of Business Development to accelerate its European expansion as the company grows its global footprint. Choi will help deepen existing and future collaboration with truck manufacturers, suppliers, and other Europe-based partners. Plus has already started global customer deployment of its autonomous trucking technology this year.

Plus (formerly Plus.ai), a global provider of self-driving truck technology, announced today that the company has been elected to the Board of Directors of PAVE, an industry coalition with the mission to educate policymakers and the public about the potential of automated vehicles. Wiley Deck, Vice President of Government Affairs and Public Policy at Plus, will represent the company on the Board. As the only Level 4 autonomous trucking technology company that has already started delivering a commercial autonomous driving solution to customers, Plus will work with industry leaders to deepen the understanding of the benefits that automated trucks can offer today and in the future, including increased safety, efficiency, sustainability, and driver comfort.

Plus (formerly Plus.ai), a global provider of self-driving truck technology that recently disclosed its proposed business combination with Hennessy Capital Investment Corp. V (NASDAQ: HCIC), announced today that Plus has delivered the initial production batch of PlusDrive autonomous driving units to FAW in order for FAW to integrate the units and launch China’s first driver-in autonomous trucks.

Plus (formerly Plus.ai), a global provider of self-driving truck technology that recently disclosed its proposed business combination with Hennessy Capital Investment Corp. V (NASDAQ: HCIC), announced today that it will collaborate with Teledyne FLIR, LLC on a development project to explore the addition of thermal cameras to the sensor stack used with Plus’s Level 4 autonomous driving technology.

Plus (formerly Plus.ai), a global provider of self-driving truck technology that recently announced its proposed business combination with Hennessy Capital Investment Corp. V (NASDAQ: HCIC), revealed today that it has completed a driverless Level 4 truck demonstration on a highway. The driverless semi truck was operated using Plus’s Level 4 autonomous driving technology, without a safety driver, teleoperator, or any other forms of human intervention. This represents a significant milestone for the autonomous trucking industry and for Plus, which demonstrated the company’s first driverless Level 4 heavy truck operation at the Qingdao port in April 2018.

Plus (formerly Plus.ai), a global provider of self-driving truck technology, announced today that it has won the 2021 RBR50 Robotics Innovation Award for its driver-in, supervised autonomous driving system, PlusDrive. PlusDrive is recognized for its readiness for commercial deployment to truck fleets, ease of use, and ability to help improve road safety, increase fuel efficiency, enhance driver comfort, and reduce carbon emissions.

Plus (formerly Plus.ai) (“Plus”) today announced the confidential submission on Friday, June 25 with the U.S. Securities and Exchange Commission (the “SEC”) of a draft registration statement on Form F-4 (the “Registration Statement”) relating to its previously announced business combination with Hennessy Capital Investment Corp. V (NASDAQ: HCIC) (“Hennessy Capital”), a publicly traded special purpose acquisition company (or SPAC). The Registration Statement was submitted by Plus Inc., (“New Plus”), currently a wholly owned subsidiary of Plus, which is expected to be the publicly traded entity for the combined company. Shares and warrants of the combined company are expected to be listed on the New York Stock Exchange (“NYSE”) under the ticker symbol “PLAV” and “PLAV.W”, respectively, upon the consummation of the business combination.

Plus (formerly Plus.ai), a global provider of self-driving truck technology, announced that Lynn Miller has joined the company as General Counsel. Miller will serve as a trusted advisor to the Plus management team and Board and lead the company’s legal function.

Reissuing release dated June 16, 2021, to add ticker symbol for searching purposes.

Plus (formerly Plus.ai), a global provider of self-driving truck technology, announced today that they are partnering with Schmidt Futures-supported Good Machine venture studio on a pilot program to extend the sustainability impact that each company is working towards. Through this pilot, Plus’s automated trucks will help move equipment used for Good Machine’s sustainability efforts to address wildfires, food insecurity, illicit wildlife poaching, and illegal fishing. The partnership kicks off immediately with Plus’s autonomous truck hauling equipment from Winnemucca, Nevada to South San Francisco, California to be used for a wildfire detection project in California. Additional hauls will take place over the next year of the pilot program.

Plus (formerly Plus.ai), a global provider of self-driving truck technology, announced today the completion of a Silk Road expedition by an autonomous truck powered by the company’s supervised autonomous driving system, PlusDrive.

Plus (formerly Plus.ai), a global provider of self-driving truck technology, announced today that Wang Dazong has joined the company’s Advisory Board. Dr. Wang will bring his decades of experience in scaling large engineering operations and international partnerships to work closely with Plus’s management team on its global deployment strategy and plans.

Plus (formerly Plus.ai), a leading provider of self-driving truck technology, today announced Wiley Deck, former Deputy Administrator at U.S. Department of Transportation, Federal Motor Carrier Safety Administration (FMCSA), is joining the Company as Vice President of Government Affairs and Public Policy.

Plus (formerly Plus.ai), a leading company in self-driving truck technology, announced today a new initiative with global engine manufacturer Cummins to develop the industry’s first driver-in, supervised autonomous trucks powered by natural gas. The compressed natural gas engines provided by Cummins have been certified to near zero emissions, reducing smog-forming emissions by 90 percent compared to current EPA standards for nitrogen oxide air pollutants. Furthermore, trucks powered by Cummins and integrated with the Plus autonomous driving system are more fuel efficient due to Plus’s AI-enabled fuel optimization algorithms and Cummins powertrain features. This revolutionary combination will bring to market natural gas supervised autonomous trucks in 2022 and provide fleets an evolutionary path to quickly meet their emissions-reduction and corporate sustainability goals.

Plus (formerly Plus.ai), a leading provider of self-driving truck technology, announced that Lori Heino-Royer, who had a long career at Daimler Trucks North America in roles across finance, sales and marketing operations, technology and business development, has joined Plus as Senior Director, Strategic Partnerships. Heino-Royer will leverage her deep understanding of the trucking business to help cultivate and manage relationships with fleet and other industry partners.

Plus (formerly Plus.ai), a leading global self-driving truck technology company, announced today that the company has signed a Memorandum of Understanding (MOU) with IVECO, a brand of CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) and a pioneer in the commercialization and manufacturing of vehicles powered by alternative fuels, to jointly develop autonomous trucks that will be deployed across Europe, China, and other geographies.