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March 4, 2022 2:53 PM, EST

TuSimple Initiates Planned Leadership Succession

TuSimple autonomous truckTuSimple is moving to its next phase of commercializing SAE Level 4 autonomous trucking technology. (TuSimple)

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Autonomous truck technology developer TuSimple announced co-founder and Chief Technology Officer Xiaodi Hou will succeed Cheng Lu as CEO and Mo Chen as company chairman, effective immediately.

The San Diego-based company noted the move is part of a planned executive succession as the company moves to its next phase of commercializing SAE Level 4 autonomous trucking technology.

“We’ve set many industry firsts, including becoming the first publicly traded autonomous driving company and first driver-out operations in trucking,” Cheng Lu said in a release. “We have built a strong foundation with the necessary resources to fully commercialize.” — Transport Topics

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