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Benzinga
Benzinga
Business
The Bamboo Works

TuSimple Moves Closer to China Exit Ramp as Questions Loom on U.S. Commercialization

TuSimple China United States Geely National Security Donald Trump Xiaodi Hou Asia

Key Takeaways:

  • China’s largest private auto group may acquire TuSimple’s Asia-Pacific business, allowing it to cut its China ties and alleviate U.S. national security concerns
  • The company’s commercialization timeline has been thrown into doubt following an April accident that raised safety concerns
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