While we will continue to run freight for NAAF in the southwest, we are also expanding our Autonomous Freight Network to the east coast. Expansion of Our Autonomous Freight Network (AFN) Our technology’s fuel savings benefits can translate into billions of dollars of potential cost savings for the freight ecosystem. This has a significant impact on the cost of freight including increasing fuel surcharges borne by shippers. Fuel represents almost 25% of trucking’s variable cost structure, and over the last year, the price of diesel fuel has increased considerably. In addition to environmental benefits, the fuel savings our technology has demonstrated have the potential to significantly lower freight costs for our customers. We look forward to learning even more about how our trucks can positively impact the environment and provide autonomous technology benefits. Reducing carbon emissions is important to TuSimple and to our customers. We believe our system’s enhanced fuel efficiency will be greatly beneficial to and appreciated by our shipper and carrier partners as well as the regulatory community. These savings illustrate the significant positive environmental impact autonomous trucking can have on the transportation industry. Our autonomous driving system has delivered over 13% fuel savings when operating in the optimal long-haul operating band between 55 to 68 miles per hour. Our results over these 160,000 road miles exceeded the fuel efficiency performance of the already substantial fuel savings data that we observed in our 2019 study with the University of California San Diego. Our operations with UPS NAAF also provided significant real-world validation of the significant potential environmental benefits from our autonomous driving system. TuSimple’s Autonomous Driving System Delivers 13% Fuel Savings
#UPS TRUCKING FULL#
Incorporating this technology today enables us to prepare their network to adopt full driverless operations after our L4 technology is ready to commercialize at scale. Adoption of this technology takes time, and we are encouraged to see customers like UPS taking a forward looking approach by integrating autonomous technology into their networks.
We are able to collect data to further our autonomous driving system development, while helping to solve a customer’s transportation needs and preparing them for autonomous operations. Running these autonomous miles is critical to our growth as a company. To our knowledge, no other autonomous trucking company is operating such a significant autonomous freight operation for a customer. Our Autonomous Trucks Have Driven More than 160,000 Autonomous Miles for UPS NAFFįrom the time we began hauling freight for NAAF to the end of Q3 ’21, we accumulated over 160,000 autonomous miles for NAAF.
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