TuSimple Holdings Inc. Provides Earnings Guidance for the Full Year 2021

TuSimple Holdings Inc. is a global autonomous driving technology company. It is principally engaged in the operation and development of autonomous trucks and an autonomous freight network (AFN). The Company operates its AFN Level 4 (L4) autonomous semi-trucks equipped with its autonomous driving technology. It also has a partnership with an original equipment manufacturer, TRATON Group, specifically its Navistar and Scania semi-truck brands, that seeks to manufacture purpose-built L4 autonomous semi-trucks capable of incorporating its autonomous driving technology and partner with other OEMs. In addition to OEMs, it depends on other third parties, such as ZF Group, Knorr-Bremse and NVIDIA, to produce components for L4 autonomous semi-trucks. TuSimple Path is a product that enables autonomous operations across networks and includes features such as on-board autonomous driving software, TuSimple Connect cloud-based autonomous operations oversight system and emergency roadside assistance.