TRANSPORTATION

TuSimple Co-Founder Mo Chen Launches Hydron, Producing Hydrogen-Powered Autonomous-Ready, Freight Trucks

Hydron | June 13, 2022

TuSimple Co-Founder Mo Chen
Mo Chen, Co-Founder of San Diego-based autonomous driving company TuSimple (Nasdaq: TSP), has started a new company, Hydron, committed to developing, manufacturing, and selling hydrogen-powered trucks equipped with L4 autonomous driving technology. Chen is set on transforming long-haul freight transportation through hydrogen-powered autonomous trucks making trucking safer, cleaner, and more efficient, minimizing the carbon footprint of class 8 heavy-duty trucks globally.Chen, a Canadian entrepreneur, co-founded self-driving technology company TuSimple with business partner Xiaodi Hou in 2015. Tusimple quickly attracted the attention of global logistics giant UPS, who invested in the company back in 2019 before TuSimple went public through a traditional IPO raising $1.3 billion in total funding. In December of 2021, TuSimple cemented its status as the leader in the development of AI-powered autonomous driving software by becoming the first and only company to successfully operate long-haul heavy-duty trucks autonomously on open public roads without a human in the vehicle and without remote intervention.

"The path to commercializing autonomous vehicles requires the complex integration of both hardware and software, The biggest challenge in bringing autonomous driving to the market at scale is not software development, but access to reliable mass production hardware, and now with Hydron, we will be able to provide automotive-grade hardware specifically for autonomous networks."

-Mo Chen, Chief Executive Officer at Hydron.

Hydron plans to become a leading provider of hydrogen-powered autonomous trucks and refueling infrastructure through partnerships to become a complete solution provider for autonomous driving companies, commercial fleets, and leading carriers. Hydron also plans to collaborate with partners to build a manufacturing facility in North America to better meet the U.S. supply chain challenges. The first generation of Hydron trucks is expected to enter mass production in Q3 of 2024, with a complete set of sensors, computing units, and redundant actuators to meet L4 autonomous driving requirements.

Hydron is a privately held independent company and is not affiliated with TuSimple.

About Hydron
Hydron, Inc. is a Southern California-based company committed to the development, manufacturing, and sales of purpose-built autonomous ready trucks powered by hydrogen fuel cells. Hydron aims to become the leading provider of hydrogen-powered autonomous trucks and refueling infrastructure and will focus on the North American, European, and Middle Eastern markets.

Spotlight

As a leader in global logistics, UPS dedicates its expertise, innovative technologies and resources to support communities worldwide in disaster preparedness, relief assistance and post-conflict recovery efforts. Over the years, UPS has provided everything from warehouse set-up and redesign, preparedness training, and in-country, pre-disaster assessments, to the implementation of UPS technology for supply chain management optimization during a crisis. These “hands on” activities effectively supplement the philanthropic support of capacity building initiatives with humanitarian relief partners. UPS, together with its partners, have saved countless lives around the world and will continue to deploy more preparedness initiatives through the implementation of technology, crisis training, pre-disaster assessments and capacity building funding to our partners. It is UPS’s commitment, that through its Humanitarian Relief & Resilience Program, communities will be more resilient and recover more quickly and efficiently when the next disaster strikes.


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