Plus

Plus, founded in 2016, specializes in developing AI-based autonomous driving technologies, focusing primarily on the trucking industry. Their flagship product, PlusDrive, is a driver-in system that enhances safety, fuel efficiency, and driver comfort by combining sensors, AI algorithms, and machine learning to assist with various driving tasks. This technology aims to improve the lives of truck drivers, reduce accidents, and decrease carbon emissions.

The company has attracted significant investment from a diverse group of investors, including Guotai Junan International, CPE, Wanxiang International Investment, FountainVest Partners, and ClearVue Partners. In February 2021, Plus completed a $200 million funding round led by new investors, followed by an additional $220 million in March 2021, bringing the total to $420 million.

What sets Plus apart is its AV2.0 approach, which incorporates large end-to-end AI models to address software complexity and scalability challenges in autonomy, delivering high data and power efficiency. By focusing on the trucking industry, Plus addresses challenges such as driver shortages, safety concerns, and operational inefficiencies, providing a scalable solution that enhances the efficiency and safety of freight transportation.

In the artificial intelligence landscape, Plus operates within the category of AI-driven autonomous vehicle technology, applying machine learning and AI algorithms to enable self-driving capabilities in commercial trucks.

For more information, please visit plus.ai.

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