Self-driving truck startup TuSimple Holdings Inc. filed for a U.S. initial public stock offering on Tuesday, joining a clutch of companies looking to capitalize on rising investor interest in the sector.
The company did not disclose the number of shares it plans to offer to investors or the price range for its offering.
Dozens of startups, automakers, and large technology companies, including Google’s Waymo and China-based Xpeng Inc., are accelerating work on self-driving car systems to cash in on the technology, which is expected to bring a sea change in the transportation industry.
Other self-driving companies such as Velodyne,