Inceptio Technology, a developer of autonomous driving technologies for heavy-duty trucks, has outlined new agreements with major logistics and insurance partners and shared key data points from over 50 million kilometers of accident-free autonomous driving. The company has also showcased the core technologies that power the Inceptio autonomous driving system’s Truck Navigate-on-Autopilot (T-NOA) capability.
During Inceptio’s annual tech day in Shanghai, China, on August 31, the company revealed new procurement and strategic collaboration agreements with logistics companies STO Express, ZTO Freight and Deppon Express. STO Express has ordered 500 Inceptio autonomous trucks – jointly developed with Dongfeng Commercial Vehicle. ZTO Freight has ordered 200 Inceptio autonomous trucks – jointly developed with Sinotruk.
A cooperation agreement has also been signed between Inceptio and China Pacific Insurance for the development of new insurance for autonomous heavy-duty trucks.
At the tech day, Inceptio also shared the results of two new joint studies confirming the safety and driver experience benefits enjoyed by operators of its autonomous trucks. The first study – carried out by Inceptio and CPIC – was claimed as the sector’s first annual insurance data safety report, finding that Inceptio’s trucks performed 75-99% better than human-operated trucks across several safety indicators.
The second study – conducted by Inceptio and a team of academics – consisted of a report that monitored truck driver fatigue levels on 134 trips over approximately 120,000km of commercial operations. The study results showed that Inceptio’s human safety operators experienced 35% less physiological fatigue and 11% less psychological fatigue than conventional truck drivers.
All of Inceptio’s autonomous trucks are equipped with the T-NOA feature and receive regular over-the-air updates to enhance autonomous driving. Inceptio’s T-NOA feature provides 100% coverage of China’s line-haul network and the company already has commercial business covering 70% of that network.
“After another year of hard work and momentous achievements, we couldn’t be more excited to share Inceptio’s progress with the world,” said Julian Ma, CEO and founder of Inceptio. “We are truly proud of the great strides we have made to commercialize our technology, making nearly 50,000 trips on 340 routes for more than 100 freight and logistics customers.”
He continued, “The new orders we announced today represent a huge vote of confidence from our valued partners STO Express, ZTO Freight and Deppon Express, which have all experienced the benefits of our technology first-hand. And through our new alliance with CPIC, we are developing insurance solutions that will help accelerate the mass adoption of autonomous trucks even further. We look forward to delivering more mass-produced L3 autonomous trucks to our partners in the near future as we continue striving to make freight transport greener, safer and more reliable.”
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