auction

TuSimple’s Autonomous Truck Fleets Available for Bidding After Pulling Out of the U.S. Market

Tusimple Self Drving Truck 5
Ten of TuSimple’s autonomous big rigs are set to be auctioned off later this month, just a few weeks after the self-driving trucking startup that went public in 2021 announced it was exiting the U.S. market. The trucks, along with a slew of research and development equipment and office supplies, will be sold off in two online auctions. A spokesperson for the auction company confirmed 10 trucks will “initially” be sold. The company went public in 2021 and was swiftly scrutinized by the Committee on Foreign Investment in the United States over its Chinese shareholders. In December, the company said it would exit the U.S. altogether and laid off more than 150 workers as a result.

20,000 E-Scooters To Be Auctioned by Superpedestrian Following Shutdown

Superpedestrian Link March 2021 My22 Briggs 2
More than 20,000 electric scooters belonging to Superpedestrian will be auctioned off later this month, along with other equipment from the startup’s U.S. operations, after closing its doors December 31. Two “global online auction” listings have appeared on the website of Silicon Valley Disposition, an online market for “surplus assets,” which will feature scooters and other paraphernalia from cities Superpedestrian operated in, like Seattle, Los Angeles, and New York City. The first auction opens January 23, and will run for three days. A successive auction is set to run from January 29-January 31. Though it raised $125 million less than two years ago, the company struggled financially in 2023 as it operated its shared scooter fleets in dozens of cities around the globe.