Chinese startup Inceptio expects the number of trucks in China using its driver-assist technology will quadruple by mid-2024 from around 600 currently, and also plans to begin sales overseas next year. Inceptio says the tech enables a very long-distance trucking trip to be completed by one driver rather than two as is often required and can reduce hauling costs by 5% to 7%. Under its current business model, Inceptio develops the technology, state-owned Dongfeng Automobile Co, manufactures the trucks which are then sold to clients such as Nestle, Budweiser and large Chinese freight companies like ZT Freight and Deppon Express.
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