Inceptio Technology, an autonomous driving technology company focusing on intercity logistic operation business, recently announced its U.S. expansion into Northern California.
Co-founded in 2018 by G7 Networks, Global Logistic Properties Ltd. (GLP), and NIO Capital, Inceptio focuses on not only developing autonomous driving technologies for trucks, but also on operating transportation services that use their own L3/L4 autonomous technologies. The new Fremont location will function as an autonomous driving technology research and development center while also assisting the company's Shanghai initiatives: applying developed technologies and ensuring mass production of the company’s artificial intelligence (AI) trucking fleet. Inceptio says it is also looking to further establish its logistics-as-a-service (LAAS) operation via autonomous trucks powered by the company's own technologies.
In China last fall, Inceptio received an intercity road test license from the Baoding City Smart Transportation Demonstration City Leading Group. The first autonomous truck will eventually be tested in Baoding, Hebei Province. In addition, the company also recently completed its first smart truck leasing contract with Jinxin Logistics Co., Ltd. this past January.
"We aim to build a freight robot network and reach the L3 level of trucks as the first step, using technology to reduce the long-term challenges so many of this industry faces—energy consumption, long-distance driving dangers, and safety," said Julian Ma, CEO of Inceptio. "Redefining smart transportation equipment through new technologies and big data, as well as bringing innovation into asset management and 'asset-as-a-service' in the age of road transportation robots, represents both unprecedented opportunities and challenges to us."
Inceptio has nearly 100 employees in China and plans to gradually expand to 300 people by the end of 2019. The U.S. team is slated to hire 60 employees by the end of 2019.