In 50 Words: Qingtian Truck to close after co-founder’s exit, settled lawsuit

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In 50 Words: Qingtian Truck to close after co-founder’s exit, settled lawsuit

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Chinese autonomous truck firm Qingtian Truck, co-founded by former Pony.ai engineers, is set to close, with an orderly liquidation of assets underway since June 16. The decision comes after co-founder Sun Youhan left in May and follows a settled lawsuit over intellectual property infringement filed by Pony.ai against Qingtian last August.

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