Japan's Itochu Corp. invests in autonomous truck company Gatik AI

The investment aims to address logistics challenges in the US, enhancing the autonomous driving value chain and expanding the commercial vehicle business

Japanese trading house ITOCHU Corporation announced the on June 11, 2024, that it has made an investment in Gatik AI, Inc., a California-based company that specializes in developing autonomous driving technology for commercial trucks and offers logistics services in the US and Canada utilizing its self-driving vehicles.