According to an article in the Wall Street Journal,https://www.wsj.com/articles/leaders-of-self-driving-truck-company-face-espionage-concerns-over-china-ties-11675255921?mod=hp_lead_pos6 TuSimple Holdings, Inc. an American self-driving truck company with ties to China, is the subject attention of representatives of a U.S. national security panel concerned that there may be improper transfers of technology to a Chinese Startup. The panel lead by the Treasury Department called the Committee on Foreign Investment in the United States. The Wall Street Journal reported in October that this Panel, the FBI and the Securities and Exchange Commission have been investigating whether TuSimple improperly financies and transferred technology to a Chinese startup Hydron Inc. That company, according to the Jounral, was founded and run by TuSimple’s controlling shareholder and co-founder Mo Chen. Hyrdron operates in China and has said it is building hydrogen powered semi trucks. The company denies any wrongdoing.
Jeffrey Newman is a whistleblower lawyer who can be reached at jeff@jeffnewmanlaw.com or at 617-823-3217
