PlusAI, TRATON Expand Global Autonomous Trucking Partnership As CCIX-Linked Public Listing Nears

• TRATON GROUP reinforces commitment to accelerate scaled commercial deployment of SuperDrive™-enabled, factory-built autonomous trucks in the U.S. and Europe.
• TRATON commits up to $25 million in dedicated R&D funding to PlusAI and will nominate a member to the initial PlusAI Board following its planned public listing.
• TRATON will be eligible to receive private warrants tied to initial deployment revenue milestones, underscoring aligned economics for scaled autonomy adoption.
• Partnership builds on 2025 milestones across Scania, MAN, and International, including launch of commercial fleet trials in Texas, a precision demonstration together with Red Bull, NVIDIA-powered Level 4 development, and driverless safety maneuver validation.

PlusAI, a leader in AI-based virtual driver software for autonomous trucks, and the TRATON GROUP, one of the world's leading commercial vehicle manufacturers, today announced to expand their global partnership to accelerate the development and scaled deployment of on-highway autonomous trucking solutions in the U.S. and Europe. The announcement comes as PlusAI moves towards a public listing via its previously announced business combination with Churchill Capital Corp IX (NASDAQ:CCIX).

Under an expanded agreement, TRATON would commit up to $25 million in non-dilutive R&D funding to PlusAI to accelerate factory integration of SuperDrive™ into autonomous trucks of TRATON's brands. In connection with PlusAI's planned public listing, TRATON will nominate a representative to the PlusAI Board of Directors to further align the organizations as they prepare for a planned U.S. commercial launch. In addition, TRATON will be eligible to receive warrants that vest based on initial deployment revenue milestones—an incentive structure designed to align both parties around accelerated commercialization and scaled adoption.

This expanded partnership will build on the collaboration first announced in 2024, when PlusAI's virtual driver system, SuperDrive™, was selected as the on-highway autonomous driving platform for TRATON's brands, including Scania, MAN, and International. Since then, the companies have achieved multiple technical and operational milestones toward delivering Level 4 autonomous trucking capabilities. Notably, International initiated autonomous fleet trials in Texas with one of the largest logistics and transportation operators in North America, marking a significant step toward scaled commercial deployment.