Chinese self-driving truck start-up Autra.tech scales down operations amid cash crunch | South China Morning Post

Nov 05, 2024

Financing issues and potential US sanctions prompt Autra.tech to cut salaries of staff, cancel new development and suspend delivery orders

That has prompted the company to push a range of cost-reduction measures, including cutting all employees’ monthly salary to 10,000 yuan (US$1,408), cancelling the development of new vehicle models and suspending delivery of new orders, Ding wrote in the letter.

Autra.tech did not immediately reply to a request for comment on Tuesday.