Churchill Stock Price, News & Analysis

Hyundai Motor (CCIX) and PlusAI's autonomous XCIENT Fuel Cell Class 8 truck was named one of TIME's Best Inventions of 2025 on Oct. 9, 2025.

The vehicle pairs Hyundai's mass-produced hydrogen fuel cell heavy-duty truck platform with PlusAI's Level 4 SuperDrive virtual driver to enable zero-tailpipe-emission, long-range freight with fast refueling and continuous hub-to-hub operations. The XCIENT Fuel Cell has been deployed since 2020 in 10 countries and logged nearly 10 million miles globally. U.S. initiatives include 30 trucks operating under the NorCAL ZERO Project and 21 trucks supporting logistics at Hyundai Motor Group Metaplant America (HTWO Initiative).

PlusAI (NASDAQ:CCIX), an AI company developing autonomous truck technology, has established a Safety and Policy Advisory Council to guide its commercial launch of factory-built autonomous trucks planned for 2027. The council comprises distinguished industry veterans including former regulators and trucking executives.

Notable members include Andrew Boyle (former ATA Chairman), Jeff Denham (former U.S. Congressman), Sue Lawless (former FMCSA Acting Deputy Administrator), Spencer R. Moore (former AAMVA Chairman), and Dan Van Alstine (former ATA Chair). The council will advise PlusAI on safety issues, operational strategies, and regulatory compliance as it prepares for commercial deployment.

International Motors (NASDAQ:CCIX) has launched customer fleet trials of its second-generation autonomous vehicles in partnership with PlusAI. The trials will operate along the Interstate-35 corridor between Laredo and Dallas, managed from International's autonomous hub in San Antonio.

The autonomous system features factory-installed technology on International® LT® Series trucks, powered by the S13® Integrated Powertrain and PlusAI's SuperDrive™ software. The vehicles are equipped with advanced multimodal sensors including imaging radar, lidar, and strategically placed cameras providing 360-degree vision.

This initiative represents a significant step toward scalable, factory-installed autonomous solutions for hub-to-hub operations in the transportation industry, with a focus on enhancing safety, efficiency, and commercial viability.

PlusAI (CCIX), a company developing AI-powered virtual driver software for autonomous commercial trucks, has announced its participation in two upcoming investor conferences. CEO David Liu will present at the Goldman Sachs Communacopia + Technology Conference on September 11, 2025, at 8:50 AM PST in San Francisco, and the Evercore ADAS, AV & AI Forum on September 30, 2025, at 12:05 PM EST in New York.

The management team will be available for one-on-one meetings with investors at both events, with interested parties directed to contact their Goldman Sachs and Evercore representatives.

PlusAI (NASDAQ:CCIX) has announced a strategic collaboration with Goodyear to enhance autonomous trucking capabilities. The partnership will integrate Goodyear's SightLine intelligent tire technology with PlusAI's SuperDrive™ virtual driver system to improve safety and efficiency in autonomous freight operations.

PlusAI has accumulated over 5 million miles of autonomous driving experience across the U.S., Europe, and Asia. The company has established partnerships with major commercial vehicle manufacturers including TRATON GROUP, Hyundai, and IVECO. The commercial launch of factory-built autonomous trucks powered by SuperDrive is targeted for 2027, starting in the United States before expanding to Europe.

PlusAI (NYSE:CCIX) has released key performance indicators demonstrating progress toward its 2027 commercial launch of autonomous trucks. The company achieved significant improvements in H1 2025, with Safety Case Readiness reaching 86%, Autonomous Miles Percentage at 98%, and Remote Assistance Free Trips at 76%.

The company's SuperDrive™ technology has been tested across over 5 million miles in multiple continents. PlusAI targets 100% Safety Case Readiness and 90%+ Remote Assistance-Free Trips for commercial launch, initially focusing on the Texas Triangle before expanding to other U.S. and European freight corridors. Customer fleet trials are scheduled for fall 2025.

Plus Automation Inc., an AI-based virtual driver software company for autonomous trucks, has announced a merger with Churchill Capital Corp IX (CCIX) at a $1.2B pre-money valuation. The combined company will operate as PlusAI, with the transaction expected to provide up to $300M in gross proceeds. Plus's SuperDrive software targets a $2T trucking freight market in the U.S. and Europe, partnering with major manufacturers like TRATON GROUP, Hyundai, and IVECO. The company has deployed its technology across multiple regions with over 5M miles of driving data. Plus aims to launch factory-built autonomous trucks by 2027, addressing the growing driver shortage of over 300,000 drivers annually in the U.S. and Europe. The transaction is expected to close in Q4 2025, providing funding through the planned commercial launch.