Autonomous trucking firm TuSimple is contemplating promoting its U.S. enterprise, based on paperwork filed Tuesday with the U.S. Securities and Trade Fee.

The choice to discover strategic options for the U.S. enterprise, together with a doable sale, “was guided by the corporate’s evaluate of a number of enterprise elements and industrial alternatives,” based on a TuSimple press launch.

An organization spokesperson stated Thursday that the board was “recurrently evaluating a spread of enterprise elements that features macro atmosphere, entry to capital, industrial partnerships and timelines. These elements led to the board to make the choice to discover a doable sale presently. We’re very early within the course of, so we haven’t any particular prospects that we’re in a position to talk about presently.”

TuSimple, of San Diego, develops autonomous driving know-how for long-haul, heavy-duty vehicles. The corporate operates within the U.S. and Asia.

If the U.S. enterprise is bought, TuSimple would flip its consideration primarily to operations in Asia-Pacific and different world markets, based on the discharge.

TuSimple has beforehand pursued strategic options for its Asia-Pacific enterprise however finally backtracked on these plans.

The corporate in Might introduced a restructuring plan for U.S. operations in an try and buoy its struggling steadiness sheet. That plan included decreasing its U.S. work power by roughly 300 workers — 30 p.c of the worldwide work power.

Challenges have abounded for TuSimple previously few years. After a number of modifications in management and the lack of manufacturing companion Navistar Inc., the corporate was threatened with delisting from the Nasdaq in Might for failing to file monetary experiences on time.