Is there room for yet another next-generation vehicle maker on the stock exchange? TuSimple Holdings, a developer of self-driving trucks, obviously believes there is, as the company filed for an initial public offering (IPO) on Tuesday. It has not yet set a price range, number of shares, or date for the issue. A prominent set of underwriters -- Citigroup (NYSE: C), Morgan Stanley (NYSE: MS), and JPMorgan Chase (NYSE: JPM) unit J.P. Morgan are the three listed in the filing -- plus the popularity of peer stocks on the exchange suggest that the IPO could be fairly large. Image source: Getty Images. TuSimple, founded in 2015, describes itself as a developer of "industry-leading autonomous technology specifically designed for semi-trucks, which has enabled us to build the world's first Autonomous Freight Network... in partnership with world-class shippers, carriers, railroads, freight brokers, fleet asset owners, and truck hardware partners." The company adds that it has devised a software/hardware solution that provides what it believes to be the most advanced Level 4 self-driving technology for such vehicles. This refers to the Society of Automotive Engineers' five-level classification system for autonomous operation, with Level 4 being described as "conditional self driving without driver." In other words, operation with no input at all from a human, although one could still override the auto-driving system if need be. That technology could attract investors to the stock once it lists, although there are other next-generation truck makers cruising on the market. Among them are pickup specialist Lordstown Motors (NASDAQ: RIDE) and Nikola (NASDAQ: NKLA). In particular the presence of Nikola, which went public last June and like TuSimple focuses on semi-trucks, could dampen investor enthusiasm for the newcomer. 10 stocks we like better than Nikola CorporationWhen investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Nikola Corporation wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of February 24, 2021 Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.Source