Company: CCIXW
Filing Date: 2025-12-05
Form Type: S-4/A
Source: 0001193125-25-309933
Chunk: 470

Company: Churchill Capital Corp IX/Cayman
Filing Date: 2025-12-05
Form: S-4/A
Chunk 470
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 across varied driving conditions.

Key milestones include:

April 2025 . Completed closed‑course validation of fully autonomous operations without a safety driver.

2025–2026 . Public road testing and customer fleet trials in the United States and Europe, leading up to commercial readiness.

2027 . Planned initial factory‑built deployments in Texas, followed by a phased rollout across additional U.S. and European markets.

Commercial Launch and Scaling

We plan to focus our initial U.S. deployment on Texas, which accounts for ~12% of total U.S. trucking freight miles, with operations centered on the Texas Triangle corridor (Dallas‑Houston‑San Antonio). Subsequent phases will expand across Sun Belt states, which represent ~51% of U.S. freight activity, and then to the broader continental United States.

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In Europe, we plan to begin our commercial deployments in Germany and Sweden, markets with favorable regulatory environments and robust logistics infrastructure, followed by Western Europe and broader continental markets. Germany and Sweden together represent ~16% of European freight mileage.

Growth Strategy

Our long‑term growth strategy is anchored by three strategic pillars:

Executing on Existing OEM Partnerships . Supporting joint development and factory integration with TRATON GROUP, IVECO, and Hyundai Motor Company to prepare for industrial‑scale deployment.

Geographic Expansion . Phased rollout across the United States and Europe, followed by entry into other regions with favorable regulatory and market conditions.

Pursuing Additional Strategic Partnerships . Selectively adding partners that complement our core technology, expand our geographic footprint, and accelerate SuperDrive adoption across the global freight ecosystem.

We estimate the U.S. market opportunity alone could generate $0.85 in value per mile under a DaaS model, with PlusAI capturing approximately 20–25% of the economics.

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Government Regulation

The regulatory landscape in the United States is generally supportive of safe testing, development, and deployment of autonomous vehicle technologies at both the federal and state levels. We maintain an internal Policy and Regulatory Affairs team that actively monitors legislative and regulatory developments and engages with policymakers, regulators, and industry stakeholders on matters affecting autonomous driving technology.

The autonomous trucking sector has received bipartisan support within both chambers of the U.S. Congress and from executive branch agencies, including the U.S. Department of Transportation (“USDOT”) and its operating administrations. As we continue to test and deploy vehicles equipped with our SuperDrive technology on public roads, our operations are subject to oversight and regulatory compliance