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News, Analysis & Perspective on Autonomous Vehicles

GM commits $3 billion to build electric and autonomous vehicles in Michigan

Posted on Jan 27, 2020 in Buses, Finance, News

GM said Monday it will invest $2.2 billion into its Detroit-Hamtramck assembly plant to produce all-electric trucks and SUVs, as well as a...

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AMS investors approve capital increase to fund Osram takeover

Posted on Jan 24, 2020 in Cars, Finance, News

VIENNA (Reuters) – AMS (AMS.S) shareholders approved a 1.7 billion euros ($1.9 billion) capital increase to fund the Osram (OSRn.DE)...

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Projects funded for autonomous vehicle cyber security

Posted on Jan 23, 2020 in Cars, Finance, News

Seven projects whose participants include Honda, Thales and WMG have won funding to develop cyber security solutions for connected and...

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DOT grants back development of autonomous-vehicle industry

Posted on Jan 22, 2020 in Cars, Finance

On Dec. 21, 2018, the U.S. Department of Transportation released a Notice of Funding encouraging municipalities, states or other...

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Dataspeed Inc. team awarded $1.77 million grant from Michigan Department of Transportation

Posted on Jan 13, 2020 in Buses, Finance

DETROIT, Jan. 13, 2020 /PRNewswire/ — Dataspeed Inc., a leading autonomous vehicle engineering provider, in partnership with AM...

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Hyundai Motor Group to invest $87B over next 5 years; 44 electrified vehicles; new EV development system; hydrogen plans

Posted on Jan 2, 2020 in Finance, News

Hyundai Motor Group (HMG) will invest more than KRW100 trillion (US$87 billion) over next 5 years—KRW20 trillion (~US$17.4 billion)...

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StradVision raises $27 million in Series B funding to support camera technology for autonomous vehicles and ADAS systems

Posted on Dec 19, 2019 in Cars, Finance, News

SEOUL, South Korea, Dec. 19, 2019 /PRNewswire/ — StradVision, an innovator in vision processing technology for Autonomous Vehicles,...

Read More, a startup focused on AV technology for mass transit, gets $3.5 million in seed funding

Posted on Dec 13, 2019 in Cars, Finance, News, a new autonomous driving startup focused on mass transit, announced today that it has raised $3.5 million in seed funding...

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Google’s self-driving car project buys British AI firm Latent Logic

Posted on Dec 12, 2019 in Cars, Finance, News

Waymo, Google’s self-driving car sibling company, has acquired the Oxford artificial intelligence company Latent Logic for an undisclosed...

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Volkswagen parent acquires stake in self-driving startup

Posted on Dec 11, 2019 in Cars, Finance, News, Technology

Porsche Automobil Holding SE has acquired a minority stake in Silicon Valley self-driving sensor startup Aeva Inc., the latest in a flurry...

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Hyundai commits $17 billion to add electric, driverless cars

Posted on Dec 4, 2019 in Cars, Finance, News

Hyundai Motor Co. will spend 20 trillion won ($17 billion) over the next six years on new technology to help make the switch to electric...

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Toyota leads $50 million investment in autonomous shuttle startup May Mobility

Posted on Dec 4, 2019 in Buses, Finance, News

May Mobility,  a Michigan-based startup that is operating autonomous shuttle services in three U.S. cities, has raised $50 million in a...

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Wayve raises $20 million to give autonomous cars better AI brains

Posted on Nov 17, 2019 in Cars, Finance, Technology

Wayve, a U.K.-based startup that’s developing artificial intelligence (AI) that teaches cars to drive autonomously using reinforcement...

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Autonomous flying taxi startup Ehang files $100 million initial public offering

Posted on Nov 1, 2019 in Cars, Finance, News

Ehang, a Chinese company that builds drones large enough to carry human passengers, filed paperwork with the US Securities and Exchange...

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Wirecard shapes the future of mobility with renowned partners

Posted on Nov 1, 2019 in Cars, Finance, News

ASCHHEIM, Germany, Nov. 1, 2019 /PRNewswire/ — Wirecard, the global innovation leader for digital financial technology, is once...

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Porsche invests in Israeli auto tech firm Tactile Mobility

Posted on Oct 29, 2019 in Cars, Finance, News

Israeli automotive technology startup Tactile Mobility said on Tuesday it secured $9 million in funding from Porsche, Union Tech Ventures...

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Robotaxi startup Zoox raises new millions

Posted on Oct 21, 2019 in Cars, Finance, News

Autonomous vehicle startup Zoox has signed a $200 million convertible note— the first new investment since the Silicon Valley company...

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Cybersecurity firm attracts OEM funding

Posted on Oct 21, 2019 in Finance, News, Technology

There hasn’t been a high-profile car hack since researchers commandeered a Jeep Cherokee by remote control four years ago. That...

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Realtime Robotics raises $11.7 million Series A funding

Posted on Oct 16, 2019 in Cars, Finance, Technology

BOSTON–(BUSINESS WIRE)–Realtime Robotics, the inventor of responsive motion planning for industrial robots and autonomous...

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Hyundai is investing $35 billion in autonomous driving and electric cars

Posted on Oct 15, 2019 in Cars, Finance, News

London (CNN Business) – Hyundai does not intend to be left behind in the high-stakes race to build mass-market electric and...

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