Baidu Selects Hesai in $300M Deal to Supply Lidar for Self-Driving Taxis
Chinese company Hesai has won an exclusive deal to supply long-range lidar for Baidu’s next-generation self-driving taxi....
Read MoreGoogle parent company to invest another $5 billion into Waymo
Alphabet, Google’s (GOOGL) parent company, today announced another round of investments into its self-driving car unit....
Read MoreEIB supports ZF in developing advanced braking and steering for cars
The European Investment Bank (EIB) is providing a promotional loan of €425 million to German automotive supplier ZF Friedrichshafen AG....
Read MoreLG Innotek aims to grow its Vehicle Sensing Solution business into a 1.4 billion USD operation by 2030
LG Innotek (CEO Moon Hyuksoo) is poised to accelerate growth in the vehicle sensing solution business by leveraging its leading-edge...
Read MoreQCraft revs up its fundraising in autonomous driving race for cash
The maker of self-driving technology solutions recently raised several hundred million yuan in its latest funding round....
Read MoreBitsensing raises $25M for its high-resolution radar in autonomous driving
The startup says its 4D imaging radar is not just for autonomous driving but can also be applied to smart cities and digital healthcare,...
Read MoreWaabi secures $200M for AI-powered autonomous trucks, targets 2025 launch
Canadian autonomous truck startup Waabi Innovation Inc. announced today that it has raised $200 million in new funding to support its...
Read MoreChina EV leader BYD to invest $14bn in self-driving tech
Chinese electric vehicle maker BYD plans to invest 100 billion yuan ($13.8 billion) in areas related to autonomous driving, Chairman Wang...
Read MoreGM pumps $850 million in Cruise to keep struggling robotaxi company afloat
The company is expanding its manual testing to Houston as it slowly inches its way back to driverless operations following a pedestrian...
Read MoreAlabama gets major grant for autonomous bus safety research
The University of Alabama is embarking on a $3 million project to develop advanced driver assistance systems for transit buses thanks to a...
Read MoreBaidu Apollo launches 6th-gen robotaxi with 60% lower cost
Baidu’s self-driving ride hailing platform Apollo Go is close to break-even and aims to be profitable by 2025....
Read MoreHyundai Motor Group Makes Additional Investment in Autonomous Driving
According to industry sources, Hyundai Motor Group’s three subsidiaries — Hyundai Motor, Kia Corp. and Hyundai Mobis — have...
Read MoreWayve raises $1.05B in funding to accelerate autonomous vehicles driven by embodied AI
U.K.-based autonomous driving startup Wayve Technologies Ltd. said today it has closed on a bumper $1.05 billion funding round led by...
Read MoreHyundai to invest $923 million on self-driving JV Motional
Hyundai Motor Group, the world’s third-largest automaker, is set to spend nearly $1 billion on Motional, its loss-making self-driving...
Read MoreGreat Wall-backed autonomous driving startup Haomo secures RMB 300 million in new funding
The new funding comes just two months after the previous one of over RMB 100 million, and is one of the few large funding rounds in...
Read MoreFort Worth secures $2 million grant to make driverless vehicles safer
Fort Worth was awarded a $2 million grant to test low-altitude weather sensors for freight routes used by autonomous vehicles....
Read MoreKorean lidar venture SOSLab eyes Kosdaq debut in May
South Korean light detection and ranging (lidar) startup SOSLab aims to debut on the junior bourse Kosdaq in May, according to banking...
Read MoreTesla investment in autonomous driving program to exceed $10 billion this year: Musk
It takes some serious investment to pursue self-driving. This was highlighted by Elon Musk in a recent post on social media platform X,...
Read MoreAI startup SiMa.ai raises $70m to develop autonomous vehicle chip technology
SiMa.ai’s chips will be used to detect an autonomous vehicle’s surroundings, promising greater road safety....
Read MoreSelf-driving bus developer Auve Tech plans to keep going despite loss
Autonomous buses developer Auve Tech clocked a loss before depreciation and amortization of around two million euros last year, Taavi...
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