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News, Analysis & Perspective on Autonomous Vehicles

Fernride CEO Hendrik Kramer shares the significance of the autonomous electric trucking company’s $50M raise

Posted on Sep 20, 2023 in Finance, Perspective

Today German autonomous electric trucking innovator Fernride announced a $19 million increase to its Series A funding, bringing the total...

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Cost rises to $65 million for kick-off phase of “driverless” shuttles in Jacksonville

Posted on Sep 14, 2023 in Finance, News

The cost of building a high-tech corridor for “driverless” shuttles on part of downtown Jacksonville’s Bay Street went...

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Conigital accelerates self-driving vehicle plans after £500m fundraise

Posted on Sep 12, 2023 in Finance, News

British driverless vehicle company Conigital has secured £500m backing from investors in its Series A+ funding round, with proceeds from...

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AI supercomputer could boost Tesla’s valuation by $480bn, City predicts

Posted on Sep 11, 2023 in Finance, Technology

Tesla shares have surged after a Wall Street bank predicted that the electric car company’s value would rise above $1.2 trillion (£958bn)...

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WeRide: Autonomous Driving Super Unicorn Approved for U.S. IPO, Valued at USD 5.1 Billion

Posted on Sep 1, 2023 in Finance

Guangzhou-based WeRide Inc., a self-driving super unicorn company valued at USD 5.1 billion (about RMB 37.2 billion), has been granted an...

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Elon Musk’s $300 Million AI Computing Cluster for Autonomous Vehicles

Posted on Aug 30, 2023 in Finance, Technology

Tesla is set to launch a massive $300 million AI computing cluster equipped with 10,000 Nvidia H100 GPUs, surpassing the capabilities of...

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Tesla’s China rival XPeng buys ride-hailing giant Didi’s smart EV assets for $744M

Posted on Aug 28, 2023 in Finance, News

Chinese electric vehicle upstart XPeng is acquiring the smart EV assets of ride-hailing giant Didi for $744 million, marking another...

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GM Stock Value Plunges 7 Percent During Week Of August 7 – August 11, 2023

Posted on Aug 12, 2023 in Finance, News

The value of GM stock decreased during the week of August 7th to August 11th, 2023. Shares closed the week at $33.89 per share,...

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Autonomous electric truck startup Fernride raises $31 million in Series A funding

Posted on Aug 6, 2023 in Finance, News

Fernride, a German autonomous, electric trucking company, has secured $31 million in Series A funding to accelerate the transition towards...

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LAZR Stock Alert: Luminar’s AI Push Will Revolutionise Self-Driving Cars

Posted on Aug 4, 2023 in Finance, Markets, Technology

As the artificial intelligence boom has progressed, companies have shifted focus and resources to the technology that can make autonomous...

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Road safety revolution: €5 million for Easyrain fuels wet road solutions

Posted on Aug 3, 2023 in Finance, News, Technology

Italian start-up, Easyrain, has secured a €5.8 million capital increase to launch the Digital Aquaplaning Information (DAI) software,...

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Buying and selling in autonomous trucking developer Aurora Innovation

Posted on Jul 28, 2023 in Finance, News

In a week that saw the field of viable autonomous trucking developers shrink again — more on Waymo Via waving buh-bye for now below —...

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Tesla investors baulk at margin loss as Musk touts self-driving future

Posted on Jul 21, 2023 in Finance

Elon Musk’s bet to sacrifice margins now for improved margins later when full self-driving software is completely integrated into...

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This is how GM stock could make you richer in 20 years

Posted on Jun 20, 2023 in Finance, Perspective, Technology

General Motors (GM -1.69%) is well-known for making massive SUVs and trucks, and it’s made good money loading those vehicles up with...

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Space Florida awards grant to GUIDENT and NOVELSAT for satellite-based Remote Monitor and Control Solution for autonomous vehicles

Posted on Jun 16, 2023 in Finance, News, Technology

BOCA RATON, FL, EXPLORATION PARK, FL & RA’ANANA, ISRAEL, June 16, 2023 (GLOBE NEWSWIRE) — Guident, a leading autonomous...

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Tesla’s valuation could soar by another $150 billion thanks to the rise of the robo-taxi, RBC says

Posted on Jun 16, 2023 in Finance, Perspective, Technology

Tesla’s market capitalization could soar by over $150 billion thanks to a looming surge in demand for robo-taxis, according to RBC...

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Fernride nudges yard trucks toward full autonomy with $31M in new funds

Posted on Jun 15, 2023 in Finance, News

Fernride has figured out a way to launch a commercially viable autonomous, electric truck business today. The secret? Not driving on...

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LeddarTech, a disruptive automotive software provider, to become a public company via business combination with Prospector Capital Corp.

Posted on Jun 13, 2023 in Finance, News, Technology

QUÉBEC CITY, June 13, 2023 (GLOBE NEWSWIRE) — LeddarTech Inc.® (“LeddarTech” or the “company”), an automotive software company that...

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Cathie Wood says robotaxi revenue is headed toward $4 trillion — 2 growth stocks to buy now

Posted on Jun 13, 2023 in Finance, Perspective, Technology

Cathie Wood is the CEO and founder of Ark Invest, an asset management company focused on disruptive technologies like DNA sequencing,...

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Why Aurora Innovation stock is skyrocketing this week

Posted on Jun 9, 2023 in Finance, Perspective, Trucks

Shares of Aurora Innovation (AUR 11.16%) are soaring this week. The self-driving vehicle technology expert saw stock prices rise 43.1%...

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