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News, Analysis & Perspective on Autonomous Vehicles

China’s robotaxi upstart WeRide confidentially files for IPO

Posted on Mar 14, 2023 in Cars, Finance, News, one of the most funded Chinese robotaxi operators, has confidentially filed to go public in the U.S., Bloomberg reported on...

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China’s autonomous truck solution developer Corage closes new strategic financing round

Posted on Mar 8, 2023 in Finance, News, Trucks

Beijing (Gasgoo)- Chinese commercial vehicle autonomous driving company Corage announced on March 7 that it has secured strategic...

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GM’s Cruise to focus on cost cuts as it ramps up robotaxis

Posted on Mar 7, 2023 in Cars, Finance, News, Technology

SAN FRANCISCO, March 6 (Reuters) – General Motors Co’s (GM.N) robotaxi unit Cruise is focusing on cutting costs this year, a...

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Hankook & Company acquires 3Secondz autonomous driving technology

Posted on Mar 7, 2023 in Finance, News, Technology

Autonomous driving technology form Korean startup 3Secondz had been acquired by Hankook & Company. Established in 2016 by CEO Kim...

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Self-driving firm iMotion weighs $300 million Hong Kong IPO, sources say

Posted on Mar 1, 2023 in Finance, News

iMotion Automotive Technology Suzhou Co., a developer and provider of AI automated driving solutions, is considering a Hong Kong initial...

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University of Michigan receives $3 million for autonomous vehicle research

Posted on Feb 21, 2023 in Finance, News, Technology

Washington — A research center for self-driving vehicles at the University of Michigan received a $3 million grant Tuesday from the...

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7 stocks to buy for the future of autonomous vehicles

Posted on Feb 16, 2023 in Finance, Perspective

With advancing technologies making the unbelievable transition from science fiction into science fact, forward-looking investors may want...

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Mobileye riding high after shelving fully autonomous vehicle dream

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

What’s the reason behind the surge in Mobileye’s stock on Nasdaq in recent weeks? On Tuesday it jumped by almost 10% even...

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Lidar makers Ouster and Velodyne complete their merger, creating a sector powerhouse

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

Lidar makers Ouster and Velodyne said on Monday that they have successfully completed a “merger of equals,” creating a lidar powerhouse....

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China’s Hesai Group climbs in Nasdaq debut on autonomous transport hopes

Posted on Feb 9, 2023 in Finance, News

Hesai Group, a supplier of sensors for self-driving vehicles whose investors include Baidu and smartphone maker Xiaomi, rose by 10.8% on...

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Mobileye closing on $35 billion market cap after doubling its valuation in three months

Posted on Feb 6, 2023 in Finance, Perspective

Mobileye’s valuation of $16.7 billion when it went public last October was considered to be disappointing by many onlookers. After all,...

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Innoviz Technologies Ltd. (INVZ) stock jumps 9.8%: Will it continue to soar?

Posted on Feb 1, 2023 in Finance, Perspective, Technology

Innoviz Technologies Ltd. (INVZ) shares soared 9.8% in the last trading session to close at $5.58. The move was backed by solid volume...

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UK Government backing helps launch world first self-driving bus

Posted on Feb 1, 2023 in Buses, Finance, News, Technology

Passengers will be boarding the world’s first fully sized, self-driving bus service in Edinburgh from the Spring, after it was awarded a...

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This radar tech startup just raised $17 million to make automated driving cheaper and safer

Posted on Jan 31, 2023 in Finance, News, Technology

Autonomous cars and trucks won’t be a big business for years, but the market for automating some driving functions is booming and most new...

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ComfortDelGro invests US$4 million in Ottopia to strengthen AV capabilities

Posted on Jan 18, 2023 in Finance, News, Technology

ComfortDelGro Corporation is set to boost its autonomous vehicle (AV) capabilities by investing US$4 million (S$5.4 million) in Ottopia –...

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Lidar firm Hesai Technology to debut on Nasdaq

Posted on Jan 18, 2023 in Finance, News, Technology

Leading Chinese lidar firm Hesai Technology submitted a prospectus on January 17 in preparation for its listing on the Nasdaq under stock...

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Self-driving truck startup Waabi brings on Volvo VC as strategic investor

Posted on Jan 18, 2023 in Finance, News

Autonomous trucking startup Waabi has bagged Volvo Group Venture Capital AB, the automaker’s VC arm, as a strategic investor. The...

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Bosch to invest around €950M in development and production of electromobility and automated driving tech in China; new JV for BEV and FCEV systems

Posted on Jan 13, 2023 in Finance, News

Bosch will invest around €950 million in the development and production of components for electromobility and automated driving in Suzhou,...

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My top tech IPO to buy in January

Posted on Jan 12, 2023 in Finance, Perspective

Last year was not kind to the initial public offering market, with global IPO activity volume tumbling 45%, leading to a 61% decline in...

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VSORA secures $4.2 million in financing from Otium Capital, Angel Investors

Posted on Jan 11, 2023 in Finance, News

PARIS, Jan. 11, 2023 (GLOBE NEWSWIRE) — VSORA, an innovative startup offering silicon intellectual property (IP) solutions and...

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