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News, Analysis & Perspective on Autonomous Vehicles

Chinese smart car supplier PATEO raises 1 bln yuan in new funding round

Posted on Jul 1, 2022 in Finance, News, Technology

SHANGHAI, July 1 (Reuters) – Chinese smart vehicle supplier Shanghai PATEO Electronic Equipment Manufacturing Co said on Friday it...

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Geometrical-PAL receives strategic investment from SAE International

Posted on Jun 30, 2022 in Finance, News, Technology

Beijing (Gasgoo)- Shanghai-based intelligent driving developer, Geometrical-PAL (G-PAL), recently closed a new strategic investment round...

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Driverless taxis are here. How should investors play it?

Posted on Jun 23, 2022 in Cars, Finance, Perspective

Yesterday was a massive day in the world of self-driving cars or autonomous vehicles (AVs). Cruise, a subsidiary of GM (GM), gave rides in...

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RoboSense concludes another transaction for latest investment round

Posted on Jun 14, 2022 in Finance, News, Technology

Beijing (Gasgoo)- On June 14th, LiDAR supplier RoboSense announced the completion of the latest transaction in its new strategic...

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Continental Group invests in China’s autonomous driving company MOTOVIS

Posted on Jun 13, 2022 in Finance, News, Technology

Beijing (Gasgoo)- On June 13th, China’s autonomous driving developer, MOTOVIS, announced the completion of its Series C financing round...

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Autonomous driving firm Autra Tech secures nearly $30M in pre-A funds

Posted on Jun 8, 2022 in Finance, News, Trucks

Autonomous driving trunk logistics company Autra Tech announced on Wednesday that it had completed a pre-A round of financing in April,...

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Self-driving car companies’ first step to making money isn’t robotaxis

Posted on Jun 1, 2022 in Finance, Perspective, Technology

BEIJING — While governments may be wary of driverless cars, people want to buy the technology, and companies want to cash in....

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Baidu’s Apollo Go Robotaxi service reports world’s largest order volume in Q1

Posted on May 26, 2022 in Cars, Finance, News

Beijing (Gasgoo)- On May 26th, China’s tech giant Baidu released the unaudited financial statement of the first quarter of 2022, with...

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Williams Advanced Engineering’s investment fund takes stake in autonomous vehicle training company

Posted on May 26, 2022 in Finance, News, Technology

Foresight Williams Technology (FWT) has announced a £1m (US$1.25m) investment in dRISK, an autonomous vehicle testing and training...

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Self-driving buses, shuttles and delivery vans could soon hit UK roads thanks to £40 million government-funded competition

Posted on May 23, 2022 in Finance, News, Technology

A new £40 million competition to kick-start commercial self-driving services, such as delivery vehicles and passenger shuttles, has been...

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Hyundai plans $5 billion investment in U.S. on mobility technology such as autonomous driving and robotics

Posted on May 22, 2022 in Cars, Finance, News, Technology

Hyundai Motor said on Sunday it plans to invest $5 billion in the U.S. by 2025 to further develop mobility technologies in areas like...

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Automated driving firm CiDi closes 300M yuan in round-C financing

Posted on May 6, 2022 in Finance, News, Technology

Changsha-based commercial vehicle smart driving enterprise CiDi announced on Friday that it has completed round-C financing of 300 million...

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Mich.’s self-driving car lane gets $130M from Ford, others

Posted on Apr 27, 2022 in Finance, Infrastructure, News, Technology

(TNS) — The road to an autonomous commute is underway and Ford has stepped up to help pave it. Michigan’s first connected and automated...

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Can Cyngn’s new AV technology pull in more investors?

Posted on Apr 25, 2022 in Finance, Perspective, Technology

Amid all the noise about autonomous vehicles from Tesla (TSLA), General Motors (GM), Waymo, Volkswagen, Ford (F), and other bellwethers,...

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Goldman Sachs, Morgan Stanley to lead Intel’s Mobileye IPO -sources

Posted on Apr 15, 2022 in Cars, Finance, News

April 14 (Reuters) – Intel Corp’s (INTC.O) Mobileye has tapped investment banks Goldman Sachs Group Inc (GS.N) and Morgan...

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China’s autonomous driving startup closes Pre-A+ round

Posted on Apr 13, 2022 in Finance, News

Beijing (Gasgoo)- China’s autonomous driving startup has closed its Pre-A+ investment round raising double-digit million...

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Israel investing $6.25 million in autonomous transportation pilot

Posted on Apr 13, 2022 in Finance, News, Technology

Following the Israeli Government’s decision to promote a national plan for smart-transportation, the Ministry of Transport, the...

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Multi-camera 3D-vision provider Nodar secures funding to drive automation

Posted on Apr 12, 2022 in Finance, News, Technology

Nodar, a maker of software for 3D-vision cameras in autonomous vehicles, announced today that it has landed $12 million in series A...

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Bosch picks up after the self-driving startup pivoted to B2B and then put itself up for sale

Posted on Apr 12, 2022 in Finance, News, Technology

Consolidation is moving ahead in the world of autonomous driving, with the latest development coming out of Europe. Today, Bosch announced...

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Logistics giants hedge their bets in uncertain U.S. self-driving truck race

Posted on Apr 4, 2022 in Finance, Technology, Trucks

TUCSON, Ariz., April 4 (Reuters) – U.S. self-driving truck companies have a golden opportunity in the form of a nationwide driver...

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