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News, Analysis & Perspective on Autonomous Vehicles

ByteDance said to invest in Chinese self-driving startup QCraft

Posted on Mar 4, 2021 in Finance, News

Chinese social media titan ByteDance Ltd. is investing in local autonomous driving startup QCraft Inc., according to people familiar with...

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Gatik to winterize self-driving box trucks through partnership with Ontario government

Posted on Mar 2, 2021 in Finance, News, Trucks

Gatik, a startup developing an autonomous vehicle stack for B2B short-haul logistics, today announced it has secured CAD$9 million (~$7.12...

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Continental acquires Recogni minority stake

Posted on Feb 23, 2021 in Finance, News, Technology

Continental has acquired a minority stake in German-US start-up, Recogni. The company is working on a new chip architecture for object...

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CapStone Holdings Inc. invests $10M in Perrone Robotics

Posted on Feb 22, 2021 in Finance, News

BONITA SPRINGS, Fla., Feb. 22, 2021 /PRNewswire/ — CapStone Holdings, a business incubator and investment group, is pleased to...

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Automotive edge AI chip designer Recogni raises $49m

Posted on Feb 17, 2021 in Finance, News, Technology

Recogni has raised $48.9m (€40m) for its AI automotive perception module technology, bringing the total for the US-German company to...

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Ford sells stake in Velodyne, a maker of autonomous-car sensors

Posted on Feb 15, 2021 in Finance, News, Technology

Ford Motor Co. has sold off its stake in Velodyne Lidar Inc., a leading maker of sensors being used in the development of self-driving...

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Plus raises $200 million to develop its autonomous truck platform

Posted on Feb 10, 2021 in Finance, News, Trucks

Plus, a startup developing autonomous truck technology, today announced it has completed a $200 million series B round led by new...

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Swift Navigation raises $50 million Series C round to accelerate consumer adoption of automotive safety and precise navigation applications across the globe

Posted on Feb 9, 2021 in Finance, News, Technology

SAN FRANCISCO, Feb. 09, 2021 (GLOBE NEWSWIRE) — Swift Navigation, a San Francisco-based tech firm redefining GNSS (Global Navigation...

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Pony.ai raises $100 million more to advance its autonomous vehicle tech

Posted on Feb 7, 2021 in Cars, Finance, News

Self-driving car startup Pony.ai today announced it has raised $100 million in an extension of its series C round. The funds bring the...

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Goodyear Ventures invests in autonomous trucking company TuSimple

Posted on Feb 4, 2021 in Finance, News

Goodyear Ventures has added TuSimple, a global autonomous trucking technology company, to its growing investment portfolio....

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Ford posts strong results, promises big bet on electric and self-driving cars

Posted on Feb 4, 2021 in Finance, News

New York (CNN Business)Ford reported surprisingly good financial results at the end of a tough year, and said it was increasing its...

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One of Uber’s earliest investors says the billions it spent on self-driving were a ‘waste of money’

Posted on Feb 3, 2021 in Cars, Finance, Perspective

Uber’s food-delivery business has been a massive boon for the company as the pandemic sent ride-hailing revenues down the tubes and...

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UNT awards grants for autonomous vehicle research

Posted on Jan 29, 2021 in Finance, News

Maurizio Manzo and Hector Siller in the College of Engineering, along with Abdulrahman Habib in the College of Science, were selected by...

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China’s Didi raises $300 million for autonomous driving unit

Posted on Jan 28, 2021 in Finance, News

BEIJING (Reuters) – Chinese ride-hailing giant Didi Chuxing said on Thursday it has raised $300 million for its autonomous driving...

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Starship raises $17 million to send autonomous delivery robots to new campuses

Posted on Jan 27, 2021 in Cars, Finance, News

Starship Technologies, a startup developing driverless delivery robots, this morning announced is has raised $17 million and added service...

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Chinese self-driving solutions startup UISEE draws 1B yuan in new funding round

Posted on Jan 22, 2021 in Finance, News

Chinese self-driving solutions startup UISEE Technology has completed a new funding round and raised more than 1 billion yuan ($154...

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U.S. Xpress invests in autonomous trucking technology company TuSimple

Posted on Jan 22, 2021 in Finance, News, Trucks

Trucking company U.S. Xpress Enterprises, Inc. has invested in TuSimple, a self-driving technology company bringing to market an...

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Werner invests in TuSimple to spur autonomous trucking

Posted on Jan 20, 2021 in Finance, News, Trucks

Transportation and logistics provider Werner Enterprises announced it invested in TuSimple, an autonomous trucking technology company...

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Cruise, GM partner with Microsoft to ramp up self-driving vehicles

Posted on Jan 19, 2021 in Cars, Finance, News, Technology

(Reuters) – Self-driving car maker Cruise and majority shareholder General Motors Co said on Tuesday they would partner with...

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South Korea to aid self-driving R&D

Posted on Jan 15, 2021 in Finance, News

The South Korean government said it would make available grants worth KRW1.1trn (US$1bn) over the next seven years to companies developing...

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