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News, Analysis & Perspective on Autonomous Vehicles

Intel plans to take self-driving car unit Mobileye public

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

Dec 6 (Reuters) – Intel Corp (INTC.O) said on Monday it plans to take self-driving-car unit Mobileye public in the United States in...

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Postmates spin-off Serve Robotics raises $13M to grow its sidewalk delivery fleet

Posted on Dec 6, 2021 in Finance, News

In May, following Uber’s acquisition of Postmates, the robotics division of Postmates spun out as an independent company called Serve...

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CloudTrucks raised $115M Series B to help truck entrepreneurs manage their business

Posted on Nov 30, 2021 in Finance, News, Trucks

CloudTrucks wants to use technology to help trucking entrepreneurs operate their business: The California-based startup sells business...

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BMW i Ventures leads Series B funding round of Cambridge, Massachusetts-based Nanocoating Technology Company actnano Inc.

Posted on Nov 30, 2021 in Finance, News

Although the official home of the auto industry in the U.S. is still considered to be Detroit, there is still plenty of automotive...

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WM Motor secures US$152 million Series D2 financing led by Agile Group

Posted on Nov 30, 2021 in Finance, News

SHANGHAI and HONG KONG, Nov. 30, 2021 /PRNewswire/ — WM Motor Holdings Limited (“WM Motor,” the “Group” or...

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Tesla’s self-driving business is powering ahead despite setbacks

Posted on Nov 24, 2021 in Finance, Perspective, Technology

Tesla stock (NASDAQ: TSLA) is up by almost 60% year-to-date, with its market cap crossing the rarefied $1 trillion mark recently. The...

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China’s Xpeng muscles through chip crunch with rising deliveries

Posted on Nov 23, 2021 in Cars, Finance, News

Xpeng Inc. gained in New York trading after the Chinese electric-vehicle maker sold more cars than expected in the third quarter, evading...

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Autonomous driving system developer MAXIEYE secures B round of financing worth $47 million

Posted on Nov 19, 2021 in Finance, News

On Thursday, MAXIEYE, the autonomous driving technology and service provider, announced that the company had completed a B round of...

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Trunk.tech wins new round of financing, company to accelerate mass production of self driving trucks

Posted on Nov 17, 2021 in Finance, News, Trucks

On Wednesday, autonomous trucking startup Trunk.tech, also known as TRUNK, disclosed a new round of financing worth several hundred...

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REE automotive unveils new EV chassis, reports third-quarter loss of $414.9 million

Posted on Nov 16, 2021 in Finance, News, Technology

REE Automotive, the Israeli-based manufacturer of modular platforms to support autonomous vehicles, unveiled its Leopard automated...

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Helm.ai raises $26M for ‘unsupervised’ autonomous driving software

Posted on Nov 16, 2021 in Finance, News

Helm.ai, a startup creating software for autonomous vehicles, today announced that it raised $26 million in series B financing led by...

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FAW-Jiefang-backed Zhito Technology receives hundred of millions RMB in first investment round

Posted on Nov 15, 2021 in Finance, News, Trucks

Beijing (Gasgoo)- Zhito Technology, the FAW Jiefang-backed commercial vehicle autonomous driving startup, has completed a...

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Applied Intuition raises $175 million for automotive software tools

Posted on Nov 11, 2021 in Finance, News, Technology

Applied Intuition Inc., which makes software development tools for automotive engineers, has raised $175 million as automakers pile more...

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26-year-old CEO takes his autonomous truck company public in $5 billion deal

Posted on Nov 11, 2021 in Finance, News, Trucks

When Alex Rodrigues started his company Embark Trucks Inc., he couldn’t rent a car without age restrictions. Now 26, Rodrigues becomes one...

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Self-driving truck startup Kodiak Robotics raises $125M

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

Kodiak Robotics, one of the last privately held autonomous truck outfits in Silicon Valley, has raised $125 million in new capital,...

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Self-driving truck startup Plus, Hennessy Capital pull merger on regulatory uncertainty

Posted on Nov 9, 2021 in Finance, News, Trucks

Nov 8 (Reuters) – Self-driving truck startup Plus and blank-check company Hennessy Capital Investment Corp V (HCIC.O) have called...

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Toyota arm to spend $30 million studying human interactions with mobility, autonomous vehicles

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

Toyota says it will spend at least $30 million over the next five years, through its Collaborative Safety Research Center, studying how to...

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Why MicroVision shares crashed in October

Posted on Nov 8, 2021 in Finance, Perspective

Shares of MicroVision (NASDAQ:MVIS×​) fell 31.1% in October 2021, according to data from S&P Global Market Intelligence. The maker of...

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Self-driving software developer Aurora goes public

Posted on Nov 8, 2021 in Finance, News

Self-driving technology company Aurora announced it completed its business combination with Reinvent Technology Partners Y, a special...

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Point One Navigation raises $10M to bring its precise location tech to all vehicles

Posted on Nov 8, 2021 in Finance, News, Technology

Drivers who spend any time commuting in a new car or truck have likely experienced ping ponging — a phenomenon when a vehicle equipped...

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