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News, Analysis & Perspective on Autonomous Vehicles

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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UK gov invests £28 million to trial innovative 5G use cases

Posted on Jan 13, 2021 in Buses, Finance, News

The UK government has announced a £28 million investment in nine nationwide projects that will trial innovative uses of 5G networks. This...

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UK on the cusp of a transport revolution, as self-driving vehicles set to be worth nearly £42 billion by 2035

Posted on Jan 13, 2021 in Finance, Knowledge Center, News, Reports

The full economic value of self-driving vehicles in the UK has been revealed, as Transport Minister Rachel Maclean sets out that the...

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Autonomous vehicle startup WeRide raises $320 million

Posted on Jan 13, 2021 in Finance, News

WeRide, a Guangzhou, China-based startup developing autonomous vehicle systems, this evening announced that it raised a total of $310...

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AI-powered chip developer Horizon Robotics raises $400 million in latest funding round

Posted on Jan 7, 2021 in Finance, News, Technology

The auto industry is truly global. Most vehicles are built with mechanical parts, electronics and other hardware from manufacturers all...

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Oxbotica raises $47M to deploy its autonomous vehicle software in industrial applications

Posted on Jan 5, 2021 in Finance, News, Technology

While the world continues to await the arrival of safe, reliable and cost-effective self-driving cars, one of the pioneers in the world of...

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Teledyne is buying FLIR to create a super-sized sensor shop with thermal and laser vision

Posted on Jan 4, 2021 in Finance, News, Technology

Industrial sensor giant Teledyne will acquire FLIR, an Oregon-based company that makes thermal-imaging and night vision technology, the...

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Lidar startup Aeva raises another $200M ahead of its debut as a public company

Posted on Jan 4, 2021 in Finance, News, Technology

Aeva, the lidar company started by two former Apple engineers, has raised an additional $200 million in private investment from Hong Kong...

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Chinese robocar maker plans hunt for fresh capital in new year

Posted on Dec 23, 2020 in Cars, Finance, News, Trucks

(Bloomberg) — Beijing Idriverplus Technology Co. plans a fresh fundraising round in the new year and may eye an initial public...

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Driverless tech firm extends crowdfunding campaign

Posted on Dec 23, 2020 in Finance, News, Technology

A Birmingham company which is developing driverless vehicle technology has extended its crowdfunding campaign. Conigital has so far raised...

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Chinese autonomous vehicle company WeRide raises $200 mln from bus maker Yutong

Posted on Dec 22, 2020 in Buses, Finance, News

BEIJING: WeRide, a Chinese startup developing autonomous vehicles, said on Wednesday it had raised $200 million from Yutong Group, the...

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Apple inches toward record after report on autonomous car plans

Posted on Dec 22, 2020 in Cars, Finance, News

Apple Inc. rose on Tuesday, with the stock returning to near-record levels after Reuters reported that the company plans to build a...

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Horizon Robotics, a Chinese rival to Nvidia, seeks to raise over $700M

Posted on Dec 22, 2020 in Finance, News, Technology

In their rush to offer alternatives to advanced western chipsets, Chinese semiconductor companies are racking up large fundings from...

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Exclusive: Self-driving startup Ouster nears $1.9 billion deal to go public – sources

Posted on Dec 22, 2020 in Finance, News, Technology

(Reuters) – Ouster Inc, a U.S. startup that makes lidar sensors for self-driving cars and smart cities, is nearing a deal to go...

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