DiDi Autonomous Driving invests in LiDAR maker Benewake
On November 17, DiDi Autonomous Driving announced an investment exceeding a hundred million yuan in Benewake (Beijing) Co., Ltd....
Read MoreSelf-Driving Vehicle Company Gets $105M Funding Boost
Michigan-based autonomous vehicle (AV) start-up May Mobility has confirmed it has raised another $105 million after it closed a series D...
Read MoreAutonomous Driving Could Get ¥2.7 Billion Boost from Japanese Govt
The government is considering earmarking ¥2.7 billion in its fiscal 2023 supplementary budget to support tech development for so-called...
Read MoreKing Long secures $1mln at Dubai World Challenge for Self-Driving Bus
Cinching first place for its self-driving bus equipped with advanced technologies, the win will see distributor AG Auto potentially deploy...
Read MoreSMMT: Electrified, driverless vehicle revolution could fuel £66bn annual UK windfall by 2040
The UK could reap the rewards of a £66bn annual windfall before 2040 driven by the widespread adoption of driverless electric vehicles...
Read MoreSelf-driving startup Pony.ai secures $100m from Saudi’s Neom
NEOM, the smart and sustainable regional development in northwest Saudi Arabia, has injected $100 million into autonomous driving firm...
Read MoreChina Self-Driving Vehicle Company Receives $149M in Funding
DiDi, once considered the Uber of China, has announced major new funding for its Autonomous Driving arm. The investment, worth up to $149...
Read MoreWatford to St Albans self-driving buses study gets funding
Last week, the Government announced £1.3 million in funding for six projects to explore how self-driving vehicles could improve local...
Read MoreGoogle Deepens Investment in UK Driverless Car Technology
In a move indicative of Google’s commitment to autonomous vehicle technology, the tech giant has announced a 3.5% stake in Oxa, a...
Read MoreFunding to examine how self-driving vehicle technology can improve local transport
Six projects have received Government and industry funding to conduct feasibility studies on how self-driving vehicle technology can...
Read MoreUber Hits Financial Milestone Despite Looming Autonomous Vehicle Threat
On Monday, Uber announced a significant financial milestone, generating an operating income of $326 million and a free cash flow of $1.1...
Read MoreAI chip company Kneron raises $49M to scale up its commercial efforts
Kneron, which is developing AI chips to power self-driving cars, among other autonomous machines, today announced that it raised $49...
Read MoreFernride CEO Hendrik Kramer shares the significance of the autonomous electric trucking company’s $50M raise
Today German autonomous electric trucking innovator Fernride announced a $19 million increase to its Series A funding, bringing the total...
Read MoreCost rises to $65 million for kick-off phase of “driverless” shuttles in Jacksonville
The cost of building a high-tech corridor for “driverless” shuttles on part of downtown Jacksonville’s Bay Street went...
Read MoreConigital accelerates self-driving vehicle plans after £500m fundraise
British driverless vehicle company Conigital has secured £500m backing from investors in its Series A+ funding round, with proceeds from...
Read MoreAI supercomputer could boost Tesla’s valuation by $480bn, City predicts
Tesla shares have surged after a Wall Street bank predicted that the electric car company’s value would rise above $1.2 trillion (£958bn)...
Read MoreWeRide: Autonomous Driving Super Unicorn Approved for U.S. IPO, Valued at USD 5.1 Billion
Guangzhou-based WeRide Inc., a self-driving super unicorn company valued at USD 5.1 billion (about RMB 37.2 billion), has been granted an...
Read MoreElon Musk’s $300 Million AI Computing Cluster for Autonomous Vehicles
Tesla is set to launch a massive $300 million AI computing cluster equipped with 10,000 Nvidia H100 GPUs, surpassing the capabilities of...
Read MoreTesla’s China rival XPeng buys ride-hailing giant Didi’s smart EV assets for $744M
Chinese electric vehicle upstart XPeng is acquiring the smart EV assets of ride-hailing giant Didi for $744 million, marking another...
Read MoreGM Stock Value Plunges 7 Percent During Week Of August 7 – August 11, 2023
The value of GM stock decreased during the week of August 7th to August 11th, 2023. Shares closed the week at $33.89 per share,...
Read More