Lidar startup Aeva to go public via $2.1 billion SPAC merger
Aeva, a Mountain View, California-based lidar company started by two former Apple engineers and backed by Porsche SE, is merging with...
Read MoreTesla has increased the price of its ‘Full Self-Driving’ option to $10,000
Tesla has made good on founder and CEO Elon Musk’s promise to boost the price of its “Full Self-Driving” (FSD) software upgrade option,...
Read MoreLM Industries announces $15M funding from SPARX Group to deliver Olli to customers and consumers
SAN FRANCISCO, Oct. 15, 2020 (GLOBE NEWSWIRE) — LM Industries, the parent company of Local Motors – the world’s first and only...
Read MoreDaimler, Swiss Re launch mobility insurance venture
FRANKFURT: Swiss Re and carmaker Daimler announced a joint automotive and mobility insurance venture on Monday, seeking to tap into a...
Read MoreEnvisics nabs $50M for its in-car holographic display tech at a $250M+ valuation
The jury is still out on what might become the most viable business models for augmented reality technology, but in the meantime a startup...
Read MoreFord owns 13.06M shares in recently-publicVelodyne Lidar
Ford Motor Company F recently announced the holding of a 7.6% ownership stake in Velodyne Lidar Inc. post Monday’s trading session. This...
Read MoreEinride raises $10 million to fast track its autonomous electric cargo pods
For the past four years, Swedish startupEinride has captured interest, investment and even a few customer contracts for its...
Read MoreVelodyne Lidar chief eyes growth as stock sinks in public debut
(Bloomberg) — Velodyne Lidar Inc. could ride higher as the self-driving car revolution takes hold — that is if such modes of...
Read MoreLeddarTechappoints Dino Rambidis as Chief Financial Officer
QUEBEC CITY, Sept. 29, 2020 (GLOBE NEWSWIRE) — LeddarTech®, an industry leader in environmental sensing solutions for autonomous...
Read MoreNikola chairman, VectoIQ CEO Steve Girsky eyes his next transportation investment
Steve Girsky, the former GM vice chairman, consultant and investor whose special purpose acquisition company (SPAC) merged with hydrogen...
Read MoreRace to deliver autonomous vehicle peps up: 5 biggies in focus
The rapid development in the self-driving vehicle space can primarily be attributed to breakthroughs in technology, with the integration...
Read MoreSPAC fever, transportation sanitation and the impossibility of Level 5 autonomy
(Bloomberg) — As a founding partner at the San Francisco venture capital fund Trucks, Reilly Brennan has met with thousands of...
Read MoreLeddar Techacquires Phantom Intelligence assets
QUEBEC CITY, Sept. 22, 2020 (GLOBE NEWSWIRE) — LeddarTech®, a leader in level 1-5 ADAS and AD sensing technology, is pleased to...
Read MoreUber investors are pressuring CEO to revamp the self-driving division
With deep pockets, some of the best brains in robotics and its hallmark hustle, Uber Technologies Inc. was once a serious contender in the...
Read MoreGAC NIO announces partnership for perfecting intelligent mobility ecosystem
Shanghai (Gasgoo)- GAC NIO, a joint venture between GAC Group and NIO, announced on Sept. 16 its partnership formed with several Chinese...
Read MoreIsraeli startup Blue White Robotics raises $10 million for autonomous vehicle platform
Israeli autonomous vehicle platform startup Blue White Robotics (BWR) has announced a $10 million funding round. The round was led by...
Read MoreIdriverplus raises over $14.6 million for autonomous street cleaners and cars
Idriverplus, a Beijing-based supplier of driverless vehicle and robotics systems, this week raised over 100 million yuan (~$14.6 million)....
Read MoreToyota Research launches $800m investment fund in move to Woven Planet
The Toyota Research Institute – Advanced Development (TRI-AD) has set up a global investment fund called Woven Capital as part of...
Read MoreYandex self driving group gets $150 million, partners with Uber to bring autonomous vehicles to U.S.
On paper, a lot is happening with Yandex’s self-driving vehicles. Yandex NV YNDX -1.2%, a Russian multinational company that...
Read MoreCompanies in Hexagon’s portfolio to sponsor the Indy Autonomous Challenge
Two companies in Hexagon’s Autonomy & Positioning brand portfolio, AutonomouStuff and NovAtel, have announced their support for the...
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