Five, the self-driving startup, raises $41M and pivots into B2B, away from building its own fleet
We are still years away from a time when fully-autonomous cars will be able to drive us from A to B, and the complexity of getting to that...
Read MoreChina’s Geely invests $326 million to build satellites for autonomous cars
BEIJING (Reuters) – China’s Zhejiang Geely Holding Group said on Tuesday it was investing 2.27 billion yuan ($326 million) in a new...
Read MoreWaymo has a first-to-market advantage in autonomous ride services
I’ve been writing articles about autonomous vehicles on Seeking Alpha for almost two years, and I continue to believe that 2021 will...
Read MoreWaymo raises $2.25 billion to scale up autonomous vehicles operations
Waymo, Google parent company Alphabet’s autonomous vehicles division, just got a massive capital infusion from a coterie of investors. It...
Read MoreZoox scouts for funding ahead of self-driving taxi debut
Zoox is in “advanced discussions with several strategic partners and corporate investors” for its next round of funding, CEO...
Read MoreEXCLUSIVE-Autonomous driving startup Pony.ai raises $500 mln in Toyota-led funding: sources
HONG KONG/BEIJING, Feb 26 (Reuters) – Autonomous driving firm Pony.ai has raised around $500 million in its latest funding round,...
Read MoreRussian driverless tech company Cognitive Pilot sets sights on IPO
MOSCOW: Russian technology start-up Cognitive Pilot, which makes components for driverless vehicles, is considering an initial public...
Read MoreDo Progressive and Geico need to think like hurricane insurers when it comes to self-driving cars?
The current state of the $200 billion automobile insurance industry consists predominantly of sales to the consumer, either directly or...
Read MoreOutrider raises $53 million to develop autonomous truck technology
Driverless vehicle technology has the potential to transform industries — and indeed, it already has. Stockholm, Sweden-based Einride has...
Read MoreTesla’s biggest problem with self-driving cars is that it actually has to sell them to customers
Tesla is the dominant electric carmaker in the industry – an impressive achievement in just over 15 years of existence. But it wants...
Read MoreFor self-driving startups, revenue is elusive, but miles add up
May Mobility Inc.’s boxy white-and-green self-driving shuttle pulls up to a damp corner in downtown Detroit. Its big doors swing out...
Read MoreUber pays Google $9.7 million to settle legal beef in tangled self-driving car fight
Another piece of the tangled legal fight sparked by Uber’s attempt to catch up to Google’s self-driving car program has been resolved,...
Read MoreBMW i Ventures invests in AutoFi, a San Francisco-based vehicle financing startup
The era of haggling with a salesperson to purchase a vehicle may soon be over, as technology continues to play a role in the purchase of a...
Read MoreInvestors hit the brakes on automotive startups
Last year, Ted Serbinski called his accelerator, TechStars Detroit, the “‘comeback city’s’ startup ecosystem.” Since 2015, the accelerator...
Read MoreGM’s Cruise values autonomous vehicle industry at $8 trillion
The global autonomous vehicle industry is an $8 trillion market opportunity, according to General Motors’ autonomous vehicle unit Cruise....
Read MoreGM commits $3 billion to build electric and autonomous vehicles in Michigan
GM said Monday it will invest $2.2 billion into its Detroit-Hamtramck assembly plant to produce all-electric trucks and SUVs, as well as a...
Read MoreAMS investors approve capital increase to fund Osram takeover
VIENNA (Reuters) – AMS (AMS.S) shareholders approved a 1.7 billion euros ($1.9 billion) capital increase to fund the Osram (OSRn.DE)...
Read MoreProjects funded for autonomous vehicle cyber security
Seven projects whose participants include Honda, Thales and WMG have won funding to develop cyber security solutions for connected and...
Read MoreDOT grants back development of autonomous-vehicle industry
On Dec. 21, 2018, the U.S. Department of Transportation released a Notice of Funding encouraging municipalities, states or other...
Read MoreDataspeed Inc. team awarded $1.77 million grant from Michigan Department of Transportation
DETROIT, Jan. 13, 2020 /PRNewswire/ — Dataspeed Inc., a leading autonomous vehicle engineering provider, in partnership with AM...
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