Chinese robotaxi firm Pony.ai signals robotaxi growth ahead
Pony.ai, a self-driving tech firm, has seen its stock rise over 30% since its IPO in November 2024, despite a US$274 million loss on US$75...
Read MoreBetter Vision for Autonomous Cars Receives $1.6 Million
Illinois Tech Associate Professor of Electrical and Computer Engineering Joohee Kim and Professor of Electrical and Computer Engineering...
Read MoreOntario invests $56 million to power “homegrown” automotive and mobility companies amid trade war
The Ontario government and private partners are investing over $56 million in “homegrown” automotive and mobility companies (such as those...
Read MoreSelf-driving startup Nuro raises $106 million at lower valuation
Nuro Inc. announced a new funding round that it said will support its commercial expansion plans in additional US cities and...
Read MoreUber invests $100m in WeRide for robotaxi expansion
Uber will invest US$100 million into China’s autonomous vehicle company WeRide, as part of a plan to expand their robotaxi partnership to...
Read MoreAutomotive Sensors Market Gears Up for Growth Amid Rising Demand for Connected and Autonomous Vehicles
The global Automotive Sensors Market is expected to attain a valuation of USD 19.2 billion in 2023. The market is projected to reach USD...
Read MoreCommercial Vehicles Market Expected to Exceed USD 1,993.61 Billion by 2033
The global commercial vehicles market was valued at US$ 925.78 billion in 2024 and is projected to reach US$ 1,993.61 billion by 2033,...
Read MoreNuro secures $6 billion valuation in latest funding round
Autonomous driving technology startup Nuro said on Wednesday it fetched a valuation of $6 billion after raising $106 million in its latest...
Read MoreAutomotive LiDAR Market Revenue to Attain USD 9.04 Bn by 2033
The global automotive LiDAR market revenue reached USD 1.62 billion in 2025 and is predicted to attain around USD 9.04 billion by 2033...
Read MoreUWM is a partner on a project to address rural transportation needs with autonomous vehicles
Researchers at UWM’s College of Engineering & Applied Science are partners on a $15 million U.S. Department of Transportation grant...
Read MoreUber Set to Dominate the $14 Trillion Autonomous Ride-Hailing Market with Key Partnerships and Scale Advantage
Uber Technologies (NYSE: UBER) is poised to become the biggest winner in the emerging $14 trillion autonomous ride-hailing industry,...
Read More€1bn for driverless cars in Europe’s €50bn automotive plan
The European Commission has proposed a €50bn action plan for the automotive industry that includes €1.8bn for battery manufacturing and...
Read MoreDidi reportedly seeking funds for self-driving unit at $5B valuation
Chinese ride-hail firm Didi is on the hunt for fresh funds for its autonomous vehicle technology unit that could value it at $5 billion....
Read MoreOklahoma State University awarded $4M for autonomous vehicle research
Dr. Joshua Li, associate professor for the College of Engineering, Architecture and Technology’s School of Civil and Environmental...
Read MoreCoventry-based autonomous vehicle group sees revenues jump by a third
Aurrigo has reported a jump in revenues as the AIM-listed firm saw a surge in demand for its airside technology....
Read MoreGrab rides to record quarterly revenue in Q4 2024, sets sights on AI and autonomous vehicles
While acknowledging that self-driving vehicles remain in “very early days” in the region, he noted that Grab is actively engaging with...
Read MoreKorea invests 500 billion won in autonomous driving and future vehicle technologies
The Ministry of Trade, Industry and Energy is accelerating efforts to secure technologies in the autonomous driving sector, which is...
Read MoreLiDAR Market Projected to Reach US$5.352 Billion by 2029 Thanks to Advanced Autonomous Driving and Logistics Demand, Says TrendForce
Propelled by advancements in Level 3 and higher autonomous driving systems and logistics solutions, the global LiDAR market is forecast to...
Read MoreCyngn raises $33m, to drive industrial autonomous vehicles
Cyngn Inc. announced that it has secured $33 million in funding. This funding positions the company to accelerate its growth and deliver...
Read MoreHere, AWS Sign $1B Mapping Deal for Automated Cars at CES 2025
The hope is that the collaboration will help OEMs accelerate their development of Advanced Driver Assistance Systems (ADAS) and Automated...
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