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News, Analysis & Perspective on Autonomous Vehicles

This is how GM stock could make you richer in 20 years

Posted on Jun 20, 2023 in Finance, Perspective, Technology

General Motors (GM -1.69%) is well-known for making massive SUVs and trucks, and it’s made good money loading those vehicles up with...

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Space Florida awards grant to GUIDENT and NOVELSAT for satellite-based Remote Monitor and Control Solution for autonomous vehicles

Posted on Jun 16, 2023 in Finance, News, Technology

BOCA RATON, FL, EXPLORATION PARK, FL & RA’ANANA, ISRAEL, June 16, 2023 (GLOBE NEWSWIRE) — Guident, a leading autonomous...

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Tesla’s valuation could soar by another $150 billion thanks to the rise of the robo-taxi, RBC says

Posted on Jun 16, 2023 in Finance, Perspective, Technology

Tesla’s market capitalization could soar by over $150 billion thanks to a looming surge in demand for robo-taxis, according to RBC...

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Fernride nudges yard trucks toward full autonomy with $31M in new funds

Posted on Jun 15, 2023 in Finance, News

Fernride has figured out a way to launch a commercially viable autonomous, electric truck business today. The secret? Not driving on...

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LeddarTech, a disruptive automotive software provider, to become a public company via business combination with Prospector Capital Corp.

Posted on Jun 13, 2023 in Finance, News, Technology

QUÉBEC CITY, June 13, 2023 (GLOBE NEWSWIRE) — LeddarTech Inc.® (“LeddarTech” or the “company”), an automotive software company that...

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Cathie Wood says robotaxi revenue is headed toward $4 trillion — 2 growth stocks to buy now

Posted on Jun 13, 2023 in Finance, Perspective, Technology

Cathie Wood is the CEO and founder of Ark Invest, an asset management company focused on disruptive technologies like DNA sequencing,...

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Why Aurora Innovation stock is skyrocketing this week

Posted on Jun 9, 2023 in Finance, Perspective, Trucks

Shares of Aurora Innovation (AUR 11.16%) are soaring this week. The self-driving vehicle technology expert saw stock prices rise 43.1%...

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Intel to sell $1.5 bln stake in Mobileye

Posted on Jun 6, 2023 in Finance, News

June 5 (Reuters) – Intel Corp (INTC.O) is offering 35 million shares of Class A common stock, or about a $1.5 billion stake, in...

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Chinese autonomous driving startup Hyperview bags additional investment from Prosperity7 Ventures

Posted on May 26, 2023 in Finance, News, Technology

Shanghai (Gasgoo)- Hyperview (also known as Hongjing Drive), a Chinese autonomous driving solution provider, today announced it has...

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Applied Intuition to buy autonomous trucking SPAC Embark for $71M

Posted on May 26, 2023 in Finance, News, Technology, Trucks

Embark Trucks, the autonomous trucking company that recently cut 70% of its workforce, is being acquired by Applied Intuition, a...

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Tesla stock surged after Elon Musk said these 5 things last week

Posted on May 23, 2023 in Finance, Perspective, Technology

Last week was a positive one for investors, with the Nasdaq-100 technology index jumping by 3.3%. But it was even better for shareholders...

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TuSimple gets temporary reprieve from Nasdaq delisting

Posted on May 16, 2023 in Finance, News, Trucks

Autonomous trucking company TuSimple’s stock shot up 28% Monday after the company narrowly dodged a delisting from the Nasdaq stock...

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Pan-port self-driving solution provider SENIOR closes new funding round

Posted on May 16, 2023 in Finance, News, Trucks

Beijing (Gasgoo)- Chinese pan-port autonomous driving solution provider Senior.auto (SENIOR) announced on May 15 the completion of a new...

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WeRide to raise investment in next-generation autonomous driving tech as Beijing seeks to cut manufacturers’ logistics costs

Posted on May 8, 2023 in Finance, News, Technology

WeRide, a Chinese start-up focusing on driverless vehicle development, plans to plough more resources into level 4 (L4) autonomous driving...

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Autonomous driving company Mogo Auto secures Series C2 financing, Tencent participates in

Posted on May 6, 2023 in Finance, News, Technology

On May 6th, it was reported by 36Kr that Mogo Auto, a company offering autonomous driving technology and operation services, has...

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A pure-play way to bet on the future of self-driving cars

Posted on May 5, 2023 in Finance, Perspective, Technology

Investors were initially eager to buy shares after Intel spun off its Israel-based autonomous-vehicle company Mobileye Global (MBLY 8.01%)...

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Woven Capital, Nvidia back Foretellix’s autonomous vehicle validation tech

Posted on May 2, 2023 in Finance, News, Technology

Startups working on driverless cars fully may no longer attract the kind of nine-figure acquisition or funding offers that were prevalent...

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Mobileye shares sink as China EV demand ebbs

Posted on Apr 27, 2023 in Finance, News

April 27 (Reuters) – Shares of Mobileye Global Inc (MBLY.O) fell by more than 30% on Thursday after the maker of autonomous driving...

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Unmanned vehicle solution provider Ecar closes new financing round

Posted on Apr 24, 2023 in Finance, News

Beijing (Gasgoo)- Shanghai-based autonomous driving solution provider Ecar Tech (Ecar) today announced the completion of a new strategic...

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Bannix Acquisition Corp. announces a Binding LOI to complete a business combination with an autonomous vehicle technology company

Posted on Apr 21, 2023 in Finance, News

WEST HOLLYWOOD, Calif., April 21, 2023 (GLOBE NEWSWIRE) — Bannix Acquisition Corp. (“Bannix”: NASDAQ:BNIX) announced today that on...

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