In Tesla’s shadow, China’s NIO prices IPO at low end of target: source
Chinese electric vehicle start-up NIO Inc priced at the bottom of its targeted price range in its U.S. initial public offering on Tuesday,...
Read MoreParkWhiz raises $20 million to help ready parking facilities for driverless cars
Chicago-based ParkWhiz announced Friday that it has raised $20 million in new venture capital and plans to use the investment to fund its...
Read MoreDenso leads $65 million Series C funding round in ThinCI to make autonomous cars a reality
DENSO Corporation, a $48.1 billion company and one of the world’s largest automotive suppliers of technology and components, continues to...
Read MoreFiat Chrysler spending $30M on self-driving test facility at Chelsea
Fiat Chrysler Automobiles is adding more muscle to its self-driving vehicle testing efforts. The company will spend more than $30 million...
Read MoreTesla decreases the price of Enhanced Autopilot after delivery temporarily, still hasn’t fixed Full Self-Driving price
It is an interesting time for Tesla Autopilot and its different option packages ahead of upcoming updates. Tesla is now temporarily...
Read MoreVW acquires minority stake in autonomous-drive software company
Volkswagen Group has acquired a minority stake in eastern German software startup FDTech, in a bid to strengthen its expertise in...
Read MoreWaymo success spells big upside for Alphabet, Morgan Stanley says in street-high forecast
The accelerating success of Alphabet’s self-driving car unit, Waymo, spells big upside for stakeholders, according to Morgan...
Read More$3 billion deal could turn Manassas into key supplier for self-driving car components
Micron, a publicly traded semiconductor manufacturer based in Boise, Idaho, announced Wednesday that it plans to spend $3 billion to...
Read MoreZF invests in future engineers with expanded FIRST presence
The tens of billions of dollars being spent to develop self-driving vehicles has exacerbated a frustrating problem in the auto industry:...
Read MoreAutonomous vehicle vision program receives big investment
FLIR Systems, who specialize in thermal imaging, have made a strategic investment in CVEDIA, a Singapore-based machine learning and AI...
Read MoreToyota will reportedly invest $500 million in Uber for self-driving car research
Toyota will invest $500 million in Uber in a deal that values the ride-hail giant at $72 billion, according to The Wall Street Journal. As...
Read MorePony.ai racing to top of Chinese self-driving startups for funds raised
China is a market leader in terms of electric cars, but that’s just one of the emerging trends in the automotive world. Autonomous...
Read MoreCarmera, the mapping startup for autonomous vehicles, raises $20 million
Autonomous vehicles need more than a brain to operate safely in a world filled with obstacles. They need maps. Or more specifically,...
Read MoreStealthy self-driving startup Ghost Locomotion raises $15 million, filings show
The SF Bay Area is home to a lot of self-driving car initiatives. Some startups, like Zoox, are trying “to make the whole widget” by...
Read MoreHyundai Mobis bets big on AI-based camera
Hyundai Mobis recently invested 8 billion won ($7.14 million) in a local startup named StradVision to develop high-tech cameras for safer...
Read MoreAptiv rides on investments & collaborations, high costs rife
Aptiv PLC APTV is banking on technology investments, acquisitions and collaborations in order to capitalize on developing automotive...
Read MoreHyundai Motor expands mobility service in India through strategic investment in Revv
Hyundai Motor Company is partnering with -, India’s fastest growing self-drive car-sharing company, to develop an innovative car-sharing...
Read MoreDriverless cars will cost Australia’s state governments billions in annual revenue
The widespread take-up of driverless and electric vehicles would mean great savings for consumers but significant revenue losses for state...
Read MoreA Zimbabwean working on a driverless car raised another $126,000 and is about to start production
Around the halfway mark of 2017 we started talking about how William Sachiti –a Zimbabwean- the founder of Academy of Robotics, which was...
Read MoreChinese electric car company Nio seeks to raise $1.8 billion in IPO
Nio, a Chinese company that makes electric cars, has filed to go public on the New York Stock Exchange. The company said in a filing on...
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