Self-driving car companies’ first step to making money isn’t robotaxis
BEIJING — While governments may be wary of driverless cars, people want to buy the technology, and companies want to cash in....
Read MoreBaidu’s Apollo Go Robotaxi service reports world’s largest order volume in Q1
Beijing (Gasgoo)- On May 26th, China’s tech giant Baidu released the unaudited financial statement of the first quarter of 2022, with...
Read MoreWilliams Advanced Engineering’s investment fund takes stake in autonomous vehicle training company
Foresight Williams Technology (FWT) has announced a £1m (US$1.25m) investment in dRISK, an autonomous vehicle testing and training...
Read MoreSelf-driving buses, shuttles and delivery vans could soon hit UK roads thanks to £40 million government-funded competition
A new £40 million competition to kick-start commercial self-driving services, such as delivery vehicles and passenger shuttles, has been...
Read MoreHyundai plans $5 billion investment in U.S. on mobility technology such as autonomous driving and robotics
Hyundai Motor said on Sunday it plans to invest $5 billion in the U.S. by 2025 to further develop mobility technologies in areas like...
Read MoreAutomated driving firm CiDi closes 300M yuan in round-C financing
Changsha-based commercial vehicle smart driving enterprise CiDi announced on Friday that it has completed round-C financing of 300 million...
Read MoreMich.’s self-driving car lane gets $130M from Ford, others
(TNS) — The road to an autonomous commute is underway and Ford has stepped up to help pave it. Michigan’s first connected and automated...
Read MoreCan Cyngn’s new AV technology pull in more investors?
Amid all the noise about autonomous vehicles from Tesla (TSLA), General Motors (GM), Waymo, Volkswagen, Ford (F), and other bellwethers,...
Read MoreGoldman Sachs, Morgan Stanley to lead Intel’s Mobileye IPO -sources
April 14 (Reuters) – Intel Corp’s (INTC.O) Mobileye has tapped investment banks Goldman Sachs Group Inc (GS.N) and Morgan...
Read MoreChina’s autonomous driving startup Leadgentech.ai closes Pre-A+ round
Beijing (Gasgoo)- China’s autonomous driving startup Leadgentech.ai has closed its Pre-A+ investment round raising double-digit million...
Read MoreIsrael investing $6.25 million in autonomous transportation pilot
Following the Israeli Government’s decision to promote a national plan for smart-transportation, the Ministry of Transport, the...
Read MoreMulti-camera 3D-vision provider Nodar secures funding to drive automation
Nodar, a maker of software for 3D-vision cameras in autonomous vehicles, announced today that it has landed $12 million in series A...
Read MoreBosch picks up Five.ai after the self-driving startup pivoted to B2B and then put itself up for sale
Consolidation is moving ahead in the world of autonomous driving, with the latest development coming out of Europe. Today, Bosch announced...
Read MoreLogistics giants hedge their bets in uncertain U.S. self-driving truck race
TUCSON, Ariz., April 4 (Reuters) – U.S. self-driving truck companies have a golden opportunity in the form of a nationwide driver...
Read MoreAutonomous driving firm iMotion bags 100M yuan in round C+ financing
Autonomous driving technology firm iMotion announced on Monday that it had completed a round C+ of financing worth 100 million yuan ($15.7...
Read MoreSelf-driving startup Zongmu raises $157 million in new funds
Zongmu Technology Shanghai Co. has raised more than 1 billion yuan ($157 million) in a new round as the Chinese autonomous driving system...
Read MoreGM is doubling down on Cruise’s autonomous future
Investing in General Motors ( GM -1.75% ) today is increasingly becoming an investment in the future of electric autonomous driving...
Read MoreBeep secures additional $25M in funding from ABS Capital, Intel Capital, Blue Lagoon Capital, TDF Ventures and Hidden Creek Management
LAKE NONA, Fla., March 22, 2022 /PRNewswire/ — Beep, a provider of multi-passenger, electric, autonomous mobility solutions,...
Read MoreBridgestone invests in autonomous driving technology provider May Mobility, kicks off broader partnership
NASHVILLE, Tenn., March 21, 2022 /PRNewswire/ — Bridgestone Americas (Bridgestone), a global leader in tires and sustainable...
Read MoreGM bets $3.5 billion more on self-driving tech unit as SoftBank exits
WASHINGTON, March 18 (Reuters) – SoftBank Group Corp’s (9984.T) Vision Fund exited its bet on General Motors (GM) (GM.N)...
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