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News, Analysis & Perspective on Autonomous Vehicles

Automotive LiDAR Market Revenue to Attain USD 9.04 Bn by 2033

Posted on Mar 27, 2025 in Finance, Knowledge Center, Reports, Technology

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...

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UWM is a partner on a project to address rural transportation needs with autonomous vehicles

Posted on Mar 26, 2025 in Finance, News

Researchers at UWM’s College of Engineering & Applied Science are partners on a $15 million U.S. Department of Transportation grant...

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Uber Set to Dominate the $14 Trillion Autonomous Ride-Hailing Market with Key Partnerships and Scale Advantage

Posted on Mar 25, 2025 in Finance, Markets, News

Uber Technologies (NYSE: UBER) is poised to become the biggest winner in the emerging $14 trillion autonomous ride-hailing industry,...

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€1bn for driverless cars in Europe’s €50bn automotive plan

Posted on Mar 5, 2025 in Finance, News

The European Commission has proposed a €50bn action plan for the automotive industry that includes €1.8bn for battery manufacturing and...

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Didi reportedly seeking funds for self-driving unit at $5B valuation

Posted on Mar 4, 2025 in Finance, News

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....

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Oklahoma State University awarded $4M for autonomous vehicle research

Posted on Feb 26, 2025 in Finance, News

Dr. Joshua Li, associate professor for the College of Engineering, Architecture and Technology’s School of Civil and Environmental...

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Coventry-based autonomous vehicle group sees revenues jump by a third

Posted on Feb 25, 2025 in Finance

Aurrigo has reported a jump in revenues as the AIM-listed firm saw a surge in demand for its airside technology....

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Grab rides to record quarterly revenue in Q4 2024, sets sights on AI and autonomous vehicles

Posted on Feb 20, 2025 in Finance, News

While acknowledging that self-driving vehicles remain in “very early days” in the region, he noted that Grab is actively engaging with...

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Korea invests 500 billion won in autonomous driving and future vehicle technologies

Posted on Feb 13, 2025 in Finance

The Ministry of Trade, Industry and Energy is accelerating efforts to secure technologies in the autonomous driving sector, which is...

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LiDAR Market Projected to Reach US$5.352 Billion by 2029 Thanks to Advanced Autonomous Driving and Logistics Demand, Says TrendForce

Posted on Jan 20, 2025 in Finance, Markets

Propelled by advancements in Level 3 and higher autonomous driving systems and logistics solutions, the global LiDAR market is forecast to...

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Cyngn raises $33m, to drive industrial autonomous vehicles

Posted on Jan 15, 2025 in Finance

Cyngn Inc. announced that it has secured $33 million in funding. This funding positions the company to accelerate its growth and deliver...

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Here, AWS Sign $1B Mapping Deal for Automated Cars at CES 2025

Posted on Jan 8, 2025 in Finance, News

The hope is that the collaboration will help OEMs accelerate their development of Advanced Driver Assistance Systems (ADAS) and Automated...

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NXP snaps up TTTech Auto for $625M to accelerate autonomous vehicle safety

Posted on Jan 7, 2025 in Finance, News

NXP Semiconductors N.V. said today it has entered into an agreement to buy an Austrian startup called TTTech Auto AG, which builds...

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Turing, an Autonomous Driving System Developer, Raises Additional 1 Billion Yen from Government Funds

Posted on Dec 26, 2024 in Finance, News

Turing, a developer of autonomous driving systems, announced on the 25th that it has raised 1.02 billion yen in a pre-Series A extension...

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Listed autonomous vehicle firm to scale production with £5m raise

Posted on Dec 12, 2024 in Finance, News

Aurrigo International, a Coventry-based tech firm developing self-driving vehicles for the aviation industry, is looking to accelerate...

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Pony AI set for Nasdaq debut at $4.55B valuation

Posted on Nov 27, 2024 in Finance, Markets, News

Chinese autonomous driving technology company Pony AI will start trading on the Nasdaq on Wednesday at an offering price of $13 per share,...

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Berlin-based Xavveo secures over €7.9 million to enhance autonomous vehicle safety

Posted on Nov 5, 2024 in Finance, Technology

Xavveo a Berlin-based startup secured €7.9 million aiming to redefine safety and reliability in autonomous driving through its pioneering...

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Chinese autonomous driving firm DeepRoute.ai raises US$100 million as adoption accelerates

Posted on Nov 4, 2024 in Finance

Chinese autonomous driving technology developer DeepRoute.ai has raised US$100 million from an carmaker, the company said on Monday, as it...

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Toyota, NTT plan US$3.27 billion outlay on mobility AI system for autonomous driving

Posted on Oct 31, 2024 in Finance, News

The mobility AI platform is envisioned to support autonomous driving, while targeting a reduction of traffic accidents to zero....

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Alphabet’s Waymo closes $5.6 bln funding to expand autonomous ride-hailing service

Posted on Oct 25, 2024 in Finance, News

Alphabet’s (GOOGL.O), opens new tab self-driving unit, Waymo, said on Friday it had closed a $5.6 billion funding round led by the...

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