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News, Analysis & Perspective on Autonomous Vehicles

GM Cruise autonomous vehicles valued at $19 billion

Posted on May 9, 2019 in Cars, Finance, News

In a boost to the autonomous car industry GM’s self-driving car division, Cruise, has announced raising a $1.15 billion investment. Its...

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Ford and GM among stocks driving toward profits with autonomous vehicles

Posted on May 8, 2019 in Cars, Finance, News

In Dubai earlier this year, Tesla (TSLA – Get Report) CEO Elon Musk made another of his infamous predictions: “I think we will...

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GM Cruise autonomous vehicle unit gets $1.15B investment

Posted on May 7, 2019 in Cars, Finance, News

A group of institutional investors is sinking $1.15 billion into GM Cruise LLC, the autonomous vehicle unit of General Motors. Cruise...

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Tesla increases price of Full Self-Driving in move to make its cars ’appreciating assets’

Posted on May 3, 2019 in Cars, Finance, News

Today, Tesla increased the price of its Full Self-Driving package in an attempt to make its cars ‘appreciating assets’, as previously...

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Elon Musk to investors: Self-driving will make Tesla a $500 billion company

Posted on May 2, 2019 in Cars, Finance, News

Citigroup and Goldman Sachs, who are underwriting Tesla’s latest effort to raise $2 billion in new funds, held a “broad investor call” on...

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Toyota to invest $100 million in self-driving and robotic technology start-ups

Posted on May 2, 2019 in Cars, Finance, News

Toyota is creating a $100 million venture fund to invest in autonomous driving and robotic technology start-ups as automakers increasingly...

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GM’s truck sales finance push for self-driving cars; company shows $2.1 billion profit

Posted on Apr 30, 2019 in Finance, News, Trucks

General Motors is all-in on electric and self-driving cars — but amid dampening enthusiasm for autonomous vehicles, GM’s aggressive...

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Sweden’s Veoneer to raise cash as driverless car progress slows

Posted on Apr 29, 2019 in Cars, Finance, News

Sweden’s Veoneer said on Monday it would seek up to $500 million in new capital to help the maker of electronic car products cope with a...

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Uber’s self-driving car unit raises $1B from Toyota, Denso and Vision Fund ahead of spin-out

Posted on Apr 19, 2019 in Cars, Finance, News

Uber has confirmed it will spin out its self-driving car business after the unit closed $1 billion in funding from Toyota, auto-parts...

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Uber eyes IPO and spies an autonomous future

Posted on Apr 16, 2019 in Cars, Finance, News

Uber filed its S-1 last week with the U.S. Securities and Exchange Commission, setting the stage for its initial public offering next...

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Uber spent $457 million on self-driving and flying car R&D last year

Posted on Apr 12, 2019 in Cars, Finance, News

Uber spent $457 million last year on research and development of autonomous vehicles, flying cars (known as eVTOLs) and other “technology...

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Backer of Musical.ly, Grindr and Opera to invest $50M in self-driving startup Pony.ai

Posted on Apr 12, 2019 in Cars, Finance, News

A games publisher in China is following the path of its larger peer Tencent to back a wide spectrum of startups for financial gains....

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Affectiva raises $26 million to bring emotional intelligence AI to car safety systems

Posted on Apr 11, 2019 in Cars, Finance, News, Technology

Affectiva today announced the close of a $26 million funding round to advance its emotion and object detection AI for monitoring vehicle...

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This is a rare chance to buy the #1 self-driving car stock for practically nothing

Posted on Apr 9, 2019 in Cars, Finance, News

Are you invested in self-driving cars yet? If not, I hope you’ll read this article carefully. I’ll show you a unique opportunity to invest...

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Tesla woos Wall Street and drivers with autonomous vehicle fanfare

Posted on Apr 4, 2019 in Cars, Finance, News

Yesterday was a somewhat mixed day for Tesla, as the electric carmaker announced that Q1 shipments fell 31% on the previous quarter, due...

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ZF positions for autonomous driving with $7B deal for Wabco

Posted on Mar 28, 2019 in Finance, News, Trucks

ZF Friedrichshafen has agreed to buy Wabco for more than $7 billion, an acquisition it has long targeted to bolster its expertise in...

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Lidar and perception startup Innoviz raises $132 million

Posted on Mar 26, 2019 in Cars, Finance, News

Innoviz, the Israel-based startup developing solid-state lidar sensors and perception software for autonomous vehicles, has raised $132...

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Lidar startup Ouster raises $60 million in production run-up

Posted on Mar 25, 2019 in Cars, Finance, News

Ouster has raised $60 million as the San Francisco-based lidar startup opens a new facility that will have the capacity to assemble and...

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GM, Ford bump up investments in electric and autonomous

Posted on Mar 24, 2019 in Cars, Finance, News

It’s been a very busy week for the automakers and the future of the industry. Specifically, it’s been a busy time in Detroit,...

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How Nuro plans to spend Softbank’s $940 million

Posted on Mar 23, 2019 in Cars, Finance, News

Autonomous delivery startup Nuro is bursting with ideas since SoftBank invested nearly $1 billion in February, new filings reveal. A...

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