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News, Analysis & Perspective on Autonomous Vehicles

Uber to invest over $150 million in Toronto driverless car hub

Posted on Sep 13, 2018 in Cars, Finance, News

Uber Technologies Inc. said it will spend more than $150 million in Toronto to support driverless car research....

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Renesas in US$6.7 bln deal for IDT to boost chips for self-driving cars

Posted on Sep 11, 2018 in Cars, Finance, News

Japan’s Renesas Electronics Corp said it had agreed to buy Integrated Device Technology Inc (IDT) for US$6.7 billion, its second...

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In Tesla’s shadow, China’s NIO prices IPO at low end of target: source

Posted on Sep 11, 2018 in Cars, Finance, News

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,...

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ParkWhiz raises $20 million to help ready parking facilities for driverless cars

Posted on Sep 7, 2018 in Cars, Finance, News

Chicago-based ParkWhiz announced Friday that it has raised $20 million in new venture capital and plans to use the investment to fund its...

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Denso leads $65 million Series C funding round in ThinCI to make autonomous cars a reality

Posted on Sep 6, 2018 in Cars, Finance, News

DENSO Corporation, a $48.1 billion company and one of the world’s largest automotive suppliers of technology and components, continues to...

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Fiat Chrysler spending $30M on self-driving test facility at Chelsea

Posted on Sep 5, 2018 in Cars, Finance, News

Fiat Chrysler Automobiles is adding more muscle to its self-driving vehicle testing efforts. The company will spend more than $30 million...

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Tesla decreases the price of Enhanced Autopilot after delivery temporarily, still hasn’t fixed Full Self-Driving price

Posted on Aug 31, 2018 in Cars, Finance, News

It is an interesting time for Tesla Autopilot and its different option packages ahead of upcoming updates. Tesla is now temporarily...

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VW acquires minority stake in autonomous-drive software company

Posted on Aug 29, 2018 in Cars, Finance, News

Volkswagen Group has acquired a minority stake in eastern German software startup FDTech, in a bid to strengthen its expertise in...

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Waymo success spells big upside for Alphabet, Morgan Stanley says in street-high forecast

Posted on Aug 29, 2018 in Cars, Finance, News

The accelerating success of Alphabet’s self-driving car unit, Waymo, spells big upside for stakeholders, according to Morgan...

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$3 billion deal could turn Manassas into key supplier for self-driving car components

Posted on Aug 29, 2018 in Cars, Finance, News

Micron, a publicly traded semiconductor manufacturer based in Boise, Idaho, announced Wednesday that it plans to spend $3 billion to...

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ZF invests in future engineers with expanded FIRST presence

Posted on Aug 28, 2018 in Cars, Finance, News

The tens of billions of dollars being spent to develop self-driving vehicles has exacerbated a frustrating problem in the auto industry:...

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Autonomous vehicle vision program receives big investment

Posted on Aug 27, 2018 in Cars, Finance, News

FLIR Systems, who specialize in thermal imaging, have made a strategic investment in CVEDIA, a Singapore-based machine learning and AI...

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Toyota will reportedly invest $500 million in Uber for self-driving car research

Posted on Aug 27, 2018 in Cars, Finance, News

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...

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Pony.ai racing to top of Chinese self-driving startups for funds raised

Posted on Aug 24, 2018 in Cars, Finance, News

China is a market leader in terms of electric cars, but that’s just one of the emerging trends in the automotive world. Autonomous...

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Carmera, the mapping startup for autonomous vehicles, raises $20 million

Posted on Aug 23, 2018 in Cars, Finance, News

Autonomous vehicles need more than a brain to operate safely in a world filled with obstacles. They need maps. Or more specifically,...

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Stealthy self-driving startup Ghost Locomotion raises $15 million, filings show

Posted on Aug 23, 2018 in Cars, Finance, News

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...

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Hyundai Mobis bets big on AI-based camera

Posted on Aug 22, 2018 in Cars, Finance, News

Hyundai Mobis recently invested 8 billion won ($7.14 million) in a local startup named StradVision to develop high-tech cameras for safer...

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Aptiv rides on investments & collaborations, high costs rife

Posted on Aug 21, 2018 in Cars, Finance, News

Aptiv PLC APTV is banking on technology investments, acquisitions and collaborations in order to capitalize on developing automotive...

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Hyundai Motor expands mobility service in India through strategic investment in Revv

Posted on Aug 21, 2018 in Cars, Finance, News

Hyundai Motor Company is partnering with -, India’s fastest growing self-drive car-sharing company, to develop an innovative car-sharing...

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Driverless cars will cost Australia’s state governments billions in annual revenue

Posted on Aug 17, 2018 in Cars, Finance, News

The widespread take-up of driverless and electric vehicles would mean great savings for consumers but significant revenue losses for state...

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