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News, Analysis & Perspective on Autonomous Vehicles

Dataspeed Inc. team awarded $1.77 million grant from Michigan Department of Transportation

Posted on Jan 13, 2020 in Buses, Finance

DETROIT, Jan. 13, 2020 /PRNewswire/ — Dataspeed Inc., a leading autonomous vehicle engineering provider, in partnership with AM...

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Hyundai Motor Group to invest $87B over next 5 years; 44 electrified vehicles; new EV development system; hydrogen plans

Posted on Jan 2, 2020 in Finance, News

Hyundai Motor Group (HMG) will invest more than KRW100 trillion (US$87 billion) over next 5 years—KRW20 trillion (~US$17.4 billion)...

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StradVision raises $27 million in Series B funding to support camera technology for autonomous vehicles and ADAS systems

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

SEOUL, South Korea, Dec. 19, 2019 /PRNewswire/ — StradVision, an innovator in vision processing technology for Autonomous Vehicles,...

Read More, a startup focused on AV technology for mass transit, gets $3.5 million in seed funding

Posted on Dec 13, 2019 in Cars, Finance, News, a new autonomous driving startup focused on mass transit, announced today that it has raised $3.5 million in seed funding...

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Google’s self-driving car project buys British AI firm Latent Logic

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

Waymo, Google’s self-driving car sibling company, has acquired the Oxford artificial intelligence company Latent Logic for an undisclosed...

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Volkswagen parent acquires stake in self-driving startup

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

Porsche Automobil Holding SE has acquired a minority stake in Silicon Valley self-driving sensor startup Aeva Inc., the latest in a flurry...

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Hyundai commits $17 billion to add electric, driverless cars

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

Hyundai Motor Co. will spend 20 trillion won ($17 billion) over the next six years on new technology to help make the switch to electric...

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Toyota leads $50 million investment in autonomous shuttle startup May Mobility

Posted on Dec 4, 2019 in Buses, Finance, News

May Mobility,  a Michigan-based startup that is operating autonomous shuttle services in three U.S. cities, has raised $50 million in a...

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Wayve raises $20 million to give autonomous cars better AI brains

Posted on Nov 17, 2019 in Cars, Finance, Technology

Wayve, a U.K.-based startup that’s developing artificial intelligence (AI) that teaches cars to drive autonomously using reinforcement...

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Autonomous flying taxi startup Ehang files $100 million initial public offering

Posted on Nov 1, 2019 in Cars, Finance, News

Ehang, a Chinese company that builds drones large enough to carry human passengers, filed paperwork with the US Securities and Exchange...

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Wirecard shapes the future of mobility with renowned partners

Posted on Nov 1, 2019 in Cars, Finance, News

ASCHHEIM, Germany, Nov. 1, 2019 /PRNewswire/ — Wirecard, the global innovation leader for digital financial technology, is once...

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Porsche invests in Israeli auto tech firm Tactile Mobility

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

Israeli automotive technology startup Tactile Mobility said on Tuesday it secured $9 million in funding from Porsche, Union Tech Ventures...

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Robotaxi startup Zoox raises new millions

Posted on Oct 21, 2019 in Cars, Finance, News

Autonomous vehicle startup Zoox has signed a $200 million convertible note— the first new investment since the Silicon Valley company...

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Cybersecurity firm attracts OEM funding

Posted on Oct 21, 2019 in Finance, News, Technology

There hasn’t been a high-profile car hack since researchers commandeered a Jeep Cherokee by remote control four years ago. That...

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Realtime Robotics raises $11.7 million Series A funding

Posted on Oct 16, 2019 in Cars, Finance, Technology

BOSTON–(BUSINESS WIRE)–Realtime Robotics, the inventor of responsive motion planning for industrial robots and autonomous...

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Hyundai is investing $35 billion in autonomous driving and electric cars

Posted on Oct 15, 2019 in Cars, Finance, News

London (CNN Business) – Hyundai does not intend to be left behind in the high-stakes race to build mass-market electric and...

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Chipmaker Analog Devices expects big gains from EV, autonomous shift

Posted on Oct 11, 2019 in Cars, Finance, News

LIMERICK, IRELAND — Semiconductor company Analog Devices expects to maintain double-digit growth in its automotive operations,...

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Self-driving truck startup Einride raises $25 million in new funding round

Posted on Oct 10, 2019 in Finance, Trucks

Autonomous electric delivery truck startup Einride raised $25 million in a Series A investment round it said would help expand the...

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Sources: Lilium is looking to raise up to $500M for its electric flying taxis

Posted on Oct 10, 2019 in Cars, Finance, News

“Flying cars” — airborne vehicles designed for urban and other short-distance commutes to replace conventional private automobiles — are...

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DeepRoute raises $50 million in funding to research and develop autonomous vehicles

Posted on Oct 7, 2019 in Cars, Finance

DeepRoute, an international self-driving vehicle startup, today announced it has raised $50 million in its pre-Series A funding round to...

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