Mercedes-Benz acquires stake in lidar maker Luminar, will use its sensors for future autonomous vehicles
Mercedes-Benz announced it will integrate Luminar’s lidar sensors into future production vehicles to enable autonomous driving...
Read MoreAutonomous driving start-up Wayve bags $200 million from Microsoft, Virgin and Baillie Gifford
LONDON — U.K. autonomous driving start-up Wayve has been backed by a host of big name investors including Microsoft, Virgin and Baillie...
Read MoreAIMMO bags $12M Series A to advance data labeling technology
Most artificial intelligence models are trained through supervised learning, meaning that humans must label raw data. Data labeling is a...
Read MoreChinese autonomous driving startup raises US$157 million from Hillhouse, Meituan
SHANGHAI : Haomo.AI, a Chinese autonomous driving startup controlled by Great Wall Motor’s Chairman Wei Jianjun, has raised nearly 1...
Read MoreAI chip maker Kneron raises $25M for autonomous driving push
AI chips, which are semiconductors designed to accelerate machine learning, have many applications. One of the promising use cases,...
Read MoreByteDance leads A round investments of Chinese autonomous driving startup Senior.auto
Beijing (Gasgoo)- China’s autonomous driving startup Senior.auto announced today that it had landed hundreds of million RMB in its...
Read MoreWeRide invests in GAC’s ride-sharing platform Ontime
Beijing (Gasgoo)- GAC Group, WeRide and Ontime held a strategic cooperation and investment signing ceremony on December 21st, further...
Read MoreRobocar startup Vay plans to bring remotely-driven cars to Hamburg
Vay plans to bring its remotely-driven cars to the streets of Hamburg, Germany, early next year before bringing the car-sharing service...
Read MoreWeRide receives strategic investment from GAC Group to develop robotaxis for large-scale operation
WeRide, an autonomous driving company, has received a strategic investment from Chinese automaker Guangzhou Automobile Group (GAC Group)....
Read MoreWhy are Tesla’s self driving software sales slowing down?
Demand for Tesla’s high-profile self-driving upgrade appears to be slowing down. The take rate for the full-self driving software upgrade...
Read MoreRobotic Research raises $228M Series A to build out commercial autonomous offerings
Robotic Research, a self-driving technology company that has spent the last two decades developing on and off-road autonomous vehicles for...
Read MoreAutonomous driving startup Deeproute.ai prices L4 solution at $10,000
Deeproute.ai, an autonomous vehicle startup with offices in Shenzhen and Fremont, California, unveiled an ambitious self-driving solution...
Read MoreIntel plans to take self-driving car unit Mobileye public
Dec 6 (Reuters) – Intel Corp (INTC.O) said on Monday it plans to take self-driving-car unit Mobileye public in the United States in...
Read MorePostmates spin-off Serve Robotics raises $13M to grow its sidewalk delivery fleet
In May, following Uber’s acquisition of Postmates, the robotics division of Postmates spun out as an independent company called Serve...
Read MoreCloudTrucks raised $115M Series B to help truck entrepreneurs manage their business
CloudTrucks wants to use technology to help trucking entrepreneurs operate their business: The California-based startup sells business...
Read MoreBMW i Ventures leads Series B funding round of Cambridge, Massachusetts-based Nanocoating Technology Company actnano Inc.
Although the official home of the auto industry in the U.S. is still considered to be Detroit, there is still plenty of automotive...
Read MoreWM Motor secures US$152 million Series D2 financing led by Agile Group
SHANGHAI and HONG KONG, Nov. 30, 2021 /PRNewswire/ — WM Motor Holdings Limited (“WM Motor,” the “Group” or...
Read MoreTesla’s self-driving business is powering ahead despite setbacks
Tesla stock (NASDAQ: TSLA) is up by almost 60% year-to-date, with its market cap crossing the rarefied $1 trillion mark recently. The...
Read MoreChina’s Xpeng muscles through chip crunch with rising deliveries
Xpeng Inc. gained in New York trading after the Chinese electric-vehicle maker sold more cars than expected in the third quarter, evading...
Read MoreAutonomous driving system developer MAXIEYE secures B round of financing worth $47 million
On Thursday, MAXIEYE, the autonomous driving technology and service provider, announced that the company had completed a B round of...
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