WM 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...
Read MoreTrunk.tech wins new round of financing, company to accelerate mass production of self driving trucks
On Wednesday, autonomous trucking startup Trunk.tech, also known as TRUNK, disclosed a new round of financing worth several hundred...
Read MoreREE automotive unveils new EV chassis, reports third-quarter loss of $414.9 million
REE Automotive, the Israeli-based manufacturer of modular platforms to support autonomous vehicles, unveiled its Leopard automated...
Read MoreHelm.ai raises $26M for ‘unsupervised’ autonomous driving software
Helm.ai, a startup creating software for autonomous vehicles, today announced that it raised $26 million in series B financing led by...
Read MoreFAW-Jiefang-backed Zhito Technology receives hundred of millions RMB in first investment round
Beijing (Gasgoo)- Zhito Technology, the FAW Jiefang-backed commercial vehicle autonomous driving startup, has completed a...
Read MoreApplied Intuition raises $175 million for automotive software tools
Applied Intuition Inc., which makes software development tools for automotive engineers, has raised $175 million as automakers pile more...
Read More26-year-old CEO takes his autonomous truck company public in $5 billion deal
When Alex Rodrigues started his company Embark Trucks Inc., he couldn’t rent a car without age restrictions. Now 26, Rodrigues becomes one...
Read MoreSelf-driving truck startup Kodiak Robotics raises $125M
Kodiak Robotics, one of the last privately held autonomous truck outfits in Silicon Valley, has raised $125 million in new capital,...
Read MoreSelf-driving truck startup Plus, Hennessy Capital pull merger on regulatory uncertainty
Nov 8 (Reuters) – Self-driving truck startup Plus and blank-check company Hennessy Capital Investment Corp V (HCIC.O) have called...
Read MoreToyota arm to spend $30 million studying human interactions with mobility, autonomous vehicles
Toyota says it will spend at least $30 million over the next five years, through its Collaborative Safety Research Center, studying how to...
Read MoreWhy MicroVision shares crashed in October
Shares of MicroVision (NASDAQ:MVIS×) fell 31.1% in October 2021, according to data from S&P Global Market Intelligence. The maker of...
Read MoreSelf-driving software developer Aurora goes public
Self-driving technology company Aurora announced it completed its business combination with Reinvent Technology Partners Y, a special...
Read MorePoint One Navigation raises $10M to bring its precise location tech to all vehicles
Drivers who spend any time commuting in a new car or truck have likely experienced ping ponging — a phenomenon when a vehicle equipped...
Read MoreAutonomous driving startup Momenta raises another $500M
In the wake of a $300 million investment from General Motors in September, Momenta, an autonomous driving solution provider from China,...
Read MoreAurora’s stock listing is a bet on autonomous cars, and on Uber
Facing technical and financial challenges, Uber Technologies Inc. was under pressure last year to bring on new leadership and investors...
Read MoreSpartan Radar raises a total of $25M to help radar compete with lidar tech
Take a dollop of machine learning, a handful of radar sensors and a market that is clamoring for autonomous cars not mowing down hordes of...
Read MoreHoloMatic signs investment agreement with GAC Capital
On 29 October, HoloMatic (Beijing) and Guangzhou Automobile Group Co., Ltd. (GAC Group) signed an agreement in Guangzhou to deepen their...
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