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News, Analysis & Perspective on Autonomous Vehicles

Xiaomi, Baidu invest in China’s autonomous driving developer G-PAL

Posted on Oct 8, 2021 in Finance, News, Technology

Beijing (Gasgoo)- Xiaomi-backed venture capital firm and Baidu associated investment company were recently listed as shareholders to...

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ZF invests in Oxbotica to develop autonomous urban shuttles

Posted on Oct 7, 2021 in Cars, Finance, News

LONDON, Oct 7 (Reuters) – German automotive industry supplier ZF Friedrichshafen AG will invest in British autonomous vehicle...

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Kyte wants to build the foundation for autonomous rental car delivery

Posted on Oct 6, 2021 in Finance, News

Kyte, a fleet-logistics platform that allows customers to order rental cars delivered right to their doors, has raised a $30 million...

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Wayve, the lidar-free self-driving startup, raises $13.6M from Ocado

Posted on Oct 6, 2021 in Finance, News

Wayve, a U.K.-based self-driving startup that is notable for its use of deep learning and cameras rather than more-costly lidar and other...

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Qualcomm prevails over Magna with $4.5 billion Veoneer deal

Posted on Oct 5, 2021 in Finance, News, Technology

Qualcomm Inc. partnered with a newly formed private equity firm on an agreement to acquire Veoneer Inc., ending a lengthy battle between...

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Ouster will buy Sense Photonics, drive for more automotive deals

Posted on Oct 5, 2021 in Finance, News, Technology

DETROIT (Reuters) – Lidar developer Ouster Inc said on Tuesday it has agreed to buy solid-state lidar startup Sense Photonics in an...

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GM-backed Cruise sees robotaxi unit growing past $50 billion

Posted on Oct 4, 2021 in Cars, Finance, News

General Motors Co.’s Cruise LLC autonomous vehicle unit will tell investors this week that it sees a path for its ride-hailing business to...

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Goodyear invests in autonomous trucking company Gatik and collaborates to enhance safety and efficiency for autonomous middle mile logistics

Posted on Sep 28, 2021 in Finance, News, Trucks

AKRON, Ohio and PALO ALTO, Calif., Sept. 28, 2021 (GLOBE NEWSWIRE) — Goodyear (Nasdaq: GT) and Gatik today announced a multi-year...

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KPIT Technologies to acquire Future Mobility Solutions for ₹135 crore

Posted on Sep 23, 2021 in Finance, News, Technology

KPIT Technologies Ltd on Wednesday said it will acquire Future Mobility Solutions GmbH (FMS) for up to 15.6 million euros (about ₹135...

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GM invests in Chinese autonomous driving startup Momenta

Posted on Sep 23, 2021 in Finance, News, Technology

BEIJING, Sept 23 (Reuters) – General Motors Co (GM.N) said on Thursday it will invest $300 million in Chinese autonomous driving...

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Xiaomi invests in two rounds of Black Sesame financing

Posted on Sep 22, 2021 in Finance, News, Technology

Beijing (Gasgoo)- Black Sesame Technologies has completed several hundred million dollars’ worth of strategic round and C-round of...

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Vaccine-carrying drones and self-driving cars: government fund backs cutting-edge innovation

Posted on Sep 16, 2021 in Finance, News

Regulators are clearing the runway for drones to transport vaccines and other live-saving drugs, in a ground-breaking venture funded by...

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Alibaba leads $300 million investment into Chinese autonomous driving start-up DeepRoute.ai

Posted on Sep 14, 2021 in Finance, News, Technology

GUANGZHOU, China — Alibaba has led investments worth more than $300 million into Chinese autonomous driving start-up DeepRoute.ai. The...

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Driverless delivery vans on the road in two years, says UK tech company StreetDrone

Posted on Sep 14, 2021 in Cars, Finance, News

Driverless delivery vans could be operating on UK streets by 2023, if Oxford-based tech company StreetDrone gets its way. High Street...

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GM invests in Oculii, radar software maker for self-driving cars

Posted on Sep 13, 2021 in Finance, News, Technology

SAN FRANCISCO, Sept 13 (Reuters) – General Motors Co’s (GM.N) venture capital arm has invested millions of dollars in Oculii,...

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Trucking insurance in the age of automation: Startup Koop Technologies raises $2.5 million seed round

Posted on Sep 1, 2021 in Finance, News, Trucks

There’s a new player entering the automated trucking scene, addressing a gap in the complex world of vehicle insurance. Koop Technologies,...

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Foretellix closes $32m Series B funding round for ensuring the safe and efficient deployment of automated driving systems

Posted on Sep 1, 2021 in Finance, News, Technology

TEL AVIV, Israel, Sept. 1, 2021 /PRNewswire/ — Foretellix, the leading platform provider automating the testing, verification and...

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Gatik expands autonomous box truck operations to Texas with $85 million in new funds

Posted on Aug 31, 2021 in Finance, News, Trucks

In the two years since Gatik AI came out of stealth, the autonomous vehicle startup has launched pilots with Walmart and Canadian retail...

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Yandex buys Uber out of food-delivery, self-driving venture

Posted on Aug 31, 2021 in Finance, News

Yandex NV is buying out Uber Technologies Inc.’s shares in its food tech, delivery and self-driving businesses and has an option to...

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Chinese self-driving startup FABU.AI secures 100 million yuan in Series B+ funding

Posted on Aug 19, 2021 in Finance, News, Technology

Shanghai (Gasgoo)- FABU.AI, a Chinese autonomous driving startup, announced on August 19 it has banked 100 million yuan ($15.438 million)...

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