Driverless truck startup Plus plans Hennessy SPAC deal
(Bloomberg) — Self-driving truck startup Plus is in talks to merge with special purpose acquisition company Hennessy Capital...
Read MoreWaymo’s new CEOs say self-driving unit eyes outside funding
Waymo, the prized self-driving arm of Alphabet Inc., is looking to nab further outside investment and make acquisitions of its own, the...
Read MoreEasyMile raises $66M for its autonomous people-and-goods shuttles
We may still be a long way off from Level 5, fully self-driving cars on the open road, but companies building autonomous vehicles and...
Read MoreToyota is buying Lyft’s autonomous car division for $550 million
Lyft is selling its autonomous vehicle division to a subsidiary of Toyota — the latest in a series of acquisitions that is seeing the...
Read MoreHyundai invests in teleoperations startup Ottopia as part of $9M round
After spending much of his career in mission-critical environments, including the Israeli Air Force, Israeli Intelligence and leading...
Read MoreChina’s Meituan amasses $10 billion war chest for drones and driverless cars
China’s Meituan is raising nearly $10 billion from investors, hoping it will be able to gain an edge on its e-commerce rivals by spending...
Read MoreOxbotica raises $13.8M from Ocado to build autonomous vehicle tech for the online grocer’s logistics network
Ocado, the U.K. online grocer that has been making strides reselling its technology to other grocery companies to help them build and run...
Read MoreAutonomous-truck developer TuSimple plans driverless road test this year
Self-driving company TuSimple Holdings Inc. plans to test its autonomous trucks without backup drivers on public roads in Arizona later...
Read MoreWalmart investing in GM’s Cruise self-driving car company
Walmart is investing in Cruise, General Motors’ majority-owned self-driving vehicle subsidiary, as part of a new $2.75 billion funding...
Read MoreAI chip startup Groq, founded by ex-Googlers, raises $300 million to power autonomous vehicles and data centers
Jonathan Ross left Google to launch next-generation semiconductor startup Groq in 2016. Today, the Mountain View, California-based firm...
Read MoreHuawei to invest $1 billion on car tech it says surpasses Tesla
Huawei Technologies Co. will invest $1 billion on researching self-driving and electric-car technologies, accelerating plans to compete...
Read MoreSelf-driving truck startup TuSimple targets over $8 billion valuation in U.S. IPO
(Reuters) -Self-driving truck startup TuSimple Holdings Inc said on Wednesday it was targeting a valuation of more than $8 billion in its...
Read MoreSelf-driving truck company Plus upsizes recent fundraising to $420 million
Plus (formerly Plus.ai), a leading provider of self-driving truck technology, today announced it has added $220 million in new financing...
Read MoreGermany awarding €10.9M to KelRide autonomous vehicle project
Germany’s Federal Ministry of Transport and Digital Infrastructure is awarding €10.9 million to the KelRide project, which will further...
Read MoreWaveSense announces a $15 million funding round to accelerate autonomous driving using ground penetrating radar
Massachusetts startup WaveSense announced today a $15 million investment round from Rhapsody Venture Partners and Impossible Ventures for...
Read MoreDidi is raising money for self-driving unit at $6 billion value
Ride-hailing giant Didi Chuxing is raising new funds for its self-driving unit as China’s answer to Uber attempts to supercharge growth...
Read MoreNuro raises $500 million in funding round backed by Toyota’s Woven Capital and Chipotle
Nuro, the Mountain View, California, autonomous delivery startup, announced a new investment round from Chipotle and Woven Capital, a...
Read MoreAustralian lidar maker Baraja collects $31M B round to illuminate the future of autonomy
Lidar companies across the planet are going SPAC, but Baraja isn’t in a hurry to go public. The Australian lidar maker has raised a $31...
Read MoreAutonomous driving startup Momenta raises $500 million from SAIC, Toyota, others
BEIJING (Reuters) – Chinese autonomous driving startup Momenta said on Friday it has received $500 million from SAIC Motor, Toyota...
Read MoreCanadian Tire and NuPort Robotics to commercialize Canada’s first automated heavy duty trucking technology
TORONTO, ON / ACCESSWIRE / March 11, 2021 / Canadian National retailer Canadian Tire Corporation (TSX:CTC.A)(TSX:CTC) and Toronto-based...
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