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News, Analysis & Perspective on Autonomous Vehicles

Pony.ai raises $100 million more to advance its autonomous vehicle tech

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

Self-driving car startup Pony.ai today announced it has raised $100 million in an extension of its series C round. The funds bring the...

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Goodyear Ventures invests in autonomous trucking company TuSimple

Posted on Feb 4, 2021 in Finance, News

Goodyear Ventures has added TuSimple, a global autonomous trucking technology company, to its growing investment portfolio....

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Ford posts strong results, promises big bet on electric and self-driving cars

Posted on Feb 4, 2021 in Finance, News

New York (CNN Business)Ford reported surprisingly good financial results at the end of a tough year, and said it was increasing its...

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One of Uber’s earliest investors says the billions it spent on self-driving were a ‘waste of money’

Posted on Feb 3, 2021 in Cars, Finance, Perspective

Uber’s food-delivery business has been a massive boon for the company as the pandemic sent ride-hailing revenues down the tubes and...

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UNT awards grants for autonomous vehicle research

Posted on Jan 29, 2021 in Finance, News

Maurizio Manzo and Hector Siller in the College of Engineering, along with Abdulrahman Habib in the College of Science, were selected by...

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China’s Didi raises $300 million for autonomous driving unit

Posted on Jan 28, 2021 in Finance, News

BEIJING (Reuters) – Chinese ride-hailing giant Didi Chuxing said on Thursday it has raised $300 million for its autonomous driving...

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Starship raises $17 million to send autonomous delivery robots to new campuses

Posted on Jan 27, 2021 in Cars, Finance, News

Starship Technologies, a startup developing driverless delivery robots, this morning announced is has raised $17 million and added service...

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Chinese self-driving solutions startup UISEE draws 1B yuan in new funding round

Posted on Jan 22, 2021 in Finance, News

Chinese self-driving solutions startup UISEE Technology has completed a new funding round and raised more than 1 billion yuan ($154...

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U.S. Xpress invests in autonomous trucking technology company TuSimple

Posted on Jan 22, 2021 in Finance, News, Trucks

Trucking company U.S. Xpress Enterprises, Inc. has invested in TuSimple, a self-driving technology company bringing to market an...

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Werner invests in TuSimple to spur autonomous trucking

Posted on Jan 20, 2021 in Finance, News, Trucks

Transportation and logistics provider Werner Enterprises announced it invested in TuSimple, an autonomous trucking technology company...

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Cruise, GM partner with Microsoft to ramp up self-driving vehicles

Posted on Jan 19, 2021 in Cars, Finance, News, Technology

(Reuters) – Self-driving car maker Cruise and majority shareholder General Motors Co said on Tuesday they would partner with...

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South Korea to aid self-driving R&D

Posted on Jan 15, 2021 in Finance, News

The South Korean government said it would make available grants worth KRW1.1trn (US$1bn) over the next seven years to companies developing...

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UK gov invests £28 million to trial innovative 5G use cases

Posted on Jan 13, 2021 in Buses, Finance, News

The UK government has announced a £28 million investment in nine nationwide projects that will trial innovative uses of 5G networks. This...

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UK on the cusp of a transport revolution, as self-driving vehicles set to be worth nearly £42 billion by 2035

Posted on Jan 13, 2021 in Finance, Knowledge Center, News, Reports

The full economic value of self-driving vehicles in the UK has been revealed, as Transport Minister Rachel Maclean sets out that the...

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Autonomous vehicle startup WeRide raises $320 million

Posted on Jan 13, 2021 in Finance, News

WeRide, a Guangzhou, China-based startup developing autonomous vehicle systems, this evening announced that it raised a total of $310...

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AI-powered chip developer Horizon Robotics raises $400 million in latest funding round

Posted on Jan 7, 2021 in Finance, News, Technology

The auto industry is truly global. Most vehicles are built with mechanical parts, electronics and other hardware from manufacturers all...

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Oxbotica raises $47M to deploy its autonomous vehicle software in industrial applications

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

While the world continues to await the arrival of safe, reliable and cost-effective self-driving cars, one of the pioneers in the world of...

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Teledyne is buying FLIR to create a super-sized sensor shop with thermal and laser vision

Posted on Jan 4, 2021 in Finance, News, Technology

Industrial sensor giant Teledyne will acquire FLIR, an Oregon-based company that makes thermal-imaging and night vision technology, the...

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Lidar startup Aeva raises another $200M ahead of its debut as a public company

Posted on Jan 4, 2021 in Finance, News, Technology

Aeva, the lidar company started by two former Apple engineers, has raised an additional $200 million in private investment from Hong Kong...

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Chinese robocar maker plans hunt for fresh capital in new year

Posted on Dec 23, 2020 in Cars, Finance, News, Trucks

(Bloomberg) — Beijing Idriverplus Technology Co. plans a fresh fundraising round in the new year and may eye an initial public...

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