US autonomous truck startup Outrider raises $62 mln to scale up
U.S. self-driving truck firm Outrider said on Thursday it had raised $62 million from investors to scale up autonomous truck services in...
Read MoreVay, Europe’s first startup to operate driverless vehicles on public roads lands €34M from EIB financing
Europe has emerged as a significant player in the global driverless technology market, with countries like Germany, the UK, and France...
Read MoreVueron Technology secures US$17million in Series-A funding
Vueron Technology, a leader in LiDAR-based autonomous driving and advanced driver assistance systems (ADAS), announced on September 10...
Read MoreFresh funding boost for UK autonomous driving startups
Six British autonomous vehicle startups are set to receive a share of a £600,000 grant pot to accelerate the self-driving sector....
Read MoreUK’s Wayve secures strategic investment from Uber to further develop self-driving tech
Uber is making a strategic investment into Wayve as an extension of the U.K.-born startup’s previously announced $1.05 billion Series C...
Read MoreSelf-Driving Tech Company Raises Another $483 Million
Self-driving tech company Aurora Innovation has raised $483 million in a sale of shares. Aurora Innovation is prioritizing the...
Read MoreSelf-driving truck startup Aurora Innovation to sell up to $420M in shares ahead of commercial launch
Self-driving technology company Aurora Innovation is looking to raise hundreds of millions in additional capital as it races toward a...
Read MoreBaidu Selects Hesai in $300M Deal to Supply Lidar for Self-Driving Taxis
Chinese company Hesai has won an exclusive deal to supply long-range lidar for Baidu’s next-generation self-driving taxi....
Read MoreGoogle parent company to invest another $5 billion into Waymo
Alphabet, Google’s (GOOGL) parent company, today announced another round of investments into its self-driving car unit....
Read MoreEIB supports ZF in developing advanced braking and steering for cars
The European Investment Bank (EIB) is providing a promotional loan of €425 million to German automotive supplier ZF Friedrichshafen AG....
Read MoreLG Innotek aims to grow its Vehicle Sensing Solution business into a 1.4 billion USD operation by 2030
LG Innotek (CEO Moon Hyuksoo) is poised to accelerate growth in the vehicle sensing solution business by leveraging its leading-edge...
Read MoreQCraft revs up its fundraising in autonomous driving race for cash
The maker of self-driving technology solutions recently raised several hundred million yuan in its latest funding round....
Read MoreBitsensing raises $25M for its high-resolution radar in autonomous driving
The startup says its 4D imaging radar is not just for autonomous driving but can also be applied to smart cities and digital healthcare,...
Read MoreWaabi secures $200M for AI-powered autonomous trucks, targets 2025 launch
Canadian autonomous truck startup Waabi Innovation Inc. announced today that it has raised $200 million in new funding to support its...
Read MoreChina EV leader BYD to invest $14bn in self-driving tech
Chinese electric vehicle maker BYD plans to invest 100 billion yuan ($13.8 billion) in areas related to autonomous driving, Chairman Wang...
Read MoreGM pumps $850 million in Cruise to keep struggling robotaxi company afloat
The company is expanding its manual testing to Houston as it slowly inches its way back to driverless operations following a pedestrian...
Read MoreAlabama gets major grant for autonomous bus safety research
The University of Alabama is embarking on a $3 million project to develop advanced driver assistance systems for transit buses thanks to a...
Read MoreBaidu Apollo launches 6th-gen robotaxi with 60% lower cost
Baidu’s self-driving ride hailing platform Apollo Go is close to break-even and aims to be profitable by 2025....
Read MoreHyundai Motor Group Makes Additional Investment in Autonomous Driving
According to industry sources, Hyundai Motor Group’s three subsidiaries — Hyundai Motor, Kia Corp. and Hyundai Mobis — have...
Read MoreWayve raises $1.05B in funding to accelerate autonomous vehicles driven by embodied AI
U.K.-based autonomous driving startup Wayve Technologies Ltd. said today it has closed on a bumper $1.05 billion funding round led by...
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