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News, Analysis & Perspective on Autonomous Vehicles

Tesla increases price of Full Self-Driving in move to make its cars ’appreciating assets’

Posted on May 3, 2019 in Cars, Finance, News

Today, Tesla increased the price of its Full Self-Driving package in an attempt to make its cars ‘appreciating assets’, as previously...

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Elon Musk to investors: Self-driving will make Tesla a $500 billion company

Posted on May 2, 2019 in Cars, Finance, News

Citigroup and Goldman Sachs, who are underwriting Tesla’s latest effort to raise $2 billion in new funds, held a “broad investor call” on...

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Toyota to invest $100 million in self-driving and robotic technology start-ups

Posted on May 2, 2019 in Cars, Finance, News

Toyota is creating a $100 million venture fund to invest in autonomous driving and robotic technology start-ups as automakers increasingly...

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GM’s truck sales finance push for self-driving cars; company shows $2.1 billion profit

Posted on Apr 30, 2019 in Finance, News, Trucks

General Motors is all-in on electric and self-driving cars — but amid dampening enthusiasm for autonomous vehicles, GM’s aggressive...

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Sweden’s Veoneer to raise cash as driverless car progress slows

Posted on Apr 29, 2019 in Cars, Finance, News

Sweden’s Veoneer said on Monday it would seek up to $500 million in new capital to help the maker of electronic car products cope with a...

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Uber’s self-driving car unit raises $1B from Toyota, Denso and Vision Fund ahead of spin-out

Posted on Apr 19, 2019 in Cars, Finance, News

Uber has confirmed it will spin out its self-driving car business after the unit closed $1 billion in funding from Toyota, auto-parts...

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Uber eyes IPO and spies an autonomous future

Posted on Apr 16, 2019 in Cars, Finance, News

Uber filed its S-1 last week with the U.S. Securities and Exchange Commission, setting the stage for its initial public offering next...

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Uber spent $457 million on self-driving and flying car R&D last year

Posted on Apr 12, 2019 in Cars, Finance, News

Uber spent $457 million last year on research and development of autonomous vehicles, flying cars (known as eVTOLs) and other “technology...

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Backer of Musical.ly, Grindr and Opera to invest $50M in self-driving startup Pony.ai

Posted on Apr 12, 2019 in Cars, Finance, News

A games publisher in China is following the path of its larger peer Tencent to back a wide spectrum of startups for financial gains....

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Affectiva raises $26 million to bring emotional intelligence AI to car safety systems

Posted on Apr 11, 2019 in Cars, Finance, News, Technology

Affectiva today announced the close of a $26 million funding round to advance its emotion and object detection AI for monitoring vehicle...

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This is a rare chance to buy the #1 self-driving car stock for practically nothing

Posted on Apr 9, 2019 in Cars, Finance, News

Are you invested in self-driving cars yet? If not, I hope you’ll read this article carefully. I’ll show you a unique opportunity to invest...

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Tesla woos Wall Street and drivers with autonomous vehicle fanfare

Posted on Apr 4, 2019 in Cars, Finance, News

Yesterday was a somewhat mixed day for Tesla, as the electric carmaker announced that Q1 shipments fell 31% on the previous quarter, due...

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ZF positions for autonomous driving with $7B deal for Wabco

Posted on Mar 28, 2019 in Finance, News, Trucks

ZF Friedrichshafen has agreed to buy Wabco for more than $7 billion, an acquisition it has long targeted to bolster its expertise in...

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Lidar and perception startup Innoviz raises $132 million

Posted on Mar 26, 2019 in Cars, Finance, News

Innoviz, the Israel-based startup developing solid-state lidar sensors and perception software for autonomous vehicles, has raised $132...

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Lidar startup Ouster raises $60 million in production run-up

Posted on Mar 25, 2019 in Cars, Finance, News

Ouster has raised $60 million as the San Francisco-based lidar startup opens a new facility that will have the capacity to assemble and...

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GM, Ford bump up investments in electric and autonomous

Posted on Mar 24, 2019 in Cars, Finance, News

It’s been a very busy week for the automakers and the future of the industry. Specifically, it’s been a busy time in Detroit,...

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How Nuro plans to spend Softbank’s $940 million

Posted on Mar 23, 2019 in Cars, Finance, News

Autonomous delivery startup Nuro is bursting with ideas since SoftBank invested nearly $1 billion in February, new filings reveal. A...

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Zoox can cruise San Francisco without drivers, but now it needs cash

Posted on Mar 18, 2019 in Cars, Finance, News

San Francisco’s Lombard Street is famous for its eight hairpin turns. Tourists in rental cars slowly snake their way past the street’s...

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Uber driverless talks signal IPO imminent

Posted on Mar 14, 2019 in Cars, Finance, News

Uber’s initial public offering appears imminent, with the news it is trying to boost its valuation prospects with a possible stake...

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Uber reportedly raising $1B in deal that values self-driving car unit at up to $10B

Posted on Mar 14, 2019 in Cars, Finance, News

Uber is in negotiations with investors, including the SoftBank Vision Fund, to secure an investment as large as $1 billion for its...

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