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News, Analysis & Perspective on Autonomous Vehicles

ZF invests in future engineers with expanded FIRST presence

Posted on Aug 28, 2018 in Cars, Finance, News

The tens of billions of dollars being spent to develop self-driving vehicles has exacerbated a frustrating problem in the auto industry:...

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Autonomous vehicle vision program receives big investment

Posted on Aug 27, 2018 in Cars, Finance, News

FLIR Systems, who specialize in thermal imaging, have made a strategic investment in CVEDIA, a Singapore-based machine learning and AI...

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Toyota will reportedly invest $500 million in Uber for self-driving car research

Posted on Aug 27, 2018 in Cars, Finance, News

Toyota will invest $500 million in Uber in a deal that values the ride-hail giant at $72 billion, according to The Wall Street Journal. As...

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Pony.ai racing to top of Chinese self-driving startups for funds raised

Posted on Aug 24, 2018 in Cars, Finance, News

China is a market leader in terms of electric cars, but that’s just one of the emerging trends in the automotive world. Autonomous...

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Carmera, the mapping startup for autonomous vehicles, raises $20 million

Posted on Aug 23, 2018 in Cars, Finance, News

Autonomous vehicles need more than a brain to operate safely in a world filled with obstacles. They need maps. Or more specifically,...

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Stealthy self-driving startup Ghost Locomotion raises $15 million, filings show

Posted on Aug 23, 2018 in Cars, Finance, News

The SF Bay Area is home to a lot of self-driving car initiatives. Some startups, like Zoox, are trying “to make the whole widget” by...

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Hyundai Mobis bets big on AI-based camera

Posted on Aug 22, 2018 in Cars, Finance, News

Hyundai Mobis recently invested 8 billion won ($7.14 million) in a local startup named StradVision to develop high-tech cameras for safer...

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Aptiv rides on investments & collaborations, high costs rife

Posted on Aug 21, 2018 in Cars, Finance, News

Aptiv PLC APTV is banking on technology investments, acquisitions and collaborations in order to capitalize on developing automotive...

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Hyundai Motor expands mobility service in India through strategic investment in Revv

Posted on Aug 21, 2018 in Cars, Finance, News

Hyundai Motor Company is partnering with -, India’s fastest growing self-drive car-sharing company, to develop an innovative car-sharing...

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Driverless cars will cost Australia’s state governments billions in annual revenue

Posted on Aug 17, 2018 in Cars, Finance, News

The widespread take-up of driverless and electric vehicles would mean great savings for consumers but significant revenue losses for state...

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A Zimbabwean working on a driverless car raised another $126,000 and is about to start production

Posted on Aug 15, 2018 in Cars, Finance, News

Around the halfway mark of 2017 we started talking about how William Sachiti –a Zimbabwean- the founder of Academy of Robotics, which was...

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Chinese electric car company Nio seeks to raise $1.8 billion in IPO

Posted on Aug 14, 2018 in Cars, Finance, News

Nio, a Chinese company that makes electric cars, has filed to go public on the New York Stock Exchange. The company said in a filing on...

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SoftBank to shun Tesla deal as it focuses on ridesharing, autonomous vehicles

Posted on Aug 14, 2018 in Cars, Finance, News

Speculation about who may or may not finance Tesla CEO Elon Musk’s audacious plan to take the carmaker private is distracting dealmakers...

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Luxoft acquires autonomous drive and connected mobility specialist Objective Software GmbH

Posted on Aug 7, 2018 in Finance, News

Luxoft Holding, Inc (NYSE:LXFT), a global IT service provider, announces the acquisition of Objective Software GmbH, a provider of...

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Scale raises $18 million to label data from autonomous car companies like Lyft and Embark

Posted on Aug 7, 2018 in Cars, Finance, News

Autonomous cars need data. Lots of data. According to research conducted by the Rand Corporation, they’ll have to drive hundreds of...

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Kodiak Robotics raises $40M for self-driving trucks

Posted on Aug 7, 2018 in Finance, News, Trucks

Kodiak Robotics has emerged from stealth mode and raised $40 million in Series A funding to develop technology for self-driving trucks....

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Aptiv posts solid Q2 and remains a top driverless-vehicle stock

Posted on Aug 2, 2018 in Cars, Finance, News

Aptive, which is positioned to help develop the next generation of vehicle safety solutions, driverless vehicles, and ways vehicles...

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RideOS raises $25M to become the traffic control center for self-driving cars

Posted on Aug 2, 2018 in Cars, Finance, News

A mere sprinkling of autonomous vehicles exist in a few dozen cities today. A smattering in San Francisco and Silicon Valley. A dusting in...

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Spending on future tech eats into BMW quarterly profit

Posted on Aug 2, 2018 in Cars, Finance, News

Net profit at BMW fell 6 percent in the second quarter as it spent more on developing new technologies for electric, autonomous and...

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Baidu Q2 revenues surge with Apollo blooming development

Posted on Aug 1, 2018 in Cars, Finance, News

Chinese Internet giant Baidu achieved a blooming second quarter with revenues surging 32% year on year to RMB 26 billion and net profits...

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