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News, Analysis & Perspective on Autonomous Vehicles

Autonomous vehicle simulation startup MORAI closes US$1.8M Series A funding round

Posted on Nov 17, 2020 in Finance, News, Technology

SEOUL, South Korea, Nov. 17, 2020 /PRNewswire/ — MORAI, Inc., a member company of Born2Global Centre and Sejong Technopark, has...

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Inside the industry: Will insurers pay if self-driving cars cause crashes?

Posted on Nov 16, 2020 in Cars, Finance, Perspective

Until recently, I had few qualms about ranking car insurers alongside estate agents and traffic wardens in the pits of my estimation; they...

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VW boosts investment in electric and autonomous car technology to $86 billon

Posted on Nov 14, 2020 in Cars, Finance, News, Technology

BERLIN (Reuters) – Volkswagen has raised its planned investment on digital and electric vehicle technologies to 73 billion euros...

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Self-driving delivery firm Nuro raises $500 million as COVID-19 boosts e-commerce

Posted on Nov 9, 2020 in Cars, Finance, News

(Reuters) – Self-driving delivery company Nuro, whose R2 unit has no pedals or steering wheel and only room for packages, said...

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Chinese autonomous truck startup Inceptio raises $120 mln from CATL, others

Posted on Nov 9, 2020 in Finance, News, Trucks

SHANGHAI: China’s Inceptio Technology, a startup developing self-driving trucks, said on Monday it has raised $120 million in its...

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Autonomous driving startup Pony.ai raises $267 million in latest funding round

Posted on Nov 6, 2020 in Cars, Finance, News

Autonomous driving startup Pony.ai, which is backed by Japan’s Toyota Motor Corp. and is working with the automaker on self-driving...

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Inflexor Ventures invests in Steradian Semiconductors

Posted on Nov 4, 2020 in Finance, News, Technology

Early-stage technology-focused VC fund Inflexor Ventures on Wednesday said it has invested an undisclosed sum in Steradian Semiconductors,...

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Self-driving firm Pony.ai gets funding from China carmaker FAW

Posted on Nov 3, 2020 in Cars, Finance, News

(Bloomberg) — Self-driving technology startup Pony.ai struck a funding agreement with carmaker FAW Group, calling it the first...

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Daimler invests in Lidar startup to bolster self-driving truck effort

Posted on Nov 2, 2020 in Finance, News, Technology, Trucks

Daimler AG’s truck unit is investing in a laser-sensor startup to strengthen and boost its development of self-driving trucks in the U.S....

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Lidar startup Aeva to go public via $2.1 billion SPAC merger

Posted on Nov 2, 2020 in Finance, News, Technology

Aeva, a Mountain View, California-based lidar company started by two former Apple engineers and backed by Porsche SE, is merging with...

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Tesla has increased the price of its ‘Full Self-Driving’ option to $10,000

Posted on Oct 30, 2020 in Cars, Finance, News, Technology

Tesla  has made good on founder and CEO Elon Musk’s promise to boost the price of its “Full Self-Driving” (FSD) software upgrade option,...

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LM Industries announces $15M funding from SPARX Group to deliver Olli to customers and consumers

Posted on Oct 14, 2020 in Buses, Finance, News

SAN FRANCISCO, Oct. 15, 2020 (GLOBE NEWSWIRE) — LM Industries, the parent company of Local Motors – the world’s first and only...

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Daimler, Swiss Re launch mobility insurance venture

Posted on Oct 12, 2020 in Finance, News, Technology

FRANKFURT: Swiss Re and carmaker Daimler announced a joint automotive and mobility insurance venture on Monday, seeking to tap into a...

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Envisics nabs $50M for its in-car holographic display tech at a $250M+ valuation

Posted on Oct 7, 2020 in Finance, News, Technology

The jury is still out on what might become the most viable business models for augmented reality technology, but in the meantime a startup...

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Ford owns 13.06M shares in recently-publicVelodyne Lidar

Posted on Oct 6, 2020 in Finance, News, Technology

Ford Motor Company F recently announced the holding of a 7.6% ownership stake in Velodyne Lidar Inc. post Monday’s trading session. This...

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Einride raises $10 million to fast track its autonomous electric cargo pods

Posted on Oct 5, 2020 in Finance, News, Trucks

For the past four years, Swedish startupEinride  has captured interest, investment and even a few customer contracts for its...

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Velodyne Lidar chief eyes growth as stock sinks in public debut

Posted on Sep 30, 2020 in Finance, News, Technology

(Bloomberg) — Velodyne Lidar Inc. could ride higher as the self-driving car revolution takes hold — that is if such modes of...

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LeddarTechappoints Dino Rambidis as Chief Financial Officer

Posted on Sep 29, 2020 in Finance, News, Technology

QUEBEC CITY, Sept. 29, 2020 (GLOBE NEWSWIRE) — LeddarTech®, an industry leader in environmental sensing solutions for autonomous...

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Nikola chairman, VectoIQ CEO Steve Girsky eyes his next transportation investment

Posted on Sep 26, 2020 in Finance, News, Trucks

Steve Girsky,  the former GM vice chairman, consultant and investor whose special purpose acquisition company (SPAC) merged with hydrogen...

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Race to deliver autonomous vehicle peps up: 5 biggies in focus

Posted on Sep 25, 2020 in Finance, Perspective, Technology

The rapid development in the self-driving vehicle space can primarily be attributed to breakthroughs in technology, with the integration...

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