Approaching commercialization for its autonomous radar nav system, Lunewave raises $7 million
Lunewave, the Arizona-based startup developing a novel technology for radars for autonomous vehicles, has raised $7 million in financing...
Read MoreRobot truck startup TuSimple said to raise $350 million in biggest funding round to date
TuSimple, a startup that’s developing self-driving technology for heavy-duty trucks, has raised about $350 million in a Series E round...
Read MoreAutonomous a2z raises US$1.9M in seed round for autonomous driving solution
SEOUL, South Korea, Nov. 19, 2020 /PRNewswire/ — Autonomous a2z, a member company of Born2Global Centre and Sejong Technopark, has...
Read MoreGM ups electric and autonomous vehicle spending to $27 billion through 2025
General Motors said it will spend $27 billion over the next five years on the development of electric vehicles and automated technology,...
Read MoreUK electric-van startup Arrival to go public in U.S. at $5.4 billion valuation
LONDON — British electric-van startup Arrival, which is backed by Hyundai and BlackRock, has agreed to merge with CIIG Merger to get...
Read MoreAutonomous vehicle simulation startup MORAI closes US$1.8M Series A funding round
SEOUL, South Korea, Nov. 17, 2020 /PRNewswire/ — MORAI, Inc., a member company of Born2Global Centre and Sejong Technopark, has...
Read MoreInside the industry: Will insurers pay if self-driving cars cause crashes?
Until recently, I had few qualms about ranking car insurers alongside estate agents and traffic wardens in the pits of my estimation; they...
Read MoreVW boosts investment in electric and autonomous car technology to $86 billon
BERLIN (Reuters) – Volkswagen has raised its planned investment on digital and electric vehicle technologies to 73 billion euros...
Read MoreSelf-driving delivery firm Nuro raises $500 million as COVID-19 boosts e-commerce
(Reuters) – Self-driving delivery company Nuro, whose R2 unit has no pedals or steering wheel and only room for packages, said...
Read MoreChinese autonomous truck startup Inceptio raises $120 mln from CATL, others
SHANGHAI: China’s Inceptio Technology, a startup developing self-driving trucks, said on Monday it has raised $120 million in its...
Read MoreAutonomous driving startup Pony.ai raises $267 million in latest funding round
Autonomous driving startup Pony.ai, which is backed by Japan’s Toyota Motor Corp. and is working with the automaker on self-driving...
Read MoreInflexor Ventures invests in Steradian Semiconductors
Early-stage technology-focused VC fund Inflexor Ventures on Wednesday said it has invested an undisclosed sum in Steradian Semiconductors,...
Read MoreSelf-driving firm Pony.ai gets funding from China carmaker FAW
(Bloomberg) — Self-driving technology startup Pony.ai struck a funding agreement with carmaker FAW Group, calling it the first...
Read MoreDaimler invests in Lidar startup to bolster self-driving truck effort
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....
Read MoreLidar startup Aeva to go public via $2.1 billion SPAC merger
Aeva, a Mountain View, California-based lidar company started by two former Apple engineers and backed by Porsche SE, is merging with...
Read MoreTesla has increased the price of its ‘Full Self-Driving’ option to $10,000
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,...
Read MoreLM Industries announces $15M funding from SPARX Group to deliver Olli to customers and consumers
SAN FRANCISCO, Oct. 15, 2020 (GLOBE NEWSWIRE) — LM Industries, the parent company of Local Motors – the world’s first and only...
Read MoreDaimler, Swiss Re launch mobility insurance venture
FRANKFURT: Swiss Re and carmaker Daimler announced a joint automotive and mobility insurance venture on Monday, seeking to tap into a...
Read MoreEnvisics nabs $50M for its in-car holographic display tech at a $250M+ valuation
The jury is still out on what might become the most viable business models for augmented reality technology, but in the meantime a startup...
Read MoreFord owns 13.06M shares in recently-publicVelodyne Lidar
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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