VW 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...
Read MoreEinride raises $10 million to fast track its autonomous electric cargo pods
For the past four years, Swedish startupEinride has captured interest, investment and even a few customer contracts for its...
Read MoreVelodyne Lidar chief eyes growth as stock sinks in public debut
(Bloomberg) — Velodyne Lidar Inc. could ride higher as the self-driving car revolution takes hold — that is if such modes of...
Read MoreLeddarTechappoints Dino Rambidis as Chief Financial Officer
QUEBEC CITY, Sept. 29, 2020 (GLOBE NEWSWIRE) — LeddarTech®, an industry leader in environmental sensing solutions for autonomous...
Read MoreNikola chairman, VectoIQ CEO Steve Girsky eyes his next transportation investment
Steve Girsky, the former GM vice chairman, consultant and investor whose special purpose acquisition company (SPAC) merged with hydrogen...
Read MoreRace to deliver autonomous vehicle peps up: 5 biggies in focus
The rapid development in the self-driving vehicle space can primarily be attributed to breakthroughs in technology, with the integration...
Read MoreSPAC fever, transportation sanitation and the impossibility of Level 5 autonomy
(Bloomberg) — As a founding partner at the San Francisco venture capital fund Trucks, Reilly Brennan has met with thousands of...
Read MoreLeddar Techacquires Phantom Intelligence assets
QUEBEC CITY, Sept. 22, 2020 (GLOBE NEWSWIRE) — LeddarTech®, a leader in level 1-5 ADAS and AD sensing technology, is pleased to...
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