SPAC 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...
Read MoreUber investors are pressuring CEO to revamp the self-driving division
With deep pockets, some of the best brains in robotics and its hallmark hustle, Uber Technologies Inc. was once a serious contender in the...
Read MoreGAC NIO announces partnership for perfecting intelligent mobility ecosystem
Shanghai (Gasgoo)- GAC NIO, a joint venture between GAC Group and NIO, announced on Sept. 16 its partnership formed with several Chinese...
Read MoreIsraeli startup Blue White Robotics raises $10 million for autonomous vehicle platform
Israeli autonomous vehicle platform startup Blue White Robotics (BWR) has announced a $10 million funding round. The round was led by...
Read MoreIdriverplus raises over $14.6 million for autonomous street cleaners and cars
Idriverplus, a Beijing-based supplier of driverless vehicle and robotics systems, this week raised over 100 million yuan (~$14.6 million)....
Read MoreToyota Research launches $800m investment fund in move to Woven Planet
The Toyota Research Institute – Advanced Development (TRI-AD) has set up a global investment fund called Woven Capital as part of...
Read MoreYandex self driving group gets $150 million, partners with Uber to bring autonomous vehicles to U.S.
On paper, a lot is happening with Yandex’s self-driving vehicles. Yandex NV YNDX -1.2%, a Russian multinational company that...
Read MoreCompanies in Hexagon’s portfolio to sponsor the Indy Autonomous Challenge
Two companies in Hexagon’s Autonomy & Positioning brand portfolio, AutonomouStuff and NovAtel, have announced their support for the...
Read MoreNioissues shares to buy some stakes, fund driverless-car R&D
Shares of Nio (NIO) – Get Report fell on Friday after the electric-car maker unveiled an offering of 75 million Class A American...
Read MoreLidar startupLuminar to go public via $3.4 billion SPAC merger
Luminar, the lidar startup that burst onto the autonomous vehicle scene in April 2017 after operating for years in secrecy, is merging...
Read MorePitt to study how autonomous vehicles can better serve those with disabilities
The University of Pittsburgh will lead a consortium of institutions to study how autonomous vehicles can be made accessible to those with...
Read MoreSelf-driving startup Argo AI hits $7.5 billion valuation
Autonomous vehicle technology startup Argo AI is valued at $7.5 billion, just a little more than three years after the company burst on...
Read MoreThe Herculean task required to reduce liability claims involving autonomous vehicles
Autonomous vehicles need their own space to operate, a report says, and auto executives agree that putting them on the same roads as...
Read MoreFord’s slumping sales buoyed by autonomous vehicle investment
Washington, DC (CNN Business)Ford reported Thursday that its revenues fell 50% in the second quarter, but it posted a profit due to...
Read MoreBMW iVenturesinvests in GenXComm, a company improving the performance of 5G networks using photonic circuits
The long-awaited rollout of ultra-fast 5G networks promises to greatly improve the performance of mobile devices worldwide, but 5G...
Read MoreLidar startup taps investment banker as new CFO
Luminar Technologies Inc.’s new finance chief is set to promote the company’s new distance measurement technology for self-driving cars,...
Read MoreWhy Elon Musk’s autonomous driving ideas don’t worry insurers
Five years ago, the impact of technology on auto insurers was thought to be straightforward: Self-driving cars were coming soon, and they...
Read MoreAutonomous driving business models: Part two
In my previous article, we discussed various drivers of business models and the way it will change cities, roads, parking, commuting,...
Read MoreIsraeli autonomous vehicle startupVayaVision acquired by Canada’s LeddarTech
Canadian company LeddarTech Inc. announced Tuesday it has acquired Israeli automotive company VayaVision Sensing Ltd. The financial terms...
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