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News, Analysis & Perspective on Autonomous Vehicles

Renewable Energy Project’s autonomous vehicle wins federal funding

Posted on May 13, 2020 in Finance, News, Technology

The Renewable Energy Vehicle Project (REV) at The University of Western Australia has teamed up with local start-up company Stealth...

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Should Intel spend $900 million chasing driverless cars during a crisis?

Posted on May 12, 2020 in Finance, Perspective, Technology

Intel (NASDAQ:INTC) recently agreed to buy Moovit, an Israeli MaaS (mobility as a service) solutions company, for $900 million to...

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Waymo’s first external fundraising round just grew to $3 billion

Posted on May 12, 2020 in Cars, Finance, News

Waymo’s first external fundraising round, initially expected to bring in $2.25 billion for the self-driving company, just grew to $3...

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VCs are gearing up for a post-pandemic auto industry

Posted on May 9, 2020 in Finance, Perspective

It’s been a nerve-wracking few years for the traditional auto industry given the surge of ride-hailing startups and the expansion of Tesla...

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Volkswagen trucks boss sees autonomous investments under pressure

Posted on May 3, 2020 in Finance, News, Technology

FRANKFURT: Autonomous vehicle technologies will be among the first to be starved of investment as the auto and truck industry seeks to...

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Intel to buy smart urban transit startupMoovit for $1B to boost its autonomous car division

Posted on May 3, 2020 in Cars, Finance, News, Technology

Some big M&A is afoot in Israel in the world of smart transportation. According to multiple reports and sources that have contacted...

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Tesla confirms self-driving as a subscription service but brace yourself for the price

Posted on May 1, 2020 in Cars, Finance, News, Technology

Tesla has confirmed that it will offer its Full Self-Driving package (FSD) as a subscription service, but you should brace yourself for...

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Tesla is working on pay-as-you-go subscription to its self-driving package

Posted on Apr 28, 2020 in Cars, Finance, News, Technology

Tesla is working on a pay-as-you-go subscription to its “Full Self-Driving Capability” package in order to make its features more...

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Chinese self-driving truck startupInceptio raises $100 mln -sources

Posted on Apr 27, 2020 in Finance, News, Trucks

BEIJING/SHANGHAI, April 27 (Reuters) – China’s Inceptio Technology, a startup developing self-driving trucks, has raised $100...

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DXC steps up autonomous driving efforts with CMORE buyout

Posted on Apr 13, 2020 in Finance, News, Technology

Luxoft, the digital strategy and software engineering arm of DXC Technology Company DXC, recently announced the completion of the...

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Qcraft raises over $24 million to train autonomous vehicle systems in simulation

Posted on Apr 3, 2020 in Finance, News, Technology

Qcraft, a robotics startup focused on autonomous vehicle (AV) development, this morning announced it has raised over $24 million in seed...

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Phantom AI raises $22 million to develop ADAS products

Posted on Apr 2, 2020 in Cars, Finance, News, Technology

Phantom AI, a startup developing advanced driver-assistance systems (ADAS) for cars and trucks, today announced that it has raised $22...

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DASA awards £2m to fast-track autonomous vehicles in harsh conditions

Posted on Apr 2, 2020 in Finance, News

The Defence and Security Accelerator (DASA) can today announce it has awarded 21 contracts worth a total £2.1 million to boost how...

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DOT Opens Funding Opportunity for University Transportation Centers

Posted on Mar 31, 2020 in Finance, News

The U.S. Department of Transportation recently announced a competitive grant solicitation that makes nearly $5 million available as part...

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Seegrid raises $25 million for autonomous industrial vehicles

Posted on Mar 31, 2020 in Finance, News, Trucks

Seegrid, a company that builds autonomous industrial vehicles for transporting materials, has raised $25 million in a round of equity...

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Arlington gets $1.7M for Via Rideshare to provide free rides for UTA, integrate autonomous vehicles

Posted on Mar 27, 2020 in Cars, Finance, News

The City of Arlington recently received an almost $1.7M Integrated Mobility Innovation grant from the Federal Transit Administration to...

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Helm.ai raises $13M on its unsupervised learning approach to driverless car AI

Posted on Mar 26, 2020 in Finance, News, Technology

Four years ago, mathematician Vlad Voroninski saw an opportunity to remove some of the bottlenecks in the development of autonomous...

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SoftBank nears deal to invest in Didi’s self-driving unit: The Information

Posted on Mar 23, 2020 in Cars, Finance, News

(Reuters) – SoftBank Group Corp is close to finalizing a deal to lead a $300 million investment in the autonomous driving unit of...

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LiDAR start-up Blickfeld closes Series A with participation of Continental and Wachstumsfonds Bayern

Posted on Mar 20, 2020 in Cars, Finance, News, Technology

Munich-based LiDAR start-up Blickfeld has completed its Series A financing round. The new financing was led by the venture capital unit of...

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How to lease an autonomous delivery van

Posted on Mar 17, 2020 in Cars, Finance

Something happened on the way to robotaxis taking over the world. The timeline to transport people without a human driver, particularly...

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