Didi Chuxing’srobotaxi unit lands $500 million from Softbank-led group
Didi Chuxing, the Chinese ride-hailing service, said it has raised $500 million for its autonomous vehicle business from an investment...
Read MoreVolkswagen’s board approves multi-billion dollar alliance with Ford to develop electric & commercial vehicles
German carmaker Volkswagen AG said on Thursday its supervisory board had approved several projects in a multibillion-dollar alliance with...
Read MoreAmazon buying Zooxmay save $20 billion, put Tesla on its heels
(Bloomberg) — Amazon.com Inc.’s talks to buy driverless vehicle startupZoox Inc. has analysts speculating the deal could save the...
Read MoreAmazon said to be in talks to buy self-driving startupZoox
Amazon may be preparing to make a big move into the self-driving vehicle world as the logistics giant is said to be in “advanced” talks to...
Read MoreHow will Waymo monetize autonomy?
Autonomous driving will be huge a beneficiary of the lingering effects of social distancing. Just as with e-Commerce for grocery,...
Read MoreRenewable Energy Project’s autonomous vehicle wins federal funding
The Renewable Energy Vehicle Project (REV) at The University of Western Australia has teamed up with local start-up company Stealth...
Read MoreShould Intel spend $900 million chasing driverless cars during a crisis?
Intel (NASDAQ:INTC) recently agreed to buy Moovit, an Israeli MaaS (mobility as a service) solutions company, for $900 million to...
Read MoreWaymo’s first external fundraising round just grew to $3 billion
Waymo’s first external fundraising round, initially expected to bring in $2.25 billion for the self-driving company, just grew to $3...
Read MoreVCs are gearing up for a post-pandemic auto industry
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...
Read MoreVolkswagen trucks boss sees autonomous investments under pressure
FRANKFURT: Autonomous vehicle technologies will be among the first to be starved of investment as the auto and truck industry seeks to...
Read MoreIntel to buy smart urban transit startupMoovit for $1B to boost its autonomous car division
Some big M&A is afoot in Israel in the world of smart transportation. According to multiple reports and sources that have contacted...
Read MoreTesla confirms self-driving as a subscription service but brace yourself for the price
Tesla has confirmed that it will offer its Full Self-Driving package (FSD) as a subscription service, but you should brace yourself for...
Read MoreTesla is working on pay-as-you-go subscription to its self-driving package
Tesla is working on a pay-as-you-go subscription to its “Full Self-Driving Capability” package in order to make its features more...
Read MoreChinese self-driving truck startupInceptio raises $100 mln -sources
BEIJING/SHANGHAI, April 27 (Reuters) – China’s Inceptio Technology, a startup developing self-driving trucks, has raised $100...
Read MoreDXC steps up autonomous driving efforts with CMORE buyout
Luxoft, the digital strategy and software engineering arm of DXC Technology Company DXC, recently announced the completion of the...
Read MoreQcraft raises over $24 million to train autonomous vehicle systems in simulation
Qcraft, a robotics startup focused on autonomous vehicle (AV) development, this morning announced it has raised over $24 million in seed...
Read MorePhantom AI raises $22 million to develop ADAS products
Phantom AI, a startup developing advanced driver-assistance systems (ADAS) for cars and trucks, today announced that it has raised $22...
Read MoreDASA awards £2m to fast-track autonomous vehicles in harsh conditions
The Defence and Security Accelerator (DASA) can today announce it has awarded 21 contracts worth a total £2.1 million to boost how...
Read MoreDOT Opens Funding Opportunity for University Transportation Centers
The U.S. Department of Transportation recently announced a competitive grant solicitation that makes nearly $5 million available as part...
Read MoreSeegrid raises $25 million for autonomous industrial vehicles
Seegrid, a company that builds autonomous industrial vehicles for transporting materials, has raised $25 million in a round of equity...
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