USDOT announces $20.3 million grant to improve transport with innovation
The U.S. Department of Transportation’s (USDOT) Federal Transit Administration (FTA) has announced approximately $20.3 million in grant...
Read MoreWaymo funding shows long road to AVs
There can be no doubt: The development of autonomous vehicles is going to require more — way more — time and money than people thought...
Read MoreNeolix raises $29 million to mass-produce autonomous delivery shuttles
Neolix Technologies, a self-driving logistics startup based primarily in Beijing, today confirmed that it closed a roughly RMB 200 million...
Read MoreA look at Waymo’s mega $2.25 billion funding
Since 2009, Alphabet has funded Waymo, which is focused on developing autonomous vehicles. But this week there was a big change in the...
Read MoreSiLC Technologies raises $12m in seed funding to deliver long-range, single-chip LiDAR for autonomous vehicles, machine vision, and augmented reality
MONROVIA, Calif., March 5, 2020 /PRNewswire/ — SiLC Technologies, Inc., (SiLC), the leading developer of integrated single-chip FMCW...
Read MoreCUTRIC Partners launch the first research group on smart and autonomous vehicles
WINDSOR, ON, March 5, 2020 /CNW/ – The Canadian Urban Transit Research and Innovation Consortium (CUTRIC) is excited to announce...
Read MoreGeneral Motors to spend $20 billion through 2025 on new electric, autonomous vehicles
DETROIT – General Motors will spend more than $20 billion through 2025 on its next generation of all-electric and autonomous vehicles as...
Read MoreFive, the self-driving startup, raises $41M and pivots into B2B, away from building its own fleet
We are still years away from a time when fully-autonomous cars will be able to drive us from A to B, and the complexity of getting to that...
Read MoreChina’s Geely invests $326 million to build satellites for autonomous cars
BEIJING (Reuters) – China’s Zhejiang Geely Holding Group said on Tuesday it was investing 2.27 billion yuan ($326 million) in a new...
Read MoreWaymo has a first-to-market advantage in autonomous ride services
I’ve been writing articles about autonomous vehicles on Seeking Alpha for almost two years, and I continue to believe that 2021 will...
Read MoreWaymo raises $2.25 billion to scale up autonomous vehicles operations
Waymo, Google parent company Alphabet’s autonomous vehicles division, just got a massive capital infusion from a coterie of investors. It...
Read MoreZoox scouts for funding ahead of self-driving taxi debut
Zoox is in “advanced discussions with several strategic partners and corporate investors” for its next round of funding, CEO...
Read MoreEXCLUSIVE-Autonomous driving startup Pony.ai raises $500 mln in Toyota-led funding: sources
HONG KONG/BEIJING, Feb 26 (Reuters) – Autonomous driving firm Pony.ai has raised around $500 million in its latest funding round,...
Read MoreRussian driverless tech company Cognitive Pilot sets sights on IPO
MOSCOW: Russian technology start-up Cognitive Pilot, which makes components for driverless vehicles, is considering an initial public...
Read MoreDo Progressive and Geico need to think like hurricane insurers when it comes to self-driving cars?
The current state of the $200 billion automobile insurance industry consists predominantly of sales to the consumer, either directly or...
Read MoreOutrider raises $53 million to develop autonomous truck technology
Driverless vehicle technology has the potential to transform industries — and indeed, it already has. Stockholm, Sweden-based Einride has...
Read MoreTesla’s biggest problem with self-driving cars is that it actually has to sell them to customers
Tesla is the dominant electric carmaker in the industry – an impressive achievement in just over 15 years of existence. But it wants...
Read MoreFor self-driving startups, revenue is elusive, but miles add up
May Mobility Inc.’s boxy white-and-green self-driving shuttle pulls up to a damp corner in downtown Detroit. Its big doors swing out...
Read MoreUber pays Google $9.7 million to settle legal beef in tangled self-driving car fight
Another piece of the tangled legal fight sparked by Uber’s attempt to catch up to Google’s self-driving car program has been resolved,...
Read MoreBMW i Ventures invests in AutoFi, a San Francisco-based vehicle financing startup
The era of haggling with a salesperson to purchase a vehicle may soon be over, as technology continues to play a role in the purchase of a...
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