Volkswagen parent acquires stake in self-driving startup
Porsche Automobil Holding SE has acquired a minority stake in Silicon Valley self-driving sensor startup Aeva Inc., the latest in a flurry...
Read MoreHyundai commits $17 billion to add electric, driverless cars
Hyundai Motor Co. will spend 20 trillion won ($17 billion) over the next six years on new technology to help make the switch to electric...
Read MoreToyota leads $50 million investment in autonomous shuttle startup May Mobility
May Mobility, a Michigan-based startup that is operating autonomous shuttle services in three U.S. cities, has raised $50 million in a...
Read MoreWayve raises $20 million to give autonomous cars better AI brains
Wayve, a U.K.-based startup that’s developing artificial intelligence (AI) that teaches cars to drive autonomously using reinforcement...
Read MoreAutonomous flying taxi startup Ehang files $100 million initial public offering
Ehang, a Chinese company that builds drones large enough to carry human passengers, filed paperwork with the US Securities and Exchange...
Read MoreWirecard shapes the future of mobility with renowned partners
ASCHHEIM, Germany, Nov. 1, 2019 /PRNewswire/ — Wirecard, the global innovation leader for digital financial technology, is once...
Read MorePorsche invests in Israeli auto tech firm Tactile Mobility
Israeli automotive technology startup Tactile Mobility said on Tuesday it secured $9 million in funding from Porsche, Union Tech Ventures...
Read MoreRobotaxi startup Zoox raises new millions
Autonomous vehicle startup Zoox has signed a $200 million convertible note— the first new investment since the Silicon Valley company...
Read MoreCybersecurity firm attracts OEM funding
There hasn’t been a high-profile car hack since researchers commandeered a Jeep Cherokee by remote control four years ago. That...
Read MoreRealtime Robotics raises $11.7 million Series A funding
BOSTON–(BUSINESS WIRE)–Realtime Robotics, the inventor of responsive motion planning for industrial robots and autonomous...
Read MoreHyundai is investing $35 billion in autonomous driving and electric cars
London (CNN Business) – Hyundai does not intend to be left behind in the high-stakes race to build mass-market electric and...
Read MoreChipmaker Analog Devices expects big gains from EV, autonomous shift
LIMERICK, IRELAND — Semiconductor company Analog Devices expects to maintain double-digit growth in its automotive operations,...
Read MoreSelf-driving truck startup Einride raises $25 million in new funding round
Autonomous electric delivery truck startup Einride raised $25 million in a Series A investment round it said would help expand the...
Read MoreSources: Lilium is looking to raise up to $500M for its electric flying taxis
“Flying cars” — airborne vehicles designed for urban and other short-distance commutes to replace conventional private automobiles — are...
Read MoreDeepRoute raises $50 million in funding to research and develop autonomous vehicles
DeepRoute, an international self-driving vehicle startup, today announced it has raised $50 million in its pre-Series A funding round to...
Read MoreAlphabet’s Waymo valuation cut 40% by Morgan Stanley to $105 billion amid challenges in self-driving car market
Waymo, Alphabet’s self-driving car division, is taking longer than expected to develop a commercialized product, leading analysts at...
Read MoreSelf-driving startup Embark raises $70 million, opens freight transfer hubs for robot big rigs
Embark Trucks, a self-driving tech firm created by two twenty-something Canadian computer scientists, just landed $70 million in new...
Read MoreHyundai to set up $4 billion driverless car venture
Hyundai Motor Group will spend $1.6 billion to develop autonomous vehicles with Aptiv Plc, marking one of the biggest investments yet by a...
Read MoreThe self-driving truck startup that’s been quietly moving UPS loads just pulled in $120 million in fresh funding
One of the hottest startups in autonomous trucking just another cash boon. TuSimple, which is based in San Diego and Beijing, announced on...
Read MoreStanford grads ear $1 billion value for driverless trucks
Sequoia Capital-backed PlusAI Inc. is close to raising about $200 million in new funds at a valuation of more than $1 billion to bankroll...
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