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News, Analysis & Perspective on Autonomous Vehicles

Chipmaker Analog Devices expects big gains from EV, autonomous shift

Posted on Oct 11, 2019 in Cars, Finance, News

LIMERICK, IRELAND — Semiconductor company Analog Devices expects to maintain double-digit growth in its automotive operations,...

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Self-driving truck startup Einride raises $25 million in new funding round

Posted on Oct 10, 2019 in Finance, Trucks

Autonomous electric delivery truck startup Einride raised $25 million in a Series A investment round it said would help expand the...

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Sources: Lilium is looking to raise up to $500M for its electric flying taxis

Posted on Oct 10, 2019 in Cars, Finance, News

“Flying cars” — airborne vehicles designed for urban and other short-distance commutes to replace conventional private automobiles — are...

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DeepRoute raises $50 million in funding to research and develop autonomous vehicles

Posted on Oct 7, 2019 in Cars, Finance

DeepRoute, an international self-driving vehicle startup, today announced it has raised $50 million in its pre-Series A funding round to...

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Alphabet’s Waymo valuation cut 40% by Morgan Stanley to $105 billion amid challenges in self-driving car market

Posted on Sep 27, 2019 in Cars, Finance, News

Waymo, Alphabet’s self-driving car division, is taking longer than expected to develop a commercialized product, leading analysts at...

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Self-driving startup Embark raises $70 million, opens freight transfer hubs for robot big rigs

Posted on Sep 25, 2019 in Finance, News, Trucks

Embark Trucks, a self-driving tech firm created by two twenty-something Canadian computer scientists, just landed $70 million in new...

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Hyundai to set up $4 billion driverless car venture

Posted on Sep 23, 2019 in Cars, Finance, News

Hyundai Motor Group will spend $1.6 billion to develop autonomous vehicles with Aptiv Plc, marking one of the biggest investments yet by a...

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The self-driving truck startup that’s been quietly moving UPS loads just pulled in $120 million in fresh funding

Posted on Sep 17, 2019 in Finance, News, Trucks

One of the hottest startups in autonomous trucking just another cash boon. TuSimple, which is based in San Diego and Beijing, announced on...

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Stanford grads ear $1 billion value for driverless trucks

Posted on Aug 21, 2019 in Finance, 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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With new funding, startup Plusai set to unveil Level 2 driverless vehicles

Posted on Aug 21, 2019 in Finance, News, 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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DoorDash acquires autonomous driving startup Scotty Labs

Posted on Aug 20, 2019 in Cars, Finance, News

DoorDash  has been on an acquisition tear of late, with Scotty Labs as its latest target. Terms of the deal were not disclosed, but this...

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UK to invest £2 million autonomous vehicle cybersecurity

Posted on Aug 19, 2019 in Cars, Finance, News

Centre for Connected and Autonomous Vehicles (CCAV) has joined hands with Zenzic and Innovate UK, part of UK Research and Innovation to...

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Tier IV raises $9M from Quanta Computer to develop reference model for ECUs for autonomous driving

Posted on Aug 19, 2019 in Cars, Finance, News, Technology

Tier IV, Inc. has raised about $9 million from Quanta Computer, Inc. in a Series A extension round following the previous $100+ million...

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Voyage snags $31 million as it targets a self-driving niche: retirement communities

Posted on Aug 12, 2019 in Cars, Finance, News

Voyage, a Silicon Valley self-driving vehicle startup focused on using the technology to provide transportation at retirement communities,...

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Recogni raises $25 million for power-efficient autonomous car inferencing

Posted on Jul 31, 2019 in Cars, Finance, News

RK Anand — along with Ashwini Choudhary, Eye-Fi founder Eugene Feinberg, former Lilium sensor systems engineer Gilles Backhus, and Valerie...

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Voyant Photonics raises $4.3M to fit lidar on the head of a pin

Posted on Jul 16, 2019 in Cars, Finance, News, Technology

Lidar is a critical method by which robots and autonomous vehicles sense the world around them, but the lasers and sensors generally take...

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Elon Musk is raising the price of Tesla’s ‘full self-driving’ feature by another $1,000

Posted on Jul 16, 2019 in Cars, Finance, News

The price of a Tesla  vehicle equipped with “full self-driving” is about to get more expensive, the second time in the past several months...

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Lidar startup luminar raises $100 million in latest funding round, is working with 12 of the world’s largest automotive companies

Posted on Jul 15, 2019 in Cars, Finance, Technology

Lidar startup Luminar Technologies announced a new $100 million investment and unveiled its new lidar platform called “Iris”...

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Ford-VW alliance expands to include autonomous and electric vehicles

Posted on Jul 12, 2019 in Cars, Finance, News

In a widely anticipated move, Ford and Volkswagen announced Friday their plan to expand their seven-month-old alliance to include...

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Lidar startup Luminar raises $100 million, unveils Iris sensors

Posted on Jul 11, 2019 in Cars, Finance, Technology

Luminar is a lidar startup that in 2017 emerged from five years of stealth with $36 million in funding. The early funds came from 1517...

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