Ford-VW alliance expands to include autonomous and electric vehicles
In a widely anticipated move, Ford and Volkswagen announced Friday their plan to expand their seven-month-old alliance to include...
Read MoreLidar startup Luminar raises $100 million, unveils Iris sensors
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...
Read MoreMinnesota College to house autonomous tech center
(TNS) — Northland Community and Technical College in Thief River Falls, Minn., has been awarded a $7 million National Science Foundation...
Read MoreGM’s self-driving unit is close to receiving a $2.25 billion boost
It took more than a year, but GM’s self-driving company is close to receiving a giant cash infusion. Cruise Automation confirmed to...
Read MoreTier IV raises over $100 million to develop open source software for driverless cars
Tier IV, a Japan-based driverless car software maintainer and provider, this week announced the closure of a round north of $100 million...
Read MoreUPDATE 1-Car parts group Valeo announces 500 mln euros of orders for its ‘Lidar’ sensors
PARIS, July 4 (Reuters) – French car parts company Valeo has won 500 million euros ($564 million) worth of orders for its ‘Lidar’...
Read MoreNVIDIA stock jumps 5.4% on Volvo self-driving truck partnership
Shares of graphics chip specialist NVIDIA (NASDAQ:NVDA) popped 5.4% on Tuesday after the company and AB Volvo (NASDAQOTH:VOLVY) announced...
Read MoreHumanising Autonomy pulls in $5M to help self-driving cars keep an eye on pedestrians
Pretty much everything about making a self-driving car is difficult, but among the most difficult parts is making sure the vehicles know...
Read MoreDriverless sensor startup Sense Photonics raises $26 million in Series A funding
LIDAR sensors that power self-driving vehicles are becoming more powerful, accurate and reliable. Such trends stem from the development of...
Read MoreMorgan Stanley says investors are undervaluing Tesla’s self-driving future
Tesla has lost nearly a third of its value this year but Morgan Stanley believes there are some pieces of Elon Musk’s company that...
Read MoreInnoviz extends funding round to $170 million to bring its lidar tech to self-driving cars
Just a few months ago, Innoviz became one of the better capitalized lidar startups when it announced it had raised $132 million in a...
Read MoreSelf-driving delivery van startup Gatik AI comes out of stealth with Walmart partnership
Gatik AI, an autonomous vehicle startup that came out of stealth Thursday with $4.5 million in funding and Walmart as a customer, is...
Read MoreUber’s earnings report could give a clearer picture on self-driving cars
With Uber set to release its first earnings report as a publicly-traded company Thursday afternoon, expect to see some updates on the...
Read MoreWill self-driving cars make Tesla a $500 billion company?
In May 2019, the online investment blog Seeking Alpha (SA) published another article that dissed Tesla as a credible investment. Writing...
Read MoreGM Cruise autonomous vehicles valued at $19 billion
In a boost to the autonomous car industry GM’s self-driving car division, Cruise, has announced raising a $1.15 billion investment. Its...
Read MoreFord and GM among stocks driving toward profits with autonomous vehicles
In Dubai earlier this year, Tesla (TSLA – Get Report) CEO Elon Musk made another of his infamous predictions: “I think we will...
Read MoreGM Cruise autonomous vehicle unit gets $1.15B investment
A group of institutional investors is sinking $1.15 billion into GM Cruise LLC, the autonomous vehicle unit of General Motors. Cruise...
Read MoreTesla increases price of Full Self-Driving in move to make its cars ’appreciating assets’
Today, Tesla increased the price of its Full Self-Driving package in an attempt to make its cars ‘appreciating assets’, as previously...
Read MoreElon Musk to investors: Self-driving will make Tesla a $500 billion company
Citigroup and Goldman Sachs, who are underwriting Tesla’s latest effort to raise $2 billion in new funds, held a “broad investor call” on...
Read MoreToyota to invest $100 million in self-driving and robotic technology start-ups
Toyota is creating a $100 million venture fund to invest in autonomous driving and robotic technology start-ups as automakers increasingly...
Read More