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News, Analysis & Perspective on Autonomous Vehicles

Minnesota College to house autonomous tech center

Posted on Jul 9, 2019 in Cars, Finance, News

(TNS) — Northland Community and Technical College in Thief River Falls, Minn., has been awarded a $7 million National Science Foundation...

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GM’s self-driving unit is close to receiving a $2.25 billion boost

Posted on Jul 7, 2019 in Cars, Finance, News

It took more than a year, but GM’s self-driving company is close to receiving a giant cash infusion. Cruise Automation confirmed to...

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Tier IV raises over $100 million to develop open source software for driverless cars

Posted on Jul 5, 2019 in Cars, Finance, News, Technology

Tier IV, a Japan-based driverless car software maintainer and provider, this week announced the closure of a round north of $100 million...

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UPDATE 1-Car parts group Valeo announces 500 mln euros of orders for its ‘Lidar’ sensors

Posted on Jul 4, 2019 in Cars, Finance, News, Technology

PARIS, July 4 (Reuters) – French car parts company Valeo has won 500 million euros ($564 million) worth of orders for its ‘Lidar’...

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NVIDIA stock jumps 5.4% on Volvo self-driving truck partnership

Posted on Jun 19, 2019 in Finance, News, Trucks

Shares of graphics chip specialist NVIDIA (NASDAQ:NVDA) popped 5.4% on Tuesday after the company and AB Volvo (NASDAQOTH:VOLVY) announced...

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Humanising Autonomy pulls in $5M to help self-driving cars keep an eye on pedestrians

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

Pretty much everything about making a self-driving car is difficult, but among the most difficult parts is making sure the vehicles know...

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Driverless sensor startup Sense Photonics raises $26 million in Series A funding

Posted on Jun 13, 2019 in Cars, Finance, News

LIDAR sensors that power self-driving vehicles are becoming more powerful, accurate and reliable. Such trends stem from the development of...

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Morgan Stanley says investors are undervaluing Tesla’s self-driving future

Posted on Jun 11, 2019 in Cars, Finance, Perspective

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...

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Innoviz extends funding round to $170 million to bring its lidar tech to self-driving cars

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

Just a few months ago, Innoviz became one of the better capitalized lidar startups when it announced it had raised $132 million in a...

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Self-driving delivery van startup Gatik AI comes out of stealth with Walmart partnership

Posted on Jun 6, 2019 in Cars, Finance, News

Gatik AI, an autonomous vehicle startup that came out of stealth Thursday with $4.5 million in funding and Walmart  as a customer, is...

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Uber’s earnings report could give a clearer picture on self-driving cars

Posted on May 30, 2019 in Cars, Finance, News

With Uber set to release its first earnings report as a publicly-traded company Thursday afternoon, expect to see some updates on the...

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Will self-driving cars make Tesla a $500 billion company?

Posted on May 18, 2019 in Cars, Finance, Perspective

In May 2019, the online investment blog Seeking Alpha (SA) published another article that dissed Tesla as a credible investment. Writing...

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GM Cruise autonomous vehicles valued at $19 billion

Posted on May 9, 2019 in Cars, Finance, News

In a boost to the autonomous car industry GM’s self-driving car division, Cruise, has announced raising a $1.15 billion investment. Its...

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Ford and GM among stocks driving toward profits with autonomous vehicles

Posted on May 8, 2019 in Cars, Finance, News

In Dubai earlier this year, Tesla (TSLA – Get Report) CEO Elon Musk made another of his infamous predictions: “I think we will...

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GM Cruise autonomous vehicle unit gets $1.15B investment

Posted on May 7, 2019 in Cars, Finance, News

A group of institutional investors is sinking $1.15 billion into GM Cruise LLC, the autonomous vehicle unit of General Motors. Cruise...

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Tesla increases price of Full Self-Driving in move to make its cars ’appreciating assets’

Posted on May 3, 2019 in Cars, Finance, News

Today, Tesla increased the price of its Full Self-Driving package in an attempt to make its cars ‘appreciating assets’, as previously...

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Elon Musk to investors: Self-driving will make Tesla a $500 billion company

Posted on May 2, 2019 in Cars, Finance, News

Citigroup and Goldman Sachs, who are underwriting Tesla’s latest effort to raise $2 billion in new funds, held a “broad investor call” on...

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Toyota to invest $100 million in self-driving and robotic technology start-ups

Posted on May 2, 2019 in Cars, Finance, News

Toyota is creating a $100 million venture fund to invest in autonomous driving and robotic technology start-ups as automakers increasingly...

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GM’s truck sales finance push for self-driving cars; company shows $2.1 billion profit

Posted on Apr 30, 2019 in Finance, News, Trucks

General Motors is all-in on electric and self-driving cars — but amid dampening enthusiasm for autonomous vehicles, GM’s aggressive...

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Sweden’s Veoneer to raise cash as driverless car progress slows

Posted on Apr 29, 2019 in Cars, Finance, News

Sweden’s Veoneer said on Monday it would seek up to $500 million in new capital to help the maker of electronic car products cope with a...

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