GM’s truck sales finance push for self-driving cars; company shows $2.1 billion profit
General Motors is all-in on electric and self-driving cars — but amid dampening enthusiasm for autonomous vehicles, GM’s aggressive...
Read MoreSweden’s Veoneer to raise cash as driverless car progress slows
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...
Read MoreUber’s self-driving car unit raises $1B from Toyota, Denso and Vision Fund ahead of spin-out
Uber has confirmed it will spin out its self-driving car business after the unit closed $1 billion in funding from Toyota, auto-parts...
Read MoreUber eyes IPO and spies an autonomous future
Uber filed its S-1 last week with the U.S. Securities and Exchange Commission, setting the stage for its initial public offering next...
Read MoreUber spent $457 million on self-driving and flying car R&D last year
Uber spent $457 million last year on research and development of autonomous vehicles, flying cars (known as eVTOLs) and other “technology...
Read MoreBacker of Musical.ly, Grindr and Opera to invest $50M in self-driving startup Pony.ai
A games publisher in China is following the path of its larger peer Tencent to back a wide spectrum of startups for financial gains....
Read MoreAffectiva raises $26 million to bring emotional intelligence AI to car safety systems
Affectiva today announced the close of a $26 million funding round to advance its emotion and object detection AI for monitoring vehicle...
Read MoreThis is a rare chance to buy the #1 self-driving car stock for practically nothing
Are you invested in self-driving cars yet? If not, I hope you’ll read this article carefully. I’ll show you a unique opportunity to invest...
Read MoreTesla woos Wall Street and drivers with autonomous vehicle fanfare
Yesterday was a somewhat mixed day for Tesla, as the electric carmaker announced that Q1 shipments fell 31% on the previous quarter, due...
Read MoreZF positions for autonomous driving with $7B deal for Wabco
ZF Friedrichshafen has agreed to buy Wabco for more than $7 billion, an acquisition it has long targeted to bolster its expertise in...
Read MoreLidar and perception startup Innoviz raises $132 million
Innoviz, the Israel-based startup developing solid-state lidar sensors and perception software for autonomous vehicles, has raised $132...
Read MoreLidar startup Ouster raises $60 million in production run-up
Ouster has raised $60 million as the San Francisco-based lidar startup opens a new facility that will have the capacity to assemble and...
Read MoreGM, Ford bump up investments in electric and autonomous
It’s been a very busy week for the automakers and the future of the industry. Specifically, it’s been a busy time in Detroit,...
Read MoreHow Nuro plans to spend Softbank’s $940 million
Autonomous delivery startup Nuro is bursting with ideas since SoftBank invested nearly $1 billion in February, new filings reveal. A...
Read MoreZoox can cruise San Francisco without drivers, but now it needs cash
San Francisco’s Lombard Street is famous for its eight hairpin turns. Tourists in rental cars slowly snake their way past the street’s...
Read MoreUber driverless talks signal IPO imminent
Uber’s initial public offering appears imminent, with the news it is trying to boost its valuation prospects with a possible stake...
Read MoreUber reportedly raising $1B in deal that values self-driving car unit at up to $10B
Uber is in negotiations with investors, including the SoftBank Vision Fund, to secure an investment as large as $1 billion for its...
Read MoreUber’s self-driving car unit was burning $20 million a month
Uber thought it would have 75,000 autonomous vehicles on the roads this year and be operating driverless taxi services in 13 cities by...
Read MoreVDA projects $68 billion investment in electric & autonomous cars
Verband Der Automobilindustrie, known to English speakers as the German Automobile Association, says the country’s automakers as a group...
Read MoreVolkswagen ready to invest $1.7 billion in Ford’s self-driving unit Argo AI
Volkswagen AG is looking to invest around $1.7 billion in a self-driving car venture with Argo AI, the self-driving arm of Ford Motor...
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