BMW and Daimler will spend over $1 billion on the future of transportation
BMW and Daimler, two giants in the automobile sector, are pooling their resources in a joint mobility effort that spans autonomous cars,...
Read MoreFord and VW discuss autonomous car team-up at a $4 billion valuation
Ford Motor Co. and Volkswagen AG are progressing toward a potential agreement to join forces on self-driving cars and have overcome...
Read MoreBlackBerry, federal government pour $350M into autonomous cars
BlackBerry and the federal government are spending a combined $350 million on autonomous vehicle technology, which they say will create...
Read MoreBlackBerry to get $40M in federal funds to support self-driving car development
The Liberal government is giving $40 million in federal money to BlackBerry to help the company develop self-driving car technologies....
Read MoreSeaport says GM is a leader in China, trucks and autonomous cars. Initiates coverage as a buy with $48 price target
Seaport Global initiated coverage on General Motors Wednesday as a buy with a price target of $48, citing the automaker’s recent...
Read MoreSelf-driving tractor-trailer start-up TuSimple achieves unicorn status in funding round that values it at $1 billion
Autonomous trucking company TuSimple has achieved unicorn status on Wall Street with a fresh funding round that values the start-up at $1...
Read MoreMay Mobility raises $22 million for self-driving shuttles
May Mobility, a self-driving shuttle provider based in Ann Arbor, Mich., has raised a new round of funding that will help the company...
Read MoreSoftBank fund invests big in self-driving deliveries
A Silicon Valley startup working on self-driving delivery vehicles on Monday announced nearly a billion dollars in fresh funding from the...
Read MoreU.S. Secretary of Transportation Elaine L. Chao joined by Jacksonville officials to formally announce $25 million BUILD rant for revitalization projects
U.S. Department of Transportation Secretary Elaine L. Chao today made the formal announcement of a $25 million grant to support the Bay...
Read MoreGM’s spending on autonomous vehicles comes in below forecast
General Motors spent much less than it expected last year on its GM Cruise autonomous vehicle operations. As part of its 2018 earnings...
Read MoreSelf-driving truck startup Ike raises $52 million
Ike, the autonomous trucking startup founded by veterans of Apple, Google and Uber Advanced Technologies Group’s self-driving truck...
Read MoreWaymo offers way more upside to Alphabet stock long term
Alphabet’s s (GOOGL) autonomous driving “moonshot” could be a key driver of share growth in the long term. Shares of the...
Read MoreAvinew raises $5 million for car insurance that rewards you for using autonomous safety features
As the deployment of autonomous vehicles ramps up globally, all sorts of prickly regulatory questions are cropping up. Which parties...
Read MoreUber contemplates outside investors for autonomous car unit
Uber Technologies Inc. CEO Dara Khosrowshahi said it was “possible” the ride-hailing giant would look for outside investors for its...
Read MoreAurora self-driving startup worth $2 billion after new investment
The startup Aurora, which has an executive base drawn from Tesla, Uber, and Google, is set to be valued at over $2 billion following a new...
Read MoreReport: Self-driving car startup Aurora is raising capital at a $2B valuation
Early last year, LinkedIn co-founder and prolific venture capital investor Reid Hoffman called Chris Urmson “the Henry Ford of...
Read MoreGoldman Sachs invests in Deep Map to provide a reliable solution for autonomous vehicles
In order to provide safe and best solution for autonomous vehicles, Goldman Sachs invested in Deep Map, Inc. The company joins Generation...
Read MoreBaraja raises $32 million for autonomous vehicle lidar with prism-like optics
Lidar startup Baraja has raised $32 million in a series A round of funding led by Sequoia China and Main Sequence Ventures’ CSIRO...
Read MoreU.S. Department of Transportation announces Notice of Funding Opportunity for automated driving system demonstration grants
The U.S. Department of Transportation (USDOT) today announced up to $60 million in federal grant funding for projects that test the safe...
Read MoreBlackBerry profit beats as bets on autonomous technology pay off
Canada’s BlackBerry Ltd reported a quarterly profit that beat analysts’ estimates on Thursday, as the company’s focus on...
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