Lidar 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...
Read MoreBMW 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...
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