Winners revealed in Govt £12.1m autonomous vehicle giveaway
The Government has announced the winners of a collaborative R&D competition for connected and autonomous vehicles (CAVs), with £12.1m...
Read MoreAutonomous-car tech investment skyrockets on SoftBank deals
Private investment in autonomous-vehicle companies soared in the second quarter to more than in the last four years combined, according to...
Read MoreForesight Autonomous Holdings Ltd. FRSX (tase:FRSX) looks to lead autonomous vehicle race with merger and series of private placements
Well positioned to take advantage of the upcoming autonomous vehicle boom is Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE:...
Read MoreDaimler obtains 11-billion-euro loan to boost electric- and autonomous vehicle development
Daimler AG has secured a new credit line of over 11-billion euros (12.9 billion US dollars) to boost its electric- and autonomous vehicle...
Read MoreCanadian insurer backs autonomous car startup in Florida retirement community
There’s a village in Florida where self-driving cars rule the road, and a Canadian insurance firm wants to come along for the ride....
Read MoreNavigation startup for self-driving cars nabs $80 million
Chinese smart location and mapping service startup Wayz.ai, that builds high-definition real-time maps for self-driving cars, has raised...
Read MoreAutonomous firm Embark raises $30 million
Autonomous truck developer Embark Trucks raised $30 million in a funding round led by Sequoia Capital, a Silicon Valley-based venture...
Read MoreVolvo Cars IPO draws lower valuations in initial feedback
Initial investor feedback has valued Volvo Cars far below owner Zhejiang Geely Holding Group Co.’s top-end estimates for a potential...
Read MoreCisco and UCL plan to build a £77m AI research centre
Cisco is set to pump $100 million (£76.8 million) into building one of the world’s largest AI research centres with University...
Read MoreMichigan makes a new bid to dominate the autonomous age
The State of Michigan is beefing up its investment in autonomous vehicle technology in a bid to remain a leader in transportation and...
Read MoreNavya extends offering period of its IPO
Announced on Friday offering period of international offering will be extended by two trading days, being until July 23, 2018 at 1.00 p.m....
Read MoreRobot truck upstart embark hauls in $30 million to take on Waymo and Uber
Silicon Valley VC firm Sequoia Capital leads a $30 million Series B round for the San Francisco-based company, boosting total funding to...
Read MoreSelf-driving car startup Zoox is raising $500 million at a $3.2 billion valuation
Zoox, a once-secretive self-driving car startup, is closing a $500 million raise at a $3.2 billion post-money valuation, Bloomberg...
Read MoreContinental AG restructures, prepares Powertrain for 2019 IPO
German auto supplier Continental on Wednesday said it will list its Powertrain unit as early as mid-2019 as part of a broader...
Read MoreAlternative to Lidar? Startup Light raises $121M from SoftBank, Leica to expand to self-driving cars
In February, Dave Grannan, cofounder and CEO of imaging startup Light, flew to Tokyo to meet SoftBank’s Masayoshi Son for the first...
Read MorePeskin expands SF rideshare tax to include self-driving vehicle companies
A gross receipts tax on so-called “rideshares” in San Francisco for this November’s ballot — including Uber and Lyft — has been expanded...
Read MoreGM’s self-driving car unit could be worth $43 billion — nearly 4 times the valuation it received 6 weeks ago, RBC says
Cruise, the self-driving car company bought by General Motors in 2016, could be worth a whopping $43 billion, RBC Capital Markets...
Read MorePony.ai raises $102 million to deploy self-driving cars in Beijing
Pony.ai is riding the gravy train. Just months after it closed a $112 million funding round with Morningside Venture Capital, Legend...
Read MoreFormula One supplier sees IPO down the road with autonomous tech
Cosworth, the U.K. engineering company with roots making engines for Formula One racing teams, is speeding closer to an initial public...
Read MoreIPO Is first stop for GM self-driving unit
The automaker is contemplating strategic options for its Cruise autonomous vehicle unit including a public stake sale and a tracking...
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