A pure-play way to bet on the future of self-driving cars
Investors were initially eager to buy shares after Intel spun off its Israel-based autonomous-vehicle company Mobileye Global (MBLY 8.01%)...
Read MoreWoven Capital, Nvidia back Foretellix’s autonomous vehicle validation tech
Startups working on driverless cars fully may no longer attract the kind of nine-figure acquisition or funding offers that were prevalent...
Read MoreMobileye shares sink as China EV demand ebbs
April 27 (Reuters) – Shares of Mobileye Global Inc (MBLY.O) fell by more than 30% on Thursday after the maker of autonomous driving...
Read MoreUnmanned vehicle solution provider Ecar closes new financing round
Beijing (Gasgoo)- Shanghai-based autonomous driving solution provider Ecar Tech (Ecar) today announced the completion of a new strategic...
Read MoreBannix Acquisition Corp. announces a Binding LOI to complete a business combination with an autonomous vehicle technology company
WEST HOLLYWOOD, Calif., April 21, 2023 (GLOBE NEWSWIRE) — Bannix Acquisition Corp. (“Bannix”: NASDAQ:BNIX) announced today that on...
Read MoreSelf-driving investment crash: 58% drop in autonomous vehicle dollars
The self-driving vehicle has crashed. Not the car itself, although that happens, but certainly the investment craze that enveloped the...
Read MoreWill investors see even bigger gains when Mobileye reports Q1?
Mobileye Global Inc. (NASDAQ: MBLY) was among the largest IPOs of 2022, admittedly a weak year for public-company launches, as markets...
Read MoreVenti raises $29M to design autonomous vehicles for industrial and logistics hubs
We are still likely many years away from wide-scale deployment, let alone adoption, of fully autonomous vehicles on our streets, but in...
Read MoreAutonomous driving tech firm UISEE closes C-round financing
Beijing (Gasgoo)- Chinese autonomous driving solution provider UISEE announced the completion of its C-round financing, which raised for...
Read MoreChina’s robotaxi upstart WeRide confidentially files for IPO
WeRide.ai, one of the most funded Chinese robotaxi operators, has confidentially filed to go public in the U.S., Bloomberg reported on...
Read MoreChina’s autonomous truck solution developer Corage closes new strategic financing round
Beijing (Gasgoo)- Chinese commercial vehicle autonomous driving company Corage announced on March 7 that it has secured strategic...
Read MoreGM’s Cruise to focus on cost cuts as it ramps up robotaxis
SAN FRANCISCO, March 6 (Reuters) – General Motors Co’s (GM.N) robotaxi unit Cruise is focusing on cutting costs this year, a...
Read MoreHankook & Company acquires 3Secondz autonomous driving technology
Autonomous driving technology form Korean startup 3Secondz had been acquired by Hankook & Company. Established in 2016 by CEO Kim...
Read MoreSelf-driving firm iMotion weighs $300 million Hong Kong IPO, sources say
iMotion Automotive Technology Suzhou Co., a developer and provider of AI automated driving solutions, is considering a Hong Kong initial...
Read MoreUniversity of Michigan receives $3 million for autonomous vehicle research
Washington — A research center for self-driving vehicles at the University of Michigan received a $3 million grant Tuesday from the...
Read More7 stocks to buy for the future of autonomous vehicles
With advancing technologies making the unbelievable transition from science fiction into science fact, forward-looking investors may want...
Read MoreMobileye riding high after shelving fully autonomous vehicle dream
What’s the reason behind the surge in Mobileye’s stock on Nasdaq in recent weeks? On Tuesday it jumped by almost 10% even...
Read MoreLidar makers Ouster and Velodyne complete their merger, creating a sector powerhouse
Lidar makers Ouster and Velodyne said on Monday that they have successfully completed a “merger of equals,” creating a lidar powerhouse....
Read MoreChina’s Hesai Group climbs in Nasdaq debut on autonomous transport hopes
Hesai Group, a supplier of sensors for self-driving vehicles whose investors include Baidu and smartphone maker Xiaomi, rose by 10.8% on...
Read MoreMobileye closing on $35 billion market cap after doubling its valuation in three months
Mobileye’s valuation of $16.7 billion when it went public last October was considered to be disappointing by many onlookers. After all,...
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