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News, Analysis & Perspective on Autonomous Vehicles

Chinese autonomous driving startup Hyperview bags additional investment from Prosperity7 Ventures

Posted on May 26, 2023 in Finance, News, Technology

Shanghai (Gasgoo)- Hyperview (also known as Hongjing Drive), a Chinese autonomous driving solution provider, today announced it has...

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Applied Intuition to buy autonomous trucking SPAC Embark for $71M

Posted on May 26, 2023 in Finance, News, Technology, Trucks

Embark Trucks, the autonomous trucking company that recently cut 70% of its workforce, is being acquired by Applied Intuition, a...

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Tesla stock surged after Elon Musk said these 5 things last week

Posted on May 23, 2023 in Finance, Perspective, Technology

Last week was a positive one for investors, with the Nasdaq-100 technology index jumping by 3.3%. But it was even better for shareholders...

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TuSimple gets temporary reprieve from Nasdaq delisting

Posted on May 16, 2023 in Finance, News, Trucks

Autonomous trucking company TuSimple’s stock shot up 28% Monday after the company narrowly dodged a delisting from the Nasdaq stock...

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Pan-port self-driving solution provider SENIOR closes new funding round

Posted on May 16, 2023 in Finance, News, Trucks

Beijing (Gasgoo)- Chinese pan-port autonomous driving solution provider Senior.auto (SENIOR) announced on May 15 the completion of a new...

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WeRide to raise investment in next-generation autonomous driving tech as Beijing seeks to cut manufacturers’ logistics costs

Posted on May 8, 2023 in Finance, News, Technology

WeRide, a Chinese start-up focusing on driverless vehicle development, plans to plough more resources into level 4 (L4) autonomous driving...

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Autonomous driving company Mogo Auto secures Series C2 financing, Tencent participates in

Posted on May 6, 2023 in Finance, News, Technology

On May 6th, it was reported by 36Kr that Mogo Auto, a company offering autonomous driving technology and operation services, has...

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A pure-play way to bet on the future of self-driving cars

Posted on May 5, 2023 in Finance, Perspective, Technology

Investors were initially eager to buy shares after Intel spun off its Israel-based autonomous-vehicle company Mobileye Global (MBLY 8.01%)...

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Woven Capital, Nvidia back Foretellix’s autonomous vehicle validation tech

Posted on May 2, 2023 in Finance, News, Technology

Startups working on driverless cars fully may no longer attract the kind of nine-figure acquisition or funding offers that were prevalent...

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Mobileye shares sink as China EV demand ebbs

Posted on Apr 27, 2023 in Finance, News

April 27 (Reuters) – Shares of Mobileye Global Inc (MBLY.O) fell by more than 30% on Thursday after the maker of autonomous driving...

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Unmanned vehicle solution provider Ecar closes new financing round

Posted on Apr 24, 2023 in Finance, News

Beijing (Gasgoo)- Shanghai-based autonomous driving solution provider Ecar Tech (Ecar) today announced the completion of a new strategic...

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Bannix Acquisition Corp. announces a Binding LOI to complete a business combination with an autonomous vehicle technology company

Posted on Apr 21, 2023 in Finance, News

WEST HOLLYWOOD, Calif., April 21, 2023 (GLOBE NEWSWIRE) — Bannix Acquisition Corp. (“Bannix”: NASDAQ:BNIX) announced today that on...

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Self-driving investment crash: 58% drop in autonomous vehicle dollars

Posted on Apr 19, 2023 in Finance, Perspective

The self-driving vehicle has crashed. Not the car itself, although that happens, but certainly the investment craze that enveloped the...

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Will investors see even bigger gains when Mobileye reports Q1?

Posted on Apr 14, 2023 in Finance, Markets, Perspective

Mobileye Global Inc. (NASDAQ: MBLY) was among the largest IPOs of 2022, admittedly a weak year for public-company launches, as markets...

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Venti raises $29M to design autonomous vehicles for industrial and logistics hubs

Posted on Mar 28, 2023 in Finance, News, Technology

We are still likely many years away from wide-scale deployment, let alone adoption, of fully autonomous vehicles on our streets, but in...

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Autonomous driving tech firm UISEE closes C-round financing

Posted on Mar 24, 2023 in Finance, News, Technology

Beijing (Gasgoo)- Chinese autonomous driving solution provider UISEE announced the completion of its C-round financing, which raised for...

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China’s robotaxi upstart WeRide confidentially files for IPO

Posted on Mar 14, 2023 in Cars, Finance, News

WeRide.ai, one of the most funded Chinese robotaxi operators, has confidentially filed to go public in the U.S., Bloomberg reported on...

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China’s autonomous truck solution developer Corage closes new strategic financing round

Posted on Mar 8, 2023 in Finance, News, Trucks

Beijing (Gasgoo)- Chinese commercial vehicle autonomous driving company Corage announced on March 7 that it has secured strategic...

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GM’s Cruise to focus on cost cuts as it ramps up robotaxis

Posted on Mar 7, 2023 in Cars, Finance, News, Technology

SAN FRANCISCO, March 6 (Reuters) – General Motors Co’s (GM.N) robotaxi unit Cruise is focusing on cutting costs this year, a...

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Hankook & Company acquires 3Secondz autonomous driving technology

Posted on Mar 7, 2023 in Finance, News, Technology

Autonomous driving technology form Korean startup 3Secondz had been acquired by Hankook & Company. Established in 2016 by CEO Kim...

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