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News, Analysis & Perspective on Autonomous Vehicles

$24 million raised to build an open source network for autonomous vehicles

Posted on Oct 4, 2018 in Buses, Cars, Finance, News, Trucks

DAV Foundation has raised $24 million in fundraising to develop an open source platform for self-driving vehicles, on the ground, in the...

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Tesla shares slow as peers push forward their own self-driving cars

Posted on Oct 4, 2018 in Cars, Finance, News

The market euphoria triggered Monday by Tesla Inc. CEO Elon Musk’s weekend settlement with the Securities and Exchange Commission is...

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Honda putting $2.75 billion into G.M.’s self-driving venture

Posted on Oct 3, 2018 in Cars, Finance, News

In the race to develop self-driving cars, General Motors has picked up another hefty ally. Honda, the Japanese automaker, has agreed to...

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Aeva raises $45 million for autonomous car sensors that can measure velocity

Posted on Oct 1, 2018 in Cars, Finance, News

Myriad sensors go into making autonomous cars tick. Drive.ai‘s fleet of Nissan NV200 vans pack lidar (laser-based sensors that measure the...

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With driverless cars investors don’t care if you’re first

Posted on Sep 28, 2018 in Cars, Finance, News

In the race to build safe and affordable driverless vehicles, being first to deliver isn’t fetching a premium from investors....

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Why Alphabet just led a $185 million investment round in a trucking startup

Posted on Sep 21, 2018 in Finance, News, Trucks

Alphabet’s investment arm, CapitalG, just announced a $185 million investment in Convoy, a technology-enabled trucking network....

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Detroit gets share of $5.25M to give residents voice in self-driving

Posted on Sep 20, 2018 in Cars, Finance, News

Detroit will share in a $5.25 million project to help cities tap into the self-driving car revolution. The Motor City, along with Long...

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ZF plans $14 billion autonomous vehicle push, concept van

Posted on Sep 19, 2018 in Cars, Finance, News

German auto supplier ZF Friedrichshafen said it is developing its own self-driving vehicle technology in the latest sign of how technology...

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Uber to invest over $150 million in Toronto driverless car hub

Posted on Sep 13, 2018 in Cars, Finance, News

Uber Technologies Inc. said it will spend more than $150 million in Toronto to support driverless car research....

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Renesas in US$6.7 bln deal for IDT to boost chips for self-driving cars

Posted on Sep 11, 2018 in Cars, Finance, News

Japan’s Renesas Electronics Corp said it had agreed to buy Integrated Device Technology Inc (IDT) for US$6.7 billion, its second...

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In Tesla’s shadow, China’s NIO prices IPO at low end of target: source

Posted on Sep 11, 2018 in Cars, Finance, News

Chinese electric vehicle start-up NIO Inc priced at the bottom of its targeted price range in its U.S. initial public offering on Tuesday,...

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ParkWhiz raises $20 million to help ready parking facilities for driverless cars

Posted on Sep 7, 2018 in Cars, Finance, News

Chicago-based ParkWhiz announced Friday that it has raised $20 million in new venture capital and plans to use the investment to fund its...

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Denso leads $65 million Series C funding round in ThinCI to make autonomous cars a reality

Posted on Sep 6, 2018 in Cars, Finance, News

DENSO Corporation, a $48.1 billion company and one of the world’s largest automotive suppliers of technology and components, continues to...

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Fiat Chrysler spending $30M on self-driving test facility at Chelsea

Posted on Sep 5, 2018 in Cars, Finance, News

Fiat Chrysler Automobiles is adding more muscle to its self-driving vehicle testing efforts. The company will spend more than $30 million...

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Tesla decreases the price of Enhanced Autopilot after delivery temporarily, still hasn’t fixed Full Self-Driving price

Posted on Aug 31, 2018 in Cars, Finance, News

It is an interesting time for Tesla Autopilot and its different option packages ahead of upcoming updates. Tesla is now temporarily...

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VW acquires minority stake in autonomous-drive software company

Posted on Aug 29, 2018 in Cars, Finance, News

Volkswagen Group has acquired a minority stake in eastern German software startup FDTech, in a bid to strengthen its expertise in...

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Waymo success spells big upside for Alphabet, Morgan Stanley says in street-high forecast

Posted on Aug 29, 2018 in Cars, Finance, News

The accelerating success of Alphabet’s self-driving car unit, Waymo, spells big upside for stakeholders, according to Morgan...

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$3 billion deal could turn Manassas into key supplier for self-driving car components

Posted on Aug 29, 2018 in Cars, Finance, News

Micron, a publicly traded semiconductor manufacturer based in Boise, Idaho, announced Wednesday that it plans to spend $3 billion to...

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ZF invests in future engineers with expanded FIRST presence

Posted on Aug 28, 2018 in Cars, Finance, News

The tens of billions of dollars being spent to develop self-driving vehicles has exacerbated a frustrating problem in the auto industry:...

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Autonomous vehicle vision program receives big investment

Posted on Aug 27, 2018 in Cars, Finance, News

FLIR Systems, who specialize in thermal imaging, have made a strategic investment in CVEDIA, a Singapore-based machine learning and AI...

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