Pan-port autonomous driving solution provider SENIOR closes A+ financing round
Beijing (Gasgoo)- China’s pan-port autonomous driving solution provider Senior.auto (SENIOR) announced on November 14 the completion of...
Read MoreGAC Capital leads C2 financing round of autonomous driving startup Holomatic
Beijing (Gasgoo)- China’s autonomous driving solution developer Holomatic announced this week the completion of its C2 financing round,...
Read MoreLyft takes $135.7 million hit on Argo AI shutdown
Ride-hailing company Lyft lost $135.7 million in the third quarter due to the shutdown of autonomous vehicle company Argo AI, in which...
Read MoreAurora says it has enough cash to commercialize autonomous trucks in 2024
Aurora Innovation said Wednesday it will have enough money to continue to develop its autonomous vehicle technology until mid-2024 just...
Read MoreIs Mobileye stock a buy now?
Mobileye (NASDAQ: MBLY) went public again on Oct. 26 after spending the past five years as a subsidiary of Intel (NASDAQ: INTC). The...
Read MoreMobileye is seeking autonomy from Intel at all costs
The largest Israeli IPO was launched yesterday as Mobileye submitted its updated prospectus with the full figures prior to beginning its...
Read MoreIntel’s Mobileye seeks drastically lower $16 bln valuation in IPO
Oct 18 (Reuters) – Intel’s Mobileye said on Tuesday it was targeting a valuation of nearly $16 billion in its initial public...
Read MoreAI and the future of mobility: 3 stocks to consider
Thanks to the advent of advanced computing technologies, programmers and engineers have not only forwarded multiple artificial...
Read MoreSelf-driving tech startups are driving off a cliff on public markets
A few years ago, public market investors sometimes lamented the lack of opportunities to directly invest in future-shaping technologies...
Read MoreMobileye IPO: Should you buy?
Investors have been waiting almost a year for Intel (INTC -1.93%) to file the paperwork to spin off its autonomous vehicle technology...
Read MoreHyundai to spend $12.6B on software-defined vehicles
TOKYO — Hyundai Motor Group says it will invest billions of dollars into developing software in a move to speed product development and...
Read MoreIntel’s self-driving company Mobileye files for an IPO
Intel’s self-driving technology firm Mobileye has filed for an initial public offering (IPO), according to a filing with the Securities...
Read MoreInvestors bank on China’s alternatives to Nvidia’s auto chips
In China, a crop of homegrown chip companies has popped up as Beijing strives to decouple from America’s advanced technology and manage...
Read MoreBosch invests in Chinese autonomous driving chip developer Cambricon Singo
Beijing (Gasgoo)- Bosch-affiliated venture capital, Robert Bosch Venture Capital (RBVC), has completed its investment in China’s...
Read MoreCarmakers play numbers game in $53 billion self-driving splurge
In BloombergNEF’s latest road transport outlook report, we see autonomous vehicles accounting for roughly 8% of the kilometers that...
Read MoreSuzuki invests in Applied EV
Suzuki Motor Corporation (hereinafter “Suzuki”) has invested in Applied Electric Vehicles Ltd (Headquarters: Australia, CEO: Julian...
Read MoreIn leaked memo, Aurora CEO weighs spinouts, layoffs and acquisitions against sale to big tech
The chief executive of autonomous vehicle developer Aurora Innovation presented a swath of cost-cutting and cash-generating options to its...
Read More$52M federal grant boosts mobility innovation in Michigan
(TNS) — The Detroit Regional Partnership Foundation is to receive a $52.2 million federal grant from a Department of Commerce program to...
Read MoreWhy we invested in Faction
TDK Ventures has identified the energy-saving and environmental advantages that electric vehicles can deliver as a major focus area for...
Read MoreBaidu’s (BIDU) Apollo Go service strikes 1 million EV autonomous ride milestone in China
Chinese tech giant Baidu (BIDU) beat Wall Street’s Q2 earnings estimates on Tuesday despite several headwinds in China’s economy. Baidu’s...
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