Self-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...
Read MoreBosch-backed self-driving startup WeRide weighing IPO, sources say
Chinese driverless technology startup Guangzhou WeRide Technology Co. is considering an initial public offering that could raise about...
Read MoreGeely to acquire TuSimple’s Asia-Pacific business
Chinese automotive maker Geely plans to buy the entire stake of autonomous driving company TuSimple’s Asia-Pacific business. The...
Read MoreRiverland Community College gets $348K for AV tech program
(TNS) — Riverland Community College recently secured a $348,486 in grant funding from the National Science Foundation (NSF) Advanced...
Read MoreAutonomous driving developer Momenta invests in SAIC Motor’s Xiangdao Chuxing
Beijing (Gasgoo)- SAIC Motor’s ride-hailing arm, Xiangdao Chuxing, announced the completion of its Series B financing round, raising over...
Read MoreAutonomous driving developer PhiGent Robotics completes 2nd settlement of Series A
Beijing (Gasgoo)- Beijing-based autonomous driving solution provider, PhiGent Robotics, announced the completion of the second settlement...
Read MoreStradVision announces close of $88m Series C funding round
SEOUL, South Korea, Aug. 9, 2022 /PRNewswire/ — StradVision, an AI-based perception processing company for Autonomous Vehicles and...
Read MoreBlack Sesame Technologies breaks $500M in round-C funding
On August 8, Black Sesame Technologies, an autonomous driving computer chip company, announced its completion of round-C+ financing led by...
Read MoreAutonomous driving startup GoFurther.AI secures round A+ financing
GoFurther.AI, an autonomous driving company, announced the completion of the company’s round A+ of financing on August 8. This financing...
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