Bosch 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...
Read MoreOttonomy.IO raises $3.3 million to expand network of autonomous robots for deliveries
Ottonomy.IO, a startup working on solving delivery problems using autonomous robots, has raised $3.3 million in a seed funding round as it...
Read MoreBaidu-backed carmaker Jidu seeking $400 million in funding, sources say
An autonomous electric vehicle startup backed by Chinese tech giant Baidu Inc. is considering raising about $300 million to $400 million...
Read MoreOn anniversary of ADA, USDOT announces winners of its first-ever inclusive design challenge
WASHINGTON – Today, during an event held in recognition of the ADA’s 32nd anniversary, the U.S. Department of Transportation (USDOT) will...
Read MoreGM’s Cruise robotaxi unit drives deeper into the red
DETROIT, July 26 (Reuters) – General Motors Co (GM.N) has lost nearly $5 billion since 2018 trying to build a robotaxi business in...
Read MoreNavya raises €36m in convertible bonds with stock acquisition rights to finance its growth and large-scale industrialization
Villeurbanne, France, July 21th 2022 – 07:30 am CEST – NAVYA (FR0013018041- Navya), an autonomous mobility systems leader, announced the...
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