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Hyundai to invest in autonomous driving software company Aurora, Reuters says

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJun 12th, 2019

Aurora partners with Fiat Chrysler over self-driving tech

Self-driving car software startup Aurora said on Sunday it would partner with Fiat Chrysler to build autonomous platforms for commercial vehicles, the latest collaboration with an automaker for the fast-growing Silicon Valley company......»»

Category: topSource: reutersJun 10th, 2019

Volkswagen investing $2.6B in Argo self-driving car program

Volkswagen said Friday that it will invest $2.6 billion in Ford Motor Co.'s self-driving Argo AI auto unit. The German automaker said it will invest $1 billion and will contribute its $1.6 billion Autonomous Intelligent Driving (AID) company to For.....»»

Category: topSource: bizjournalsJul 12th, 2019

End of the road for Volkswagen"s self-driving Aurora deal

Volkswagen has ended its partnership with self-driving car software firm Aurora, two days after the Silicon Valley start-up said it would build autonomous platforms for commercial vehicles with Fiat Chrysler Automobiles......»»

Category: topSource: reutersJun 11th, 2019

The EV War Is Officially On: Apple Hires Tesla"s Head Of Electric Powertrains

Rumors and questions about Apple's secretive automotive project have been swirling for years. Does the company intend to build its own EV, or is it just focusing on autonomous driving software? Has "Project Titan" been killed off or is.....»»

Category: blogSource: zerohedgeMar 31st, 2019

Exclusive: Intel"s Mobileye gets self-driving tech deal for 8 million cars

JERUSALEM (Reuters) - Mobileye, Intel Corp's Israel-based autonomous driving unit, has signed a contract to supply eight million cars at a European automaker with its self-driving technologies, a company official told Reuters......»»

Category: topSource: reutersMay 17th, 2018

Report: Intel-owned Mobileye inks deal for 8 million self-driving cars

Intel Corp.-owned self-driving car company Mobileye has signed a deal with a European automaker to supply nearly-autonomous driving technology to 8 million cars in 2021, Reuters reports. Terms of the deal, and the automaker’s identity, were not i.....»»

Category: topSource: bizjournalsMay 17th, 2018

GM running behind 2019 driverless car target

General Motors and its self-driving unit Cruise have set a 2019 goal for having a fleet of autonomous cars on the road, but company insiders and industry experts tell Reuters that is highly unlikely......»»

Category: videoSource: reutersOct 24th, 2018

GM running behind 2019 driverless target -sources

General Motors and its self-driving unit Cruise have set a 2019 goal for having a fleet of autonomous cars on the road, but company insiders and industry experts tell Reuters that is highly unlikely......»»

Category: videoSource: reutersOct 24th, 2018

Audi to invest $15.9B in electric mobility, autonomous driving, Reuters reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallDec 4th, 2018

Amazon, Sequoia Invest in $2 Billion Self-Drive Startup Aurora

"This is a great amount of capital for us to build from," said Aurora CEO Chris Urmson Self-driving vehicle startup Aurora has raised Series B investments of $530 million, valuing the company at over $2 billion, the company said yesterda.....»»

Category: europeSource: fortuneFeb 8th, 2019

Israeli self-driving tech startup opens U.S. headquarters in Tempe

The company's autonomous vehicle technology uses vision-based, real-time mapping software to identify the route and any obstructions or pedestrians without requiring an online connection or GPS......»»

Category: topSource: bizjournalsFeb 19th, 2019

Top 10 Countries Best Prepared For Autonomous Vehicles

Almost every major technology and automobile company in the United States is investing heavily in autonomous driving technology. But there are a few countries that are much better prepared than the US for autonomous vehicles. Let’s take a look at [&.....»»

Category: blogSource: valuewalkAug 30th, 2019

Timeline: Autonomous car pioneer Levandowski faces criminal charges of stealing from Alphabet

The U.S. Department of Justice on Tuesday filed criminal charges against Anthony Levandowski, accusing the former high-ranking Alphabet Inc engineer of stealing the company's self-driving car technology before joining rival Uber Technologies Inc ......»»

Category: topSource: reutersAug 27th, 2019

UPS Has Secretly Been Using Self-Driving Freight Trucks For Months

For the last few months, UPS has been using autonomous trucks to haul loads on a 115-mile route between Phoenix and Tucson, Arizona.  The company announced that its venture capital arm had made .....»»

Category: blogSource: zerohedgeAug 17th, 2019

Segway-Ninebot"s new e-scooter can drive itself to a charger

Beijing-based e-scooter manufacturer Segway-Ninebot has launched a semi-autonomous model that can drive itself to charging stations. According to Reuters, the company already has customers lined up.....»»

Category: topSource: moneycentralAug 16th, 2019

UPS invests in autonomous trucking company, tests self-driving tractors

UPS is taking a step into the self-driving vehicles world, saying Thursday it's venture capital arm, UPS Ventures, made a minority investment in autonomous driving company TuSimple. United Parcel Service Inc. (NYSE: UPS) said the companies are te.....»»

Category: topSource: bizjournalsAug 16th, 2019

UPS"s Venture Arm Makes Minority Investment In Autonomous Truck Company TuSimple

UPS (NYSE: UPS) venture capital arm, UPS Ventures, has made a minority investment in autonomous driving company TuSimple. The terms of the deal have not been disclosed. read more.....»»

Category: blogSource: benzingaAug 15th, 2019

UPS buys stake in TuSimple, testing self-driving trucks in Arizona

UPS said on Thursday it has bought a minority stake in self-driving company TuSimple, and the world's largest package delivery company has been testing the startup's autonomous trucks since May on a busy freight route in Arizona......»»

Category: topSource: reutersAug 15th, 2019

Macronix flash chip integrated in Nvidia autonomous driving platforms

Macronix International has announced that the company's ArmorFlash memory is being utilized on Nvidia's DRIVE AGX Xavier and DRIVE AGX Pegasus autonomous vehicle computing platforms......»»

Category: topSource: digitimesAug 7th, 2019

Driverless cars are coming to New York on Wednesday

Optimus Ride, self-driving tech company is launching a fleet of six cars at Brooklyn's Navy Yard on Wednesday in a push to bring autonomous vehicles to New York state......»»

Category: topSource: moneycentralAug 6th, 2019