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Ford To Run Self-Driving Cars On Lyft Network Later This Year
Wednesday, July 21, 2021 - 11:18am | 1192Read More...Lyft will begin running autonomous vehicles within its rideshare network before the end of 2021 through a partnership with Ford and Argo AI. The three companies announced an agreement Wednesday morning that will place self-driving ride-hailing vehicles on Miami city streets later this year and on...
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Ford, Argo AI To Launch Self-Driving Vehicles On Lyft Network By 2021-End
Wednesday, July 21, 2021 - 10:23am | 273Read More...Ford Motor Company (NYSE: F), Lyft Inc (NASDAQ: LYFT), and Argo AI have entered into a partnership to commercialize autonomous ride-hailing at scale. Lyft will receive 2.5% of the common equity of Argo AI as part of the licensing and data access agreements. The collaboration brings together...
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Where's Elon? Morgan Stanley Report Concludes eVTOLs Are In Tesla's Future
Thursday, July 15, 2021 - 4:05pm | 1309Read More...Love him or hate him, Elon Musk is a lightning rod for analysts. His efforts have been both praised for their visionary approach (Tesla electric automobiles; Boring Co.) and derided as distractions (Tesla Semi, SolarCity). Morgan Stanley (NYSE: MS) analysts believe Musk should, and will, add...
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Daily Infographic: Autonomous & Electric Vehicles Summit
Tuesday, July 13, 2021 - 10:53am | 134Read More...Click here to register for the Autonomous & Electric Vehicles Summit Image by Jana V. M. from Pixabay
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Major Players In Truck Electrification And Autonomy Fill Out AEV Summit Lineup
Monday, July 12, 2021 - 4:30pm | 930Read More...The accelerating pace of electrification and autonomous trucking requires a scorecard to keep up. FreightWaves assembled many of the major players in both technologies to offer perspectives during this Wednesday's virtual Autonomous and Electric Vehicles Summit. The summit kicks off with a keynote...
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It Seems The Real Autonomous Car's Debut Will Take A While
Tuesday, July 6, 2021 - 10:20am | 760Read More...All the previous forecasts of when we will be enjoying autonomous cars appear to be incorrect. Elon Musk and his Tesla Inc (NASDAQ: TSLA) missed their initial prediction for 2018), and then their second as well for 2020. Even the Guardian saw us as permanent backseat drivers by 2020, and that was...
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Waymo Hauls In $2.5B From Current Investors For Autonomous Expansion
Wednesday, June 16, 2021 - 2:06pm | 867Read More...Self-driving ride-hailing and autonomous trucking software startup Waymo raised $2.5 billion of new funding from original investors and newcomer Tiger Global. The subsidiary of Alphabet Inc. (NASDAQ: GOOGL) has grown from the original Google self-driving car program to include autonomous ride-...
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Software Is Eating The World And Cars Are Next On The Menu
Tuesday, June 1, 2021 - 10:39am | 1157Read More...As vehicles become more like super devices, exciting tech developments are on the horizon that promise to revolutionize the transportation system. Reports about even Apple (NASDAQ: AAPL) getting in the automobile industry continue to grow with innovative companies such as the Canadian-based...
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Didi's Self-Driving Unit Aims Fund Raise At $6B Valuation Ahead Of IPO
Monday, March 29, 2021 - 10:53am | 370Read More...SoftBank Group Corp (OTC: SFTBY) (OTC: SFTBF)-backed Chinese ride-hailing company, Didi Chuxing Technology Co’s autonomous driving unit is planning to raise roughly $500 million at a $6 billion valuation, Bloomberg reports. The fundraise will help...
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Self-Driving Tech Startup Oxbotica Raises $47M To Focus On Industrial Application
Wednesday, January 6, 2021 - 4:19am | 458Read More...Oxbotica, a United Kingdom-based developer of autonomous vehicle software, has raised $47 million in a Series B funding round, Reuters reports. The self-driving tech company intends to focus on industrial applications. What Happened: Oxbotica is an Oxford University spin-out, ...
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Uber's Self-Driving Unit Is For Sale: TechCrunch
Saturday, November 14, 2020 - 1:56pm | 389Read More...Uber Technologies Inc (NYSE: UBER) is looking to sell its self-driving unit, TechCrunch has reported. What Happened: Uber’s Advanced Technologies Group has been negotiating the sale with Aurora Innovation, a self-driving technology startup. According to three people involved in...
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Rivian Says All Its Electric Vehicles Will Now Come With Driver Assistance System
Thursday, November 12, 2020 - 4:28am | 415Read More...Amazon.com, Inc (NASDAQ: AMZN)-backed electric vehicle company Rivian will place its hands-free driver assistance system “Driver+” as standard in every vehicle it sells. What Happened: The Plymouth, Michigan-based automaker said that the driver assistance system will automatically steer...
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Honda, First To Mass Produce Level 3 Self-Driving Cars: Reuters
Wednesday, November 11, 2020 - 8:44am | 453Read More...The Japanese government awarded Honda Motor Co Ltd (NYSE: HMC) a safety certification to the automaker’s “Traffic Jam Pilot” self-driving technology, Reuters reports. What Happened: Honda plans to launch its luxury sedan (Honda Legend) sales with the...
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GM Expected To Announce Expanded Electric Vehicle Production
Tuesday, October 20, 2020 - 1:29am | 482Read More...General Motors Company (NYSE: GM) is planning to announce major investments that will lead to an expansion in the production of electric vehicles at its plant at Spring Hill, Tennessee plant and elsewhere, Reuters reported Monday. What Happened: The investment announcements will come on Tuesday at...
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GM's Cruise Gets Regulatory Nod To Test Autonomous Vehicles In San Francisco
Friday, October 16, 2020 - 5:49am | 546Read More...General Motors Company’s (NYSE: GM) autonomous vehicle manufacturing subsidiary Cruise LLC, has received the permit from the California Department of Motor Vehicles to begin testing its electric self-driving vehicles in San Francisco. The company plans to begin on-...















