WeRide said it raised “hundreds of millions” of dollars in a funding round that it said valued the company at $3.3 billion. WeRide is a China-based autonomous driving startup which …
autonomous driving
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- Cars
About 11.2 million L2 self-driving cars sold in 2020, says Canalys research
by SpeedLuxby SpeedLuxCanalys’ latest research report shows more than 3.5 million passenger cars equipped with Level 2 (L2) autonomous driving functions were sold worldwide in the fourth quarter of 2020. According to …
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Pony.ai, backed by Toyota Motor, said on Friday it has raised $267 million in the initial phase of its fundraising round that evaluates the self-driving startup at $5.3 billion, as …
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Volkswagen‘s Traton commercial truck unit and self-driving technology startup TuSimple are going to partner for developing self-driving trucks, the companies said on Wednesday. Traton has also grabbed a minority stake in …
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Toyota Motor’s research arm said on Thursday that it would form an $800 million global investment fund. The fund called Woven Capital is to invest in companies related to the …
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For the first time, the U.S. government’s highway safety agency has allowed a company’s request to bring a self-driving vehicle on the road that doesn’t require to meet the same …
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A Waymo self-driving minivan operating in manual mode was associated with a rear-end crash in a Phoenix suburb caused by a sedan’s reckless driving, the company stated. The collision took …
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Volkswagen‘s new CEO Herbert Diess on Friday stated the car and truck maker is open to alliances in areas like autonomous driving vehicles. Discussing in Wolfsburg, Germany, at his first …
- Cars
Intel: Mobileye’s autonomous driving tech will be used in two million vehicles
by SpeedLuxby SpeedLuxIntel Corp CEO Brian Krzanich stated on Monday 2 million vehicles from BMW, Nissan Motor and Volkswagen AG would use its unit Mobileye’s autonomous vehicle tech to crowdsource information for …
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Driverless automobiles will lower car accidents caused by human error– the No. 1 cause of death in auto accident– and remove as much as 90% of U.S. traffic deaths. American …
