autonomous driving

Cars4 years ago

WeRide raises more funds, puts value at $3.3 billion

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

Cars4 years ago

About 11.2 million L2 self-driving cars sold in 2020, says Canalys research

Canalys’ 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

Toyota5 years ago

Autonomous startup Pony.ai raises $267 million in recent fundraising

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

Volkswagen5 years ago

Volkswagen’s Traton partners with TuSimple for autonomous trucks

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

Toyota5 years ago

Toyota’s research arm to create $800 million investment fund

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

American6 years ago

US allows autonomous vehicle bypass human-driver safety rules

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

Cars6 years ago

Self-driving vehicle in manual mode at time of crash, says Waymo

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

Volkswagen7 years ago

Volkswagen open to alliances for autonomous driving

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

Cars8 years ago

Intel: Mobileye’s autonomous driving tech will be used in two million vehicles

Intel 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

Press Releases9 years ago

Driverless cars don’t equal more crashes

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

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