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Intel-owned Mobileye Unveils its New Lidar and Radar Technology for Autonomous Vehicles at CES

Intel-owned Mobileye Unveils its New Lidar and Radar Technology for Autonomous Vehicles at CES

​As automakers race to develop self-driving vehicles, they are turning to tech companies and chipmakers for help in designing and developing the hardware that will support future electric and self-driving vehicles. One such company is Intel subsidiary Mobileye. During two sessions at CES on Monday, Mobileye president and chief executive officer Amnon Shashua explained how the company is planning to become a global leader in autonomous vehicle technology.

Eric Walz2021-01-11 17:15 PT

Alphabet Division Waymo Will No Longer Use the Term ‘Self-Driving’ to Describe its Technology

Alphabet Division Waymo Will No Longer Use the Term ‘Self-Driving’ to Describe its Technology

To date, no major automaker or self-driving startup, has actually developed a vehicle capable of safe self-driving without human intervention. So Waymo, which spun out of Google’s self-driving car project over a decade ago, wants to help educate the public about the true capabilities of its autonomous driving technology. The company announced this week that going forward its will no longer refer to its technology as "self-driving."

FutureCar Staff 2021-01-06 12:55 PT

Lyft & Hyundai’s Joint Venture Motional to Launch a Fully Driverless Ride-Hailing Service in Major U.S. Cities

Lyft & Hyundai’s Joint Venture Motional to Launch a Fully Driverless Ride-Hailing Service in Major U.S. Cities

California ride hailing company Lyft is teaming up with Boston-based Motional on an autonomous ride-hailing service in major cities across the U.S., the companies announced on Wednesday. Motional’s self-driving vehicles will be integrated, operationalized and deployed on the Lyft network. The services will launch in 2023.

FutureCar Staff 2020-12-16 11:30 PT

Autonomous Driving Startup Pony.ai Raises $267 Million in Latest Funding Round

Autonomous Driving Startup Pony.ai Raises $267 Million in Latest Funding Round

Autonomous driving startup Pony.ai, which is backed by Japan’s Toyota Motor Corp. and is working with the automaker on self-driving technology, has raised another $267 million in its latest funding round. Pony.ai’s latest funding round follows a $462 million investment led by Toyota in February.

Eric Walz2020-11-06 09:55 PT

China’s Baidu Fully Opens its 'Apollo Go' Robotaxi Service to the Public in Beijing

China’s Baidu Fully Opens its 'Apollo Go' Robotaxi Service to the Public in Beijing

​China’s Baidu Inc., which is one of the world’s largest tech companies and the equivalent of Google in China, announced this week that its “Apollo Go” robotaxi service in Beijing is now fully open and picking up passengers. The Apollo Go service is free for riders and there are no reservations necessary. Baidu currently has 14 pick-up and drop-off stations approved and opened to the public.

Eric Walz2020-10-29 14:30 PT

Lidar Pioneer Velodyne to Become a Public Company in a Reverse Merger Deal

Lidar Pioneer Velodyne to Become a Public Company in a Reverse Merger Deal

​San Jose California-based lidar company Velodyne Lidar Inc. is becoming a public company in a reverse merger agreement with Graf Industrial Corp. (GRAF), a special special purpose acquisition company. As part of the reverse merger agreement, GRAF will be renamed "Velodyne Lidar, Inc." and will remain listed on the New York Stock Exchange under the new ticker symbol VLDR.

Eric Walz2020-07-02 14:15 PT

Softbank Leads $500 Million Investment in Didi Chuxing’s Autonomous Driving Subsidiary

Softbank Leads $500 Million Investment in Didi Chuxing’s Autonomous Driving Subsidiary

After losing billions on investments in U.S. ride-hailing giant Uber Technologies Inc. and shared workspace startup WeWork, Softbank Group Corp is placing its next bets on self-driving cars in China. Softbank is leading a funding round in Chinese transportation company Didi Chuxing. The investment is in Didi’s autonomous driving subsidiary.

Eric Walz2020-05-29 13:30 PT

Pony.ai Given Green Light to Carry Passengers in its Robotaxis in China

Pony.ai Given Green Light to Carry Passengers in its Robotaxis in China

Autonomous driving startup Pony.ai, which was founded in Fremont, California with the goal of building the safest and most reliable autonomous driving technology, has been granted permission by local authorities in Beijing to pick up passengers in its robotaxis.

Eric Walz2020-05-22 11:00 PT

Waymo Secures $750 Million in its Latest Funding Round, Totaling $3 Billion Since March

Waymo Secures $750 Million in its Latest Funding Round, Totaling $3 Billion Since March

Despite the economic fallout due to the coronavirus crisis, venture capital continues to flow to companies working on self-driving cars and commercial robotaxi services that have the potential to change the future mobility landscape. Waymo announced it had raised another $750 million its first ever outside investment round. The Alphabet subsidiary has raised $3 billion since March.

Eric Walz2020-05-13 10:00 PT

Waymo to Resume its Self-driving Vehicle Testing Next Week in Arizona

Waymo to Resume its Self-driving Vehicle Testing Next Week in Arizona

Alphabet subsidiary Waymo, the self-driving technology company which spawned from Google’s early self-driving car project, announced on Thursday that it will resume its autonomous vehicle testing next week. Waymo is putting some of its vehicles back on the road in the Phoenix, Arizona metro area, where the company has been testing its driverless vehicles for the past several years.

FutureCar Staff 2020-05-08 15:15 PT

Waymo Raises $2.25 billion in its First-Ever External Investment Round

Waymo Raises $2.25 billion in its First-Ever External Investment Round

Waymo, the self-driving division of Parent Alphabet, announced on Monday it raised $2.25 billion in its first ever external funding round. Waymo spun out of Google’s early self-driving car project, which was one of the first efforts to develop self-driving cars over a decade ago.

Eric Walz2020-03-02 15:30 PT

Autonomous Driving Startup Pony.ai Receives $400 Million Investment from Toyota

Autonomous Driving Startup Pony.ai Receives $400 Million Investment from Toyota

Autonomous driving startup Pony.ai announced today it received a $400 million investment from Toyota. The investment will help to strengthen and expand its collaboration with Toyota on self-driving cars.

FutureCar Staff 2020-02-26 15:45 PT

The NHTSA Orders Self-Driving Shuttle Operator EasyMile to Cease Operations in 10 U.S. States Over Safety Concerns

The NHTSA Orders Self-Driving Shuttle Operator EasyMile to Cease Operations in 10 U.S. States Over Safety Concerns

Self-driving startup EasyMile was ordered to suspend its autonomous shuttle operations in the U.S. today after a passenger was injured last summer after one of the company’s vehicles made a sudden stop. The National Highway Traffic Safety Administration (NHTSA) ordered French-based EasyMile to suspend its operations while the agency investigates the incident.

FutureCar Staff 2020-02-25 15:45 PT

President Trump Sign Executive Order to Study Threats to the U.S. Global Positioning System

President Trump Sign Executive Order to Study Threats to the U.S. Global Positioning System

President Trump signed an executive order on Wednesday directing U.S. agencies to test the vulnerabilities of critical infrastructure systems in the event of a disruption or manipulation of the Global Positioning System.

Eric Walz2020-02-12 11:30 PT

Cruise Debuts the 'Origin', an Autonomous Urban Robotaxi Built for Ride-Hailing

Cruise Debuts the 'Origin', an Autonomous Urban Robotaxi Built for Ride-Hailing

Cruise debuted its fully-autonomous Origin shuttle at a media event last night in San Francisco. The futuristic self-driving shuttle was heavily engineered by Honda, with GM supplying the electric powertrain and Cruise tasked with developing the hardware and autonomous driving systems.

Eric Walz2020-01-22 10:05 PT

Velodyne Announces its New Compact Velabit Lidar Sensor for Autonomous Applications

Velodyne Announces its New Compact Velabit Lidar Sensor for Autonomous Applications

Silicon Valley-based lidar company Velodyne announced its new compact lidar sensor called the Velabit at CES this week. The new sensor is a low cost lidar for developers of self-driving vehicles and other autonomous machines. The company says it delivers robust performance on par with the company’s more expensive lidar sensors.

Eric Walz2020-01-09 16:35 PT

U.S. Signals Strong Support for Self-Driving Cars Ahead of Transportation Secretary Speech at CES

U.S. Signals Strong Support for Self-Driving Cars Ahead of Transportation Secretary Speech at CES

At the annual CES in Las Vegas on Wednesday, The Trump administration signaled strong support for self-driving vehicles as it releases new guidance from federal agencies.

FutureCar Staff 2020-01-08 12:05 PT

NVIDIA is Offering its Trained Deep Neural Networks to the Industry to Accelerate the Development of Autonomous Vehicles

NVIDIA is Offering its Trained Deep Neural Networks to the Industry to Accelerate the Development of Autonomous Vehicles

Nvidia announced this week at the company’s GTC technology conference in China that it will provide the transportation industry with access to its NVIDIA DRIVE trained deep neural networks (DNNs) for autonomous vehicle development.

Eric Walz2019-12-20 10:30 PT

California Approves the Testing of Commercial Autonomous Vehicles on Public Roads

California Approves the Testing of Commercial Autonomous Vehicles on Public Roads

California’s Department of Motor Vehicles (DMV) is issuing a new permit that allows self-driving commercial vehicles, including smaller trucks, to test on public roads for the first time.

Eric Walz2019-12-18 15:45 PT

DeepRoute Announces its New Full-Stack Autonomous Driving Sensing Solution

DeepRoute Announces its New Full-Stack Autonomous Driving Sensing Solution

DeepRoute, a AI-based startup developing a level 4 level self-driving full-stack solution, announced yesterday the release of its new sensing solution called DeepRoute-Sense, which is a all-in-one self-driving system capable of fusing data from multiple sensors, enabling autonomous vehicles to better perceive their surroundings.

Eric Walz2019-11-21 14:05 PT

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