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
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
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
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
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, 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 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
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 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 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
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
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 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’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, 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
Ouster, Inc., a provider of high-resolution lidar sensors for autonomous vehicles, robotics, security, and mapping, is introducing the OS1-32, that the company calls the world’s most affordable 32-channel lidar sensor.
FutureCar Staff 2019-11-14 16:30 PT
A new Silicon Valley startup named Ghost Locomotion has emerged from stealth mode. Ghost’s autonomous driving system is designed to retrofit a production vehicle for highway driving, a much less complicated problem for software engineers to solve.
FutureCar Staff 2019-11-07 15:00 PT
After announcing earlier this month that its would remove some safety drivers from its vehicles, Waymo CEO John Krafcik confirmed the company is now offering limited “rider-only” trips in Phoenix, Arizona without a safety driver behind the wheel.
Eric Walz2019-10-28 11:45 PT
The National Highway Traffic Safety Administration (NHTSA) is seeking input for “digital mirrors” which is a new vehicle technology that replaces glass mirrors with a digital display connected to a camera mounted inside or outside the vehicle.
Eric Walz2019-10-09 16:05 PT
Tesla, which becomes the latest automaker to buy a promising tech startup. The electric automaker announced it has acquired DeepScale, a computer vision startup that spun out of a research project at the University of California Berkeley.
Eric Walz2019-10-01 19:00 PT
Eric WalzSep 22, 2020 11:45 AM PT
Manish KharintaSep 22, 2020 8:00 AM PT
FutureCar Staff Sep 21, 2020 12:05 PM PT
Vineeth Joel PatelSep 21, 2020 8:15 AM PT