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
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
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, 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 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
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
Vineeth Joel PatelJan 18, 2021 7:10 AM PT
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Vineeth Joel PatelJan 16, 2021 8:00 AM PT