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Posts Tagged ‘Autonomous Vehicles’

GM ups electric and autonomous vehicle spending to $27 billion through 2025

General Motors said it will spend $27 billion over the next five years on the development of electric vehicles and automated technology, a 35% increase that exceeds the automaker’s investment in gas and diesel and is an effort to bring products to market faster. More than half of GM’s capital spending and product development team ...

Chinese autonomous vehicle startup Pony.ai hits $5.3 billion valuation

Pony.ai, the Chinese autonomous vehicle startup and relative newcomer to the industry, is now valued at $5.3 billion following a fresh injection of $267 million in funding. The round was led by TIP, an innovation fund within the Ontario Teachers’ Pension Plan Board that focuses on late-stage venture and growth equity investments in companies that ...

Waymo’s self-driving tech will power Daimler trucks

Daimler Trucks, which makes semis and commercial trucks for Mercedes-Benz and other truck brands around the world, will soon start offering Waymo's self-driving platform on some of its Class 8 trucks in the U.S. The partnership between the leaders in... ...

Watch early testers try Tesla’s Full Self-Driving mode for the first time

On Friday, we finally got a glimpse at a long-awaited feature that Elon Musk rolled out this week for a select group of Tesla owners: Full Self-Driving mode.  Only a small group of Tesla-chosen drivers with safe driving records were given th... ...

Elon Musk says ‘Full Self-Driving’ mode on Tesla is finally here, sort of

For the lucky few selected to experience "Full Self-Driving" (or FSD) on their Tesla vehicle, Tuesday night is the night.  Tesla CEO Elon Musk tweeted Tuesday afternoon that the autonomous mode was "happening tonight" after promising the feature... ...

Einride raises $10 million to fast track its autonomous electric cargo pods

For the past four years, Swedish startup Einride has captured interest, investment and even a few customer contracts for its unusual-looking pods — electric and autonomous vehicles that are designed to carry freight. But progress in developing, testing and validating autonomous vehicles — particularly ones that don’t even have space for a driver and rely ...

Yandex spins out self-driving car unit from its Uber JV, invests $150M into newco

Self-driving cars are still many years away from becoming a ubiquitous reality, but today one of the bigger efforts to build and develop them is taking a significant step out as part of its strategy to be at the forefront for when they do. Yandex — the publicly-traded Russian tech giant that started as a ...

A small number of self-organizing autonomous vehicles significantly increases traffic flow

Adding a few autonomous vehicles into traffic can reduce traffic jams and create safer, greener driving conditions, according to a study conducted Dr. Amir Goldental and Prof. Ido Kanter, from the Department of Physics at Bar-Ilan University. The researchers suggest guidelines for efficient regulations, such that AVs can cooperate and significantly enhance traffic flow even ...

GM shifts Corvette engineering team to its electric and autonomous vehicle programs

GM is moving the engineering team responsible for the mid-engine Chevrolet Corvette to the company’s electric and autonomous vehicle programs to “push the boundaries” on what its future EV battery systems and components can deliver, according to an internal memo. The memo, sent by Doug Parks, GM’s executive vice president of global product development, purchasing ...