Seoul, South Korea-based autonomous vehicle simulation startup Morai has raised $1.8M in a Series A funding round.
After landing in Miami-Dade in 2018 with a fleet of self-driving cars, Ford announced Monday that it plans to broaden its presence there, writes Rob Wile. Here is the link: https://www.miamiherald.com/news/business/article246728241.html
Tesla CEO Elon Musk personally offered up to $100 million in indemnity coverage for officers and directors of the company, writes Lora Kolodny. Here is the link: https://www.cnbc.com/2020/10/26/tesla-paid-elon-musk-millions-for-90-days-indemnification-insurance.html
Einride, the Swedish autonomous trucking startup, unveiled a new vehicle type that the company hopes to have on the road delivering freight starting in 2021, writes Andrew Hawkins. Here is the link:...
Israel-based DriveU.auto, developers of connectivity platform for autonomous vehicle teleoperation, has raised $4 million.
Amazon has signed an agreement to acquire Zoox, a California-based company working to design autonomous ride-hailing vehicles from the ground up.
The new internal organization will develop most of VW Group's car and cloud-based software, unifying the brands with a VW.OS platform, writes Antuan Goodwin. Here is the link: https://www.cnet.com/roadshow/news/volkswagen-car-software-division-begins-operation/
Intel has acquired Moovit, a mobility-as-a-service (MaaS) solutions company, for approximately $900 million.
Hoverfly, manufacturer of the LiveSky tethered drones, has been awarded a $10 million sole-source contract by a U.S. government agency.
VW will invest $2.6 billion in Argo AI, the Pittsburgh based autonomous vehicle startup backed by Ford, writes Andrew J. Hawkins. Here is the link: https://www.theverge.com/2019/7/12/20690722/ford-vw-alliance-self-driving-argo-investment-valuation
The Beijing-based tech giant today unveiled Apollo Lite, a vision-based framework that leverages multiple cameras to achieve level 4 autonomous driving — that is, operation with limited human oversight under select...
The U.S. Postal Service (USPS) is experimenting with self-driving trucks to move mail across state lines, writes Vanessa Romo. Here is the link: https://www.npr.org/2019/05/21/725524334/u-s-postal-service-is-testing-self-driving-trucks
Uber spent $457 million last year on research and development of autonomous vehicles, flying cars (known as eVTOLs) and other “technology programs”, writes Kirsten Korosec. Here is the link: https://techcrunch.com/2019/04/11/uber-spent-457-million-on-self-driving-and-flying-car-rd-last-year/
The service ran its first flight Tuesday, at North Carolina–based WakeMed’s hospital in Raleigh, using Matternet’s compact M2 quadcopter, writes Eric Adams. Here is the link: https://www.wired.com/story/ups-matternet-drone-delivery-north-carolina/
Elon Musk says Tesla cars will be so capable, you’ll be able to snooze in the driver seat while it takes you from your parking lot to wherever you’re going, writes...