South Korean automotive supplier Hyundai Mobis said it will soon test its autonomous car model, named M.BILLY, in Michigan, US. The testing will be for level 3 and level 4 autonomous driving system development. The company currently has ...
Tags: Self-Driving Car, Hyundai Mobis
UK-based auto-spare parts supplier Delphi Automotive has agreed to acquire self-driving car startup nuTonomy for $450m. The deal includes an upfront price of $400m and an earn-out of $50m. nuTonomy was founded in 2013 by Karl Iagnemma ...
CapitalG, a growth investment fund under Alphabet has led $1bn round of investment in ride-hailing company Lyft. With this investment, Lyft’s valuation has gone up to $11bn. CapitalG’s partner David Lawee will be joining ...
Tags: CapitalG, Rival Lyft
General Motors (GM) has is advancing self-driving vehicle deployment acquired with the purchase of Strobe. Financial details about the deal were not disclosed. As part of the acquisition, Strobe’s engineering team will be ...
Continental has showcased its Cruising Chauffeur, a self-driving car platform which provides an insight into the company’s vision of the future of what it calls “highly automated driving” on highways. Highly automated ...
Tags: Continental, Automated Driving
Audi has joined hands with Fraunhofer Institute in Stuttgart, Germany, to find out what is important for making optimal use of time in a self-driving car. The company started the 25th Hour, a project that is aimed at studying how to make ...
Tags: Audi, Self-Driving Car
Groupe Renault and Société des Autoroutes du Nord et de l'Est de la France (Sanef) have partnered to develop advanced solutions for autonomous vehicles. The cooperation will develop communications between self-driving ...
Tags: Renault, Autonomous Vehicles
Volvo Cars and Autoliv have partnered with Nvidia for the development of advanced systems and software for self-driving cars. The three companies will work together with to develop next generation self-driving car technologies. Zenuity ...
Tags: Volvo Cars, Autoliv Partner
Google’s self-driving subsidiary Waymo is retiring its prototype autonomous vehicle, dubbed Firefly. The Firefly vehicle, which has no wheel and pedals, was developed as a platform to experiment and learn, but not for mass ...
Tags: Google, autonomous vehicle
This month Apple received a permit to test autonomous vehicles on California roads, which suggested the company was moving forward with its self-driving car plans after months of speculation as to whether the project had been shelved. ...
Months after the firm was thought to have cooled its 'Project Titan' automotive ambitions, Apple has received a permit to test autonomous vehicles on California roads. The Department of Motor Vehicles in the company’s home state ...
US ride-hailing firm Lyft has raised $600m in new round of financing at a $7.5bn valuation. The investors in the funding round include KKR, Baillie Gifford, Alliance Bernstein, Canada’s Public Sector Pension Investment Board (PSP) ...
Tags: Lyft, self-driving car
Last year, following a ton of speculation, it emerged Apple may have scaled back its self-driving car ambitions, after many expected it to announce its own autonomous vehicle. A Bloomberg report from October claimed the iPhone maker had ...
Ride-hailing company Uber has reportedly suspended its self-driving car tests, after one of the vehicles met with an accident in the City of Tempe, Arizona, US. The accident involved a Volvo SUV from Uber, which was carrying two engineers ...
Tags: Self-Driving Cars, Uber
Renault-Nissan Alliance and Transdev have signed a research contract to jointly explore development of mobility services with fleets of electric driverless vehicles for public and on-demand transportation. The companies will collaborate ...
Tags: Self-Driving Vehicles, Renault