Japanese car maker Toyota has announced that it is teaming up with Japanese tech powerhouse Softbank in a joint venture that will aim to develop…
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Auto maker Honda is to invest US$2.75bn in General Motors and Cruise to develop a purpose-built autonomous vehicle for large-scale manufacture and deployment, it has…
The American Center for Mobility (ACM), a testing, education and product development facility for future mobility in Michigan, has extended its cooperation with Siemens PLM.…
The Volkswagen Group has acquired a non-controlling interest in FDTech, a company with 30 employees that develops algorithms for automated driving and was founded in…
Uber and Toyota have agreed to expand their collaboration to bring autonomous ridesharing to the mass market. This also goes with a US$500m investment in…
Waymo has set up a subsidiary called Huimo Business Consulting in Shanghai, according to a business registration filing. This is a major development as China…
Autonomic, a connected vehicle company that was taken over by Ford in February, has signed a memorandum of understanding with Alibaba Cloud to introduce Autonomic’s…
Kodiak Robotics has obtained US$40m in series A financing led by global investment firm Battery Ventures. The startup developing AV technology for trucks was founded…
RideOS, a technology platform for the roll-out of next-generation fleets, has raised US$25m in series B funding, with a major part coming from Siemens’s venture…
Daimler has signed a memorandum of understanding with Chinese tech company Baidu to strengthen their partnership in CAVs, and are planning to integrate Baidu’s vehicle…