Mechanical Simulation Corporation has announced the retirement of long-standing president, Terence J Rhoades. Having held the position for the past 19 years, Rhoades has been…
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Under a newly signed agreement, Torc Robotics – a subsidiary of Daimler Truck that is commercializing self-driving technology – is to acquire Algolux, a Montreal,…
Continental and Technologiegründerfonds Sachsen (TGFS) have made a follow-up investment in Kopernikus Automotive, an artificial intelligence (AI) startup specializing in automated valet parking and Level…
Polestar and Luminar continue to deepen their partnership, with Luminar’s technology now set to be integrated into the Polestar 5 – the electric four-door GT…
The Hub2Hub consortium has been awarded £6.6m (US$8.1m) to develop and deliver a revolutionary, world-first, autonomous zero-emission HGV for the UK market. Accelerating toward the…
In a Series C financing round led by FM Capital, new investors in the developer of autonomous yard operations technologies include a wholly owned subsidiary…
Volvo Group Venture Capital AB has invested in Waabi Innovation Inc., a Canadian company developing autonomous trucking technology, founded by Raquel Urtasun, former chief scientist…
Oxbotica, which provides autonomous vehicle software, has raised US$140 million in a Series C investment to deploy its operating system for Universal Autonomy in multiple…
LG Electronics and mobility technology company Magna have signed an agreement to collaboratively develop a proof of concept for an automated driving infotainment solution to…
Nvidia and Hon Hai Technology Group (Foxconn), the world’s largest technology manufacturer, will jointly develop automated and autonomous vehicle platforms. As part of the agreement,…