Industry

DeepRoute.ai — an autonomous technology startup based in China — is mapping out a strategy in the U.S. market centered on deploying self-driving medium-duty trucks to make commercial deliveries at night. The plan, explains founder and CEO Maxwell Zhou, seeks to address two primary issues in the commercial delivery sector: the logistical efficiency of deliveries
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Intel Corp. autonomous driving unit Mobileye is piloting a robotaxi service in Paris that’s ferrying employees of one of the French capital’s most famous department stores to work. The challenges of navigating Parisian traffic will help speed up the development of Mobileye’s self-driving system, said Johann Jungwirth, a company vice president. “It will certainly help
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Dan Ammann, CEO of Cruise, is leaving the autonomous vehicle developer, General Motors said in statement Thursday. The self-driving vehicle company majority-owned by GM will be run by Kyle Vogt, co-founder, president and chief technical officer, for now. GM did not say why Ammann, CEO of the San Francisco startup since 2019, was leaving or
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Electric vehicle leasing startup Hive Technologies Inc said on Tuesday it closed a $30 million funding round to expand its fleet for ride-hail drivers who can otherwise not afford the vehicles’ higher upfront costs. Backed by environmental, social and governance (ESG)-focused investors, the company leases EVs to Uber Technologies Inc and Lyft Inc drivers on
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The CEO of Uber Technologies Inc. on Tuesday said the company was looking sell stakes in what it considers non-strategic investments in other companies, including its shares in Chinese ride hailing company Didi Global . Speaking at a virtual fireside chat with a UBS analyst, Chief Executive Dara Khosrowshahi said many of the companies Uber
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When Intel bought Mobileye in March 2017, it was considered a blockbuster deal, and not just because of the $15.3 billion price tag. The acquisition paired Intel’s vast chipmaking capabilities with Mobileye’s camera-based computer vision expertise, bringing an entirely new dynamic to automotive technology. Now the companies envision something far bigger. Last week, Intel unveiled
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WASHINGTON — Autonomous trucks can offer a “generational opportunity” to not only improve road safety but also bring about far-reaching economic benefits, according to Ariel Wolf, general counsel for the Self-Driving Coalition for Safer Streets. To advance automation in the trucking industry and beyond, the coalition has been involved in discussions with policymakers at the
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State, county and municipal government fleets in Ohio, as well as private citizens who volunteer to participate, are expected to add hundreds more connected vehicles — specially equipped to test new advanced driver-assistance systems — along a 35-mile stretch of “smart” highway in central Ohio called the 33 Smart Mobility Corridor. Efforts are underway to
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Editor’s note: An earlier version of this story overstated Ryder Ventures’ role in Gatik’s funding round. Driverless operations. Deployment plans. Funding infusions. As the year nears a close, the self-driving truck industry is gaining momentum. Many companies notched major technical and business-related milestones in recent months. Here’s a look at what each company has done
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Self-driving tech company Robotic Research Inc. said Thursday it has raised $228 million in its first round of outside funding in the company’s nearly two-decade history. The money comes from not just the regular crowd of venture capitalists. Luminar Technologies, the lidar company working with many of the world’s largest automakers, is among the investors.
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Michigan State University will deploy an electric autonomous bus on its campus in January pending additional testing and NHTSA validation, the school’s mobility research faculty announced in early November. The bus was produced by Turkish vehicle manufacturer Karsan and equipped with autonomous technology from Adastec Corp., a San Francisco-based company that offers autonomous transportation platforms
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Fueled with hydrogen instead of diesel, electrically powered Class 8 trucks could offer a much cleaner way to move freight. But first, America’s national labs must light a development path toward more efficient and durable “heavy-duty” fuel cells. Many experts believe using these to energize massive electric motors could easily and affordably move tons of
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More than 250 school districts across the U.S. have made commitments to at least test electric school buses, and many of them already have e-buses in use. In November, New Mexico announced it would invest more than $11 million in EV infrastructure and education programs, including about 20 charging stations for electric city buses. Two
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WASHINGTON — As General Motors commits to investing billions of dollars in electric and autonomous vehicle development, its reputation in the nation’s capital will be essential for guiding policies that prop up the transformation. Once a company that was harshly criticized by U.S. lawmakers for an announcement in late 2018 that it would trim its
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SAIC Motor Corp. is planning a fresh round of fundraising for its mobility service platform Xiangdao Chuxing, according to people familiar with the matter, as it seeks to stay competitive amid shifts in the automotive industry. China’s largest carmaker, which counts Volkswagen AG and General Motors as partners, aims to raise as much as $157
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Self-driving tech startup Nuro said on Wednesday it was rolling out California’s first commercial autonomous delivery service in partnership with convenience store operator 7-Eleven. Nuro and rivals such as Waymo are launching or planning to launch autonomous delivery services with regulatory approval in the United States, though the services are limited or not in the
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