[ad_1] It took more than a year, but GM’s self-driving company is close to receiving a giant cash infusion. Cruise Automation confirmed to Reuters that the Committee on Foreign Investment in the US (CFIUS) had approved SoftBank’s $2.25 billion investment in the driverless tech company. SoftBank will have a spot on Cruise’s board as a […]
Category: self-driving car
VW will reportedly share its electric car platform with Ford
[ad_1] The companies are poised to talk about extending the partnership at a July 11th meeting, according to one of the sources. Neither VW nor Ford is willing to discuss the finer points of negotiations, although spokespeople for both said they were making progress. If the agreement holds, this could have a far-reaching effect on […]
Apple confirms it acquired a self-driving car startup
[ad_1] The latest self-driving firm to be consolidated is Drive.ai. The startup has been working on AI tech for autonomous vehicles for a few years, but found itself low on cash in an increasingly competitive market. Now, just as the San Francisco Chronicle reports that it filed with regulators about shutting down, Apple acquired it […]
Florida allows self-driving car tests without backup drivers
[ad_1] The measure takes effect July 1st. There are already plans to test driverless cars in Florida, such as Ford’s Miami campaign. This could encourage others who want to take advantage of the climate and looser rules, though. And right now, there are few states that allow completely driver-free tests on their roads — for […]
Volkswagen ends deal with self-driving startup Aurora
[ad_1] The news of VW’s departure comes only a couple of days after Aurora signed with Fiat Chrysler to build platforms for self-driving vans. Along with Fiat, the Amazon-backed Aurora has partnerships with Hyundai and China’s Byton. “Volkswagen Group has been a wonderful partner to Aurora since the early days of development of the Aurora […]
Tesla sued over fatal 2018 Model X crash with Autopilot engaged
[ad_1] BREAKING NEWS: Tesla hit with lawsuit by family of Walter Huang, Apple Engineer who died last year when autopilot in Model X steered him into a traffic barrier Southbound 101 in Mountain View. #ABC7now pic.twitter.com/1cEql1vllc — Dan Noyes (@dannoyes) May 1, 2019 At the time, Tesla CEO Elon Musk published a blog post about […]
Uber’s self-driving unit gets its own CEO and a $1 billion investment
[ad_1] As Uber finally closes in on its IPO, its self-driving car unit is getting a big cash infusion and some independence. The company announced tonight that Toyota, Denso and Softbank are investing a total of $1 billion in its Advanced Technologies Group (Uber ATG), in a deal that values that part of the company […]
Tesla will ‘substantially’ raise the price of its self-driving option
[ad_1] The increase comes on the heels of Tesla making Autopilot standard and won’t exactly thrill buyers who can’t buy before May. However, there is a reason for the move: Tesla is showing off its next-gen driverless technology, which comes in tandem with a new computer, at an investor meeting on April 22nd. The company […]
VW tests self-driving cars on the streets of Hamburg
[ad_1] The cars will be loaded to the hilt with sensors, including 14 (!) cameras, 11 laser scanners and seven radars, not to mention enough computing to rival “15 laptops.” This is still early tech, then, although it will ensure that the car isn’t caught off-guard by pedestrians or less-than-courteous cars. The testing should portend […]
Uber will not face criminal charges for last year’s self-driving crash
[ad_1] Nearly a year after one of Uber’s autonomous SUVs struck and killed a pedestrian, Elaine Herzberg, Arizona prosecutors said they did not find the company criminally liable in the incident. Reuters published parts of the letter from Yavapai County Attorney Sheila Polk the collision video, as it displays, likely does not accurately depict the […]