Uber has its highest close since IPO

November 9, 2020 0

Uber shares surged 7.38% to close at $48.18 following news that a vaccine candidate is 90% effective at preventing COVID-19, and could start coming to market

Chinese autonomous vehicle startup hits $5.3 billion valuation

November 6, 2020 0, the Chinese autonomous vehicle startup and relative newcomer to the industry, is now valued at $5.3 billion following a fresh injection of $267 million

Provizio closes $6.2M seed round for its car safety platform using sensors and AI

November 6, 2020 0

Provizio, a combination hardware and software startup with technology to improve car safety, has closed a seed investment round of $6.2million. Investors include Bobby Hambrick

Massachusetts voters pass a right-to-repair measure, giving them unprecedented access to their car data

November 4, 2020 0

A ballot measure passed by 75% of voters in Massachusetts has resolved a thorny question that could have widespread implications for the automotive industry: once

Nissan and Hitachi to Lead the UK’s Latest Autonomous Mobility Project

November 2, 2020 0

Nissan, Hitachi, and other industry leaders have partnered up on the UK’s latest autonomous mobility project, “ServCity” ServCity launched this month with the aim of

Outrider raises $65 million to bring its autonomous tech to distribution yards

October 28, 2020 0

Outrider, a startup aiming to bring its autonomous technology to the nerve center of the supply chain, has raised $65 million in funding just eight

Fiat Chrysler plans to bring an Ram electric pickup truck to market

October 28, 2020 0

Fiat Chrysler Automobiles CEO Mike Manley confirmed Wednesday the automaker’s Ram brand will bring an electric pickup truck to market. The remarks, made in response

Google’s Waymo Service to Enable Driverless Taxis in Phoenix in Few Weeks

October 27, 2020 0

“We expect our new driverless service to be very popular, and we’re thankful to our riders for their patience as we ramp up availability to

Tokai Rika and Alps Alpine Enters into Agreement on Joint Product Development in the HMI Domain

October 26, 2020 0

The agreement aims to target enhanced development capabilities and speed in automotive business The collaboration aims to heighten development efficiency and enhance value for the

Tesla wows on latest numbers

October 21, 2020 0

Tesla’s latest quarterly numbers beat analyst expectations on both revenue and earnings per share, bringing in $8.77 billion in revenues for the third quarter. With