Volkswagen to invest in Ford-backed AV developer Argo AI
Volkswagen (VW) has expanded its global alliance with Ford by investing in autonomous vehicle developer Argo AI. VW will hold…
Browsing: Business
dSpace to acquire software startup understand.ai
German startup understand.ai has been acquired by dSPACE, a producer of various solutions for the testing and development of autonomous…
Maniv Mobility secures US$100m in second venture fund for self-driving startups
Venture capital firm Maniv Mobility announced today (July 9) that it has closed its second venture fund with US$100m in…
AB Dynamics acquires autonomous driving simulation specialist rFpro
AB Dynamics (ABDP), a supplier of automotive test systems, has acquired simulation software specialist rFpro, strengthening its position in the…
BMW and Daimler join forces to accelerate Level 4 self-driving technologies
Representatives from BMW Group and Daimler have signed a long-term strategic cooperation agreement that will focus on the joint development…
Apple purchases AV startup Drive.ai
US tech giant Apple has strengthened its position in the autonomous vehicle (AV) market with the purchase of startup Drive.ai,…
German AV market to reach US$28bn by 2030
A report published by market research firm P&S Intelligence predicts that the value of the German autonomous vehicle (AV) market…
Renault, Nissan and Waymo to explore AV applications in France and Japan
The Alliance (Renault-Nissan-Mitsubishi) has entered a trial partnership with Alphabet subsidiary Waymo to explore all aspects of driverless mobility services…
Autonomous vehicle software developer Brodmann17 opens US office
Brodmann17, a developer of deep-learning software for advanced driver assistance systems (ADAS) and automated driving, is to open a new…
Danish logistics firm to trial Volvo’s self-driving truck
Volvo Trucks is collaborating with Danish logistics company DFDS to test its fully electric autonomous truck, Vera, in a real-world…