Toyota and SoftBank create venture for mobility services
Japanese car maker Toyota has announced that it is teaming up with Japanese tech powerhouse Softbank in a joint venture…
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Honda and General Motors join forces to build autonomous cars
Auto maker Honda is to invest US$2.75bn in General Motors and Cruise to develop a purpose-built autonomous vehicle for large-scale…
Siemens PLM supplies ITS technology for CAV research at American Center for Mobility
The American Center for Mobility (ACM), a testing, education and product development facility for future mobility in Michigan, has extended…
Toyota to invest US$500m in Uber and share AV technology
Uber and Toyota have agreed to expand their collaboration to bring autonomous ridesharing to the mass market. This also goes…
VW acquires minority interest in AV software company
The Volkswagen Group has acquired a non-controlling interest in FDTech, a company with 30 employees that develops algorithms for automated…
Waymo opens Shanghai subsidiary
Waymo has set up a subsidiary called Huimo Business Consulting in Shanghai, according to a business registration filing. This is…
Ford Autonomic partners with Alibaba cloud to advance connected car fleets in China
Autonomic, a connected vehicle company that was taken over by Ford in February, has signed a memorandum of understanding with…
US$25m series B investment for RideOS
RideOS, a technology platform for the roll-out of next-generation fleets, has raised US$25m in series B funding, with a major…
Kodiak Robotics receives US$40m in funding to automate long-haul trucking
Kodiak Robotics has obtained US$40m in series A financing led by global investment firm Battery Ventures. The startup developing AV…
Daimler extends partnership with Baidu
Daimler has signed a memorandum of understanding with Chinese tech company Baidu to strengthen their partnership in CAVs, and are…