Otto Motors has raised US$29m in Series C funding to develop its autonomous mobile robot platform (AMR). The investment was led by Kensington Private Equity…
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VW Group’s Audi has signaled its intent in the AV market by establishing a dedicated AV business unit called Artemis. Headed by Alex Hitzinger, who’s…
Idriverplus is the latest company to join the Automated with Velodyne ecosystem. The collaboration sees Velodyne work with Idriverplus to “innovate and promote its autonomous…
Amazon is in talks to acquire self-driving company Zoox in a move that Amazon bosses reckon could save the e-commence giant billions of dollars in…
DiDi Chuxing has raised over US$500m to develop autonomous driving technology and testing. The funding was led by SoftBank Vision Fund 2 and is the…
Researchers at WMG University of Warwick will test AV safety through a UKRI Future Leader Fellowship awarded to Dr Siddartha Khastgir. The seven-year fellowship, worth…
A consortium led by EasyMile has submitted a funding application to bring autonomous vehicles to the logistics sector. The funding application was sent to the…
The autonomous vehicle market could be worth over US$200bn in 2030 according to analysis by Frost & Sullivan. The consultant’s report, Future Business Models of…
Software engineering firm Luxoft will acquire CMore Automotive, developer of AI-driven mobility systems. Lindau, Germany-based CMore acts as a strategic autonomous development partner serving major…
Outrider has raised US$53m in funding and carried out pilots of its Outrider System, which focuses on automating yard operations for logistics hubs. The seed…