AMSTERDAM, Dec. 7, 2021 /PRNewswire/ — Approximately €4 billion in annual revenues by 2026 and ~€20 billion by 2030, generated by software-enabled product offerings and subscriptions More than €30 billion of investments planned through 2025 to execute software and electrification transformation 34 million monetizable connected cars expected by 2030, with a majority of all new… Continue reading Stellantis Targets ~€20 Billion in Incremental Annual Revenues by 2030 Driven by Software-enabled Vehicles
Tag: Waymo/Google
Autos & TransportationSan Francisco agency opposes Cruise robotaxi application, citing safetyDecember 1, 2021
A Cruise self-driving car, which is owned by General Motors Corp, is seen outside the company’s headquarters in San Francisco where it does most of its testing, in California, U.S., September 26, 2018. Picture taken on September 26, 2018. REUTERS/Heather Somerville Register now for FREE unlimited access to reuters.com Register Dec 1 (Reuters) – San… Continue reading Autos & TransportationSan Francisco agency opposes Cruise robotaxi application, citing safetyDecember 1, 2021
Holoride debuts Ride crypto, the currency of its in-car metaverse
Holoride, the Audi-backed startup that’s creating an in-vehicle virtual reality entertainment system designed for passengers, has begun publicly selling its Ride cryptocurrency token. The launch of the crypto is the latest move by Holoride to build up its extended reality (XR) ecosystem of games and experiences created by a community of developers. Vehicle passengers keen… Continue reading Holoride debuts Ride crypto, the currency of its in-car metaverse
Self-driving taxis are not arriving as soon as you think
Recent innovations suggest autonomous taxis could be about to hit our roads, but the truth is more complex than that. Which will be the first self-driving vehicle to go mainstream — personal cars, trucks or taxis? Maybe your money is on food trucks or forklifts? Plenty of experts thought the answer to that question was… Continue reading Self-driving taxis are not arriving as soon as you think
The Next Frontier for Car Rental Companies is Sharing Cars
The car rental industry has proven to be resilient throughout the past few years, weathering global lockdowns, supply chain issues, and changing consumer demands. This is a mature industry that continues to survive recessions and adapt to a changing mobility landscape. Despite the challenges that came with the pandemic, there have been some notable wins… Continue reading The Next Frontier for Car Rental Companies is Sharing Cars
Self-driving truck startup Kodiak Robotics raises $125M
Kodiak Robotics, one of the last privately held autonomous truck outfits in Silicon Valley, has raised $125 million in new capital, funding that will be used to double its workforce as it pursues a path to commercialization. The oversubscribed Series B stands out for its lengthy list of backers and notably that the lead investor… Continue reading Self-driving truck startup Kodiak Robotics raises $125M
Waymo self-driving vehicles will begin mapping NYC’s streets
Waymo’s self-driving cars will make an appearance in New York City on Thursday, but don’t expect to hail a robotaxi in the Big Apple anytime soon — or ever. The company is a long way from testing or launching its autonomous vehicles commercially in the city. Instead, Waymo announced plans to manually drive its vehicles… Continue reading Waymo self-driving vehicles will begin mapping NYC’s streets
Einride launches autonomous pods and electric freight operations in U.S.
Swedish freight technology company Einride announced the launch of its operations in the United States. On Thursday, the company will officially begin testing its transport solutions – like its autonomous ‘pods,’ electric trucks and ‘Saga’ operating system – with partners like GE Appliances (GEA), Bridgestone and Oatly. The company also announced that it would introduce… Continue reading Einride launches autonomous pods and electric freight operations in U.S.
Autonomous delivery startup Nuro lands investment from Google, Tiger Global in new $600 million round
Nuro has raised $600 million in a fundraising round led by new investor Tiger Global Management, capital that the autonomous delivery startup will use to ramp up commercial operations. The funding has pushed Nuro’s valuation to about $8.6 billion — or some 72% higher than a year ago — according to people familiar with the… Continue reading Autonomous delivery startup Nuro lands investment from Google, Tiger Global in new $600 million round
Behind the Wheel, Under the Hood of World’s First 500-Mile EV
One way to minimize such delays is by cutting a path through the Internet, one that takes into account the traffic conditions up ahead. My company, Subspace, has built such a network using custom hardware and a proprietary fiber-optic backbone. And we’ve shown it doesn’t have to be complicated—users don’t have to do anything more… Continue reading Behind the Wheel, Under the Hood of World’s First 500-Mile EV