How Moovit went from opportunity to a $900M exit in 8 years

Private investor (and former Moovit president) Omar Téllez shares the inside story Omar Téllez 12 hours Omar Téllez Contributor Omar Téllez is a private investor in several tech companies based in LatAm and Silicon Valley. A member of Niantic’s executive team, he was previously president of Moovit. More posts by this contributor Top VCs Are… Continue reading How Moovit went from opportunity to a $900M exit in 8 years

Ex-Google robocar engineer sentenced for theft

An ex-engineer for Google’s self-driving car unit has been sentenced to 18 months in prison for trade secret theft shortly before he joined Uber. US District Judge William Alsup in San Francisco said Anthony Levandowski had carried out the “biggest trade secret crime I have ever seen”. Levandowski loaded more than 14,000 Google files onto… Continue reading Ex-Google robocar engineer sentenced for theft

@niche: Perception for Automated Trucking

The highway as seen by an automated truck By Lance Martin and Alvin Zhang Few industries have gained more prominence this year than logistics. With millions at home sheltering in place, there is unprecedented demand for delivery of food and other essential items. People across the country are realizing they should #ThankATrucker. At Ike, we believe… Continue reading @niche: Perception for Automated Trucking

Autonomous vehicle reporting data is driving AV innovation right off the road

Grace Strickland Contributor Grace Strickland is an attorney with more than six years of experience representing technology clients in cutting-edge industries, including autonomous transportation. John McNelis Contributor John McNelis is an intellectual property partner and leader of the autonomous transportation and shared mobility practice at Fenwick & West; he also chairs the California Technology Council’s… Continue reading Autonomous vehicle reporting data is driving AV innovation right off the road

Fiat Chrysler salaried workers back at full pay

CLOSE Fiat Chrysler Automobiles has restored full pay for its salaried workforce. Unlike General Motors, which announced its own restoration of full pay for salaried workers, the move was not earlier than expected, according to FCA, but was in the planned time frame for addressing the financial impact of the coronavirus. Ford had announced a similar plan beginning in May… Continue reading Fiat Chrysler salaried workers back at full pay

Self-driving startup Argo AI hits $7.5 billion valuation

Autonomous vehicle technology startup Argo AI is valued at $7.5 billion, just a little more than three years after the company burst on the scene with a $1 billion investment from Ford. The official valuation was confirmed Thursday nearly two months after VW Group finalized its $2.6 billion investment in Argo AI. Under that deal,… Continue reading Self-driving startup Argo AI hits $7.5 billion valuation

For 80,000lb automated trucks, driving 65mph can change the future of delivery

The benefits of automated trucking could be just the what the logistics industry needs to transform our delivery model and thrive post COVID-19. As of July 16th deliveries are restricted or limited in sixty-two countries around the world and delayed in others, due to COVID-19, reports support.nature. Waymo Via, focused on trucking and local delivery,… Continue reading For 80,000lb automated trucks, driving 65mph can change the future of delivery

The Station: Winners and losers in Paris, Rivian sets a delivery date, Waymo and FCA deepen ties

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every Saturday in your inbox.  Hello and welcome back to The Station, a newsletter dedicated to all the present and future ways people and packages move from Point A to Point B. It’s… Continue reading The Station: Winners and losers in Paris, Rivian sets a delivery date, Waymo and FCA deepen ties

Series: The digitizers of business: How the Mercedes-CTO Daimler is leading into the future

Daimler manager Sajjad Khan The Mercedes-CTO is convinced: “We should never give up our aspiration for perfection. That is our USP as made in Germany – and not just for security issues. ” (Photo: Bernhard Kahrmann for Handelsblatt) Sindelfingen colleagues describe Sajjad Khan as “positively crazy”. Finally, the Chief Technology Officer (CTO) from Daimler two… Continue reading Series: The digitizers of business: How the Mercedes-CTO Daimler is leading into the future

Fiat Chrysler workers in Toledo: We’re the victims in corruption scandal

CLOSE A group of Fiat Chrysler Automobiles workers is suing FCA and the UAW for racketeering and conspiracy, claiming they are the real-life victims of the ongoing corruption scandal. The 27 Toledo-based autoworkers listed as plaintiffs said the UAW buried their concerns about  pay and employment status because union officials were getting the kinds of swanky perks — travel, fancy… Continue reading Fiat Chrysler workers in Toledo: We’re the victims in corruption scandal