Self-driving startup Ouster nears $1.9 bln deal to go public

Ouster’s management has talked about the broader applications for lidar in areas such as drones, smart cities and robotics, and not just for autonomous vehicles. By Joshua Franklin and Paul LienertOuster Inc, a U.S. startup that makes lidar sensors for self-driving cars and smart cities, is nearing a deal to go public at a roughly… Continue reading Self-driving startup Ouster nears $1.9 bln deal to go public

Apple Is Reportedly Releasing a Self-Driving Car in 2024

Project Titan According to a Reuters exclusive, tech giant Apple is planning to produce a self-driving passenger car to be released as soon as 2024 — despite several layoffs hitting the company’s automobile efforts over the last couple of years. The project, known as Project Titan, was reportedly first approved by CEO Tim Cook six… Continue reading Apple Is Reportedly Releasing a Self-Driving Car in 2024

Elon Musk says Tesla will release its ‘full self-driving’ feature as a subscription in early 2021 (TSLA)

Tesla will release its “full self-driving” driver-assistance system as a subscription service in early 2021, CEO Elon Musk tweeted Sunday.  The carmaker released a beta version of the software to some Tesla owners in October.  The “full self-driving” system, which does not give cars full autonomy, is currently a $10,000 add-on.  Visit Business Insider’s homepage… Continue reading Elon Musk says Tesla will release its ‘full self-driving’ feature as a subscription in early 2021 (TSLA)

Superpedestrian Raises $60M from Citi, OurCrowd and Others, Fueling Expansion of LINK: Industry’s Only Scooter Fleet with On-Board Intelligence

NEW YORK, Dec. 21, 2020 /PRNewswire/ — Superpedestrian has secured major financial backing from the Citi Impact Fund, OurCrowd, Winthrop Square Capital, and others–part of a new $60 million investment in the transportation robotics company that will fuel responsible growth of its LINK scooter fleet equipped with unique On-Board Intelligence and an active safety system.… Continue reading Superpedestrian Raises $60M from Citi, OurCrowd and Others, Fueling Expansion of LINK: Industry’s Only Scooter Fleet with On-Board Intelligence

Continental bags Hyundai India’s digital instrument cluster order, ramps up capacity

Continental Automotive India has announced that the company has bagged orders to supply digital instrument clusters to Hyundai Motor India for its Venue crossover and Verna sedan. As a result, it has enhanced its production and development capabilities at its manufacturing plant in Bangalore, Karnataka, in order to meet the growing local demand. Part of… Continue reading Continental bags Hyundai India’s digital instrument cluster order, ramps up capacity

REVEALED: How much Joby, the leading flying car startup that just acquired Uber Elevate, pays its engineers

Joby Aviation is a company designing a revolutionary electric vertical take-off and landing (eVTOL) vehicle, which it says will transform urban mobility by making air taxis a reality. The company recently acquired Elevate, Uber’s air taxi project, from the ride-hailing giant. Business Insider analyzed salary data that Joby shared with the US government, to see… Continue reading REVEALED: How much Joby, the leading flying car startup that just acquired Uber Elevate, pays its engineers

Aurora sends offers to majority of Uber ATG employees, but not the R&D lab

Autonomous vehicle company Aurora Innovation sent offers Thursday to more than 75% of employees at Uber Advanced Technologies Group, just a week after announcing plans to acquire the self-driving subsidiary, according to a source familiar with the post-merger integration plans. Uber ATG Toronto, which employs about 50 people where the subsidiary conducted its research and… Continue reading Aurora sends offers to majority of Uber ATG employees, but not the R&D lab

GM leads $23 million investment in on-demand vehicle maintenance service Yoshi

GM Ventures is leading a $23 million investment round into on-demand car maintenance service Yoshi. Yoshi General Motors is leading a $23 million funding round for an on-demand car maintenance service called Yoshi. It’s the second time GM’s venture capital arm has invested in the Silicon Valley start-up since 2018. The Series B funding round… Continue reading GM leads $23 million investment in on-demand vehicle maintenance service Yoshi

@Toyota: UK Company Wins $1 Million in Toyota Mobility Unlimited Challenge with new Intelligent Wheelchair

Toyota Mobility Foundation, in partnership with Nesta Challenges, announces winner of $4 million global Mobility Unlimited Challenge in virtual event Phoenix Instinct from the UK wins $1 million prize to help bring its Phoenix i wheelchair to market Winner’s announcement is the culmination of the three-year Mobility Unlimited Challenge which saw innovators from around the… Continue reading @Toyota: UK Company Wins $1 Million in Toyota Mobility Unlimited Challenge with new Intelligent Wheelchair

@Groupe PSA: PR Solidarity mobility and Inclusion: Fondation PSA and Emmaüs France publish the first results of the measurement of social value of their project “Shar…000843

Creation of a platform dedicated to car sharing and carpooling for workers in inclusion  in rural areas 22% of users say they are unable to travel alone 70% of users do not have a driver’s license   “Launched in 2019, in Les Deux-Sèvres at Les Ateliers du Bocage, this project provides a simple multimodal solution… Continue reading @Groupe PSA: PR Solidarity mobility and Inclusion: Fondation PSA and Emmaüs France publish the first results of the measurement of social value of their project “Shar…000843