Provizio closes $6.2M seed round for its car safety platform using sensors and AI

Provizio, a combination hardware and software startup with technology to improve car safety, has closed a seed investment round of $6.2million. Investors include Bobby Hambrick (the founder of Autonomous Stuff); the founders of Movidius; the European Innovation Council (EIC); ACT Venture Capital. The startup has a “five-dimensional” sensory platform that — it says — perceives,… Continue reading Provizio closes $6.2M seed round for its car safety platform using sensors and AI

@Groupe PSA: PR A logo to express the spirit of Stellantis000602

IMPORTANT NOTICE By reading the following communication, you agree to be bound by the following limitations and qualifications: This communication is for informational purposes only and is not intended to and does not constitute an offer or invitation to exchange or sell or solicitation of an offer to subscribe for or buy, or an invitation… Continue reading @Groupe PSA: PR A logo to express the spirit of Stellantis000602

Hyundai Plans Thrilling Cadence of Seven N and N Line Performance Models through 2022

The N brand family has currently revealed the Veloster N, Sonata N Line and Elantra N Line, with the remaining four N brand models to be unveiled in the near future. Early consumer research feedback on these future N models has been very positive. “I’m proud of what our talented N brand engineers, designers and… Continue reading Hyundai Plans Thrilling Cadence of Seven N and N Line Performance Models through 2022

@FCA: Logo to Express the Spirit of Stellantis

A Logo to Express the Spirit of Stellantis IMPORTANT NOTICEBy reading the following communication, you agree to be bound by the following limitations and qualifications: This communication is for informational purposes only and is not intended to and does not constitute an offer or invitation to exchange or sell or solicitation of an offer to… Continue reading @FCA: Logo to Express the Spirit of Stellantis

Self-driving delivery firm Nuro raises $500 million as COVID-19 boosts e-commerce

By Jane Lanhee Lee 2 Min Read (Reuters) – Self-driving delivery company Nuro, whose R2 unit has no pedals or steering wheel and only room for packages, said Monday it has raised $500 million as e-commerce gets a huge boost from the pandemic. Nuro joins other self-driving firms that raised big money this year. Earlier… Continue reading Self-driving delivery firm Nuro raises $500 million as COVID-19 boosts e-commerce

Inside the industry: Self-driving tech is beset with difficulties

Perhaps the most complex challenge facing the car industry today is vehicle autonomy, the path to achieving it and the motivations for doing so. To most, the end goal isn’t in question; a utopia of zero accidents is too compelling for legislators to ignore and the rewards of success (this is an industry estimated to be… Continue reading Inside the industry: Self-driving tech is beset with difficulties

Chinese autonomous truck startup Inceptio raises $120m from CATL, others

China’s Inceptio Technology, a startup developing self-driving trucks, said on Monday it has raised $120 million in its latest funding led by top Chinese electric vehicle battery maker CATL. The funding comes six months after a $100 million funding in April. Logistics firm GLP, Inceptio’s key strategic investor G7 and Nio Capital also invested in… Continue reading Chinese autonomous truck startup Inceptio raises $120m from CATL, others

California voters approved Proposition 22, keeping ride-share and food delivery drivers as contractors — here’s what that means for companies like Uber, Lyft, Instacart, DoorDash and their workers (UBER, LYFT)

California voters approved Proposition 22, a legislation that keeps rideshare and food delivery drivers as “independent contractors” who do not qualify for state and local employee benefits like minimum wage, healthcare, or paid time off. The ballot measure, backed by Uber, Lyft, Instacart, and DoorDash, exempts firms from AB-5, a state law that would have… Continue reading California voters approved Proposition 22, keeping ride-share and food delivery drivers as contractors — here’s what that means for companies like Uber, Lyft, Instacart, DoorDash and their workers (UBER, LYFT)

Uber and Lyft gain $13 billion in combined market value after Californians approve Prop 22

Lyft executives celebrate the company’s IPO in 2019. Mario Tama/Getty Images Uber shares rose as much as 18% and Lyft shares jumped as much as 22% on Wednesday after California voters approved Proposition 22. The ballot measure’s passage means the ride-hailing companies can continue to classify their drivers as independent contractors instead of employees, exempting… Continue reading Uber and Lyft gain $13 billion in combined market value after Californians approve Prop 22

November 4, 2020 Chino City and Via announce partnership to launch the City’s first on-demand public transit service Chino City will use tec…

November 4, 2020 Chino City and Via announce partnership to launch the City’s first on-demand public transit service Chino City will use technology from Via to expand access to public transit November 5, 2020 (CHINO CITY, Japan)– Chino City, with support from Mayor Imai-san, and Via, the leading TransitTech provider for public mobility solutions, are… Continue reading November 4, 2020 Chino City and Via announce partnership to launch the City’s first on-demand public transit service Chino City will use tec…