China startup Nio hires eight banks for $2 bn US IPO

Other banks are Bank of America Merrill Lynch, Credit Suisse, Citigroup, Deutsche Bank, JPMorgan and UBS, said the people, declining to be identified as the deal details are not public. HONG KONG: Chinese electric vehicle startup Nio has hired eight banks including Morgan Stanley and Goldman Sachs to work on a planned US stock market… Continue reading China startup Nio hires eight banks for $2 bn US IPO

Aurora raises $90M Series A, adds Reid Hoffman and Mike Volpi to its board

Self-driving car startup Aurora has raised $90 million in a Series A round, with participation from both Greylock Partners and Index Ventures. The new funding adds to its available cash and will make it possible for the young startup to scale more quickly, but Aurora CEO Chris Urmson told me that the most important part… Continue reading Aurora raises $90M Series A, adds Reid Hoffman and Mike Volpi to its board

Electric mobility: Yonne charging stations made accessible to EV drivers from all over Europe

An innovative partnership between SPIE, SDEY and Hubject Saint-Denis, February 28th, 2018 – SPIE CityNetworks, Hubject and the Departmental Energy Association of Yonne (SDEY) are joining forces to provide charging solutions for electric vehicles that can be accessed by EV drivers from all over Europe. Charging stations belonging to the Departmental Energy Association of Yonne… Continue reading Electric mobility: Yonne charging stations made accessible to EV drivers from all over Europe

Recreating the self-driving experience: the making of the Waymo 360° video

Recreating the self-driving experience: the making of the Waymo 360° video To bring Waymo’s technology to life, we leaned on the unique format of 360 video. By Meiling Tan, Head of Marketing, Waymo Waymo has been working on self-driving technology since our early days at Google in 2009. Today, we have the world’s first and only… Continue reading Recreating the self-driving experience: the making of the Waymo 360° video

Waymo reaches 5 million self-driven miles

Waymo reaches 5 million self-driven miles The Waymo odometer rolled over to 5,000,000 in February: our self-driving cars have now covered five million miles on public roads. That’s a major milestone. Yet what’s really exciting for us is how we’re picking up speed. Our 1st million miles took six years to complete. Our 4th million… Continue reading Waymo reaches 5 million self-driven miles

News Release – Magna to Hold Investor Day

Please click HERE for a PDF version of the release. AURORA, Ontario, Feb. 27, 2018 (GLOBE NEWSWIRE) — On Wednesday, February 28, 2018, Magna International Inc. (TSX:MG) (NYSE:MGA), a technology company and global leader in the automotive industry, will hold an Investor Day event.  Magna management will present on the state of the company, how… Continue reading News Release – Magna to Hold Investor Day

We’re making indoor maps autonomously with Naver

It’s no longer unusual to see drones and robots in public spaces. We’re working with Naver Labs in Korea to leverage those bots to create indoor maps of venues and crowded spaces. We’re continuing on mission to build the Reality Index – our digital representation of the world around us.  That data extends beyond the… Continue reading We’re making indoor maps autonomously with Naver

Soon California’s Autonomous Cars Will Drive All on Their Own

In Brief California’s DMV just lifted restrictions prohibiting manufacturers from testing driverless vehicles without a human behind the wheel. This move puts us one step closer to a future in which human drivers are no longer a part of the transportation equation. Fully Driverless Vehicles California’s Department of Motor Vehicles (DMV) is making it easier… Continue reading Soon California’s Autonomous Cars Will Drive All on Their Own

Creating Driving Tests for Self-⁠Driving Cars

Illustration: Jude Buffum At a test track east of Gothenburg, Sweden, people are ushered into autonomous vehicles for a test drive. But there’s a twist: The vehicles aren’t actually autonomous—there’s a hidden driver in the back—and the people are participating in an experiment to discover how they’ll behave when the car is chauffeuring them around. At Zenuity—a… Continue reading Creating Driving Tests for Self-⁠Driving Cars

Ford launches self-driving pilot with delivery partners in Miami

(Reuters) – Ford Motor Co is taking a different approach from rival General Motors Co in deploying self-driving vehicles, focusing initially on partnering with and operating vehicles for a variety of companies, from Domino’s Pizza to Lyft, executives said. Ford said on Tuesday it has launched a pilot delivery program in Miami with Domino‘s, and… Continue reading Ford launches self-driving pilot with delivery partners in Miami