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Cruise Gets $850 Million From GM

Company has burned through $8.2 billion since 2017, hopes to restart testing There is hope for Cruise, the robotaxi company that was forced to cease operations...

Weekly Connected and Autonomous Vehicle News

Connected and Autonomous Vehicles: ūüöė¬†Chinese EV Makers, and Their Connected Vehicles, Targeted by New House Bill.¬†‚ÄúThe bill, introduced by U.S. Rep.¬†Elissa Slotkin, comes as the¬†trade...

Swift Navigation Partners With SK Telecom

Swift Navigation¬†this week announced a partnership with¬†SK Telecom¬†SKM¬†-1.46%‚Üstto launch AI-powered, location products in the Republic of Korea.¬† The companies have designed and deployed, and...

Feds Open Investigation of Autonomous Vehicle Companies

Biggest series of investigations since the advent of autonomous driving… It’s been a tough couple of weeks for autonomous vehicle companies as the National Highway Traffic...

Weekly Connected and Autonomous Vehicle News

Connected and Autonomous Vehicles: ūüí≤¬†Waymo Says Its Robotaxis Are Now Making 50,000 Paid Trips Every Week.¬†‚ÄúThe¬†Alphabet-owned company has¬†announced¬†on¬†Twitter/X¬†that it's now serving more than 50,000 paid...

Mapbox Touts Springs Product Rollouts

Among several spring release products and enhancements, Mapbox says its Mobile Maps SDK Flutter Plug-in and advancements in Search Box API are the most important new features for developers.  Search Box,...

TomTom Tops Counterpoint’s Location Applications and Services Rankings

Saying¬†HERE Technologies¬†and¬†Google¬†GOOG¬†-1.84%‚Üsthave slipped into second and third place, respectively, TomTom came out on top in¬†Location Applications and Services¬†category of¬†Counterpoint‚Äôs latest¬†Location Platform Effectiveness Index. The...

Weekly Connected and Autonomous Vehicle News

Connected and Autonomous Vehicles: ūüí≤¬†Tesla Cuts Price of Full Self-Driving Software by a Third to $8,000. ‚ÄúTesla¬†TSLA¬†-1.64%‚Üstslashed the price of its¬†Full Self-Driving¬†(FSD) driver assistant software...

TomTom Posts Operating Loss as Auto Sales Slow

Citing slow car sales in Europe and North America, TomTom  reported a wider-than-expected loss in the first quarter. "In the first quarter of 2024, revenue was comparable to...

Companies Make Digital Twin Technology Transactions

Several companies this week have touted transactions that include digital twin development.  One company, Woolpert, has acquired Ireland-based Murphy Geospatial, which provides survey, mobile and indoor mapping,...

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