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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...

Weekly Connected and Autonomous Vehicle News

Connected and Autonomous Vehicles: ūüöó¬†Tesla CEO Musk Visits China. ‚ÄúTesla¬†CEO¬†Elon Musk¬†met with a top government leader in the Chinese capital Sunday, just as the nation‚Äôs...

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...

Weekly Connected and Autonomous Vehicle News

Connected and Autonomous Vehicles: ūüöē¬†Mercedes Joins Forces With Bosch To Develop Self-Driving Taxis.¬†‚ÄúThe pact between the world's largest maker of premium cars and the world's...

Weekly Connected and Autonomous Vehicle News

Connected and Autonomous Vehicles: ‚ėĻ¬†Apple Lays off 614 Workers After Ditching Self-Driving Car Project. ūüöė¬†New York City to Allow Driverless Car Tests. ‚ÄúCity officials said that...

Weekly Connected and Autonomous Vehicle News

Connected and Autonomous Vehicles: ūüí≤¬†Porsche, Lamborghini, and Bentley To Use Mobileye's Autonomous Tech.¬†‚ÄúThe second largest car manufacturer in the world (after¬†Toyota) will acquire partial and...

Companies Launch Products for Mobility Markets

Swift Navigation and Telit Cinterion have launched a joint product that integrates Swift’s Skylark Precise Positioning Service with Telit Cinterion’s GNSS modules.  Use cases include wearables, robotic lawn mowers...

Weekly Connected and Autonomous Vehicle News

Connected and Autonomous Vehicles: ‚ėĻ¬†Mobileye to Close Aftermarket Unit, Lay Off 130. ‚ÄúIsraeli advanced driving assistance systems (ADAS) company¬†Mobileye Global¬†MBLY¬†2.55%‚ÜϬ†has announced that it is closing...

Weekly Connected and Autonomous Vehicle News

Connected and Autonomous Vehicles: ūüíį¬†Applied Intuition Lands $6B Valuation for AI-Powered Autonomous Vehicle Software. ‚ÄúThe eye-popping funding round is the latest example of¬†investor fervor for...

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