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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: 🚘 Chinese EV Makers, and Their Connected Vehicles, Targeted by New House Bill. “The bill, introduced by U.S. Rep. Elissa Slotkin, comes as the trade...

Weekly Connected and Autonomous Vehicle News

Connected and Autonomous Vehicles: Overland AI Secures $10 Million in Funding Overland AI has secured $10 million in seed funding, led by Point72 Ventures with participation from Shasta Ventures, Ascend VC, Pioneer...

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: 💲 Waymo Says Its Robotaxis Are Now Making 50,000 Paid Trips Every Week. “The Alphabet-owned company has announced on Twitter/X that it's now serving more than 50,000 paid...

Weekly Connected and Autonomous Vehicle News

💰 Wayve Raises Over $1 Billion. “Wayve has announced a $1.05 billion Series C investment round led by SoftBank, with contributions from new investor NVIDIA NVDA -1.31%↓ and existing investor Microsoft MSFT 0.71%↑. to...

Weekly Connected and Autonomous Vehicle News

Connected and Autonomous Vehicles: 🚗 Tesla CEO Musk Visits China. “Tesla CEO Elon Musk met with a top government leader in the Chinese capital Sunday, just as the nation’s...

Mercedes-Benz First To Offer Level 3 Autonomous Driving For Sale in...

Two types of sedans come with Drive Pilot that doesn’t require users to keep eyes on road Mercedes-Benz has become the first automaker to offer Level...

Weekly Connected and Autonomous Vehicle News

Connected and Autonomous Vehicles: 💲 Tesla Cuts Price of Full Self-Driving Software by a Third to $8,000. “Tesla TSLA -1.64%↓ slashed the price of its Full Self-Driving (FSD) driver assistant software...

Weekly Connected and Autonomous Vehicle News

Connected and Autonomous Vehicles: 🚕 Mercedes Joins Forces With Bosch To Develop Self-Driving Taxis. “The pact between the world's largest maker of premium cars and the world's...

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