Autonomous delivery startup Nuro has struck a deal with safety-focused software company Foretellix to help with virtual testing of its automated driving system, in a bid to cut R&D costs while still pushing the technology forward. The partnership, which the companies are set to announce later Thursday, comes in the wake of a tumultuous stretch … Read more
DETROIT — General Motors’ plans to diversify its business through trendy industries such as ridesharing and other “mobility” ventures or startups have largely fallen flat since the automaker started investing in such growth areas in 2016. Cruise, its majority-owned autonomous vehicle subsidiary, is increasingly looking like it might be next. The unit has quickly gone … Read more
When it comes to spurring the development of cutting-edge technologies, the Chinese government is rather pragmatic in its policymaking process. In the field of autonomous driving, the country has made some big strides in defining the parameters and limitations for service providers, removing regulatory ambiguity and granting industry players the freedom to test the nascent … Read more
After years of aggressive expansion at home, China’s autonomous vehicle upstarts are now setting their gaze on overseas markets. WeRide, in particular, has been on a licensing spree. On Monday, WeRide announced it has obtained two licenses from Singapore that will allow its robobuses to test on public roads on a “larger” scale. The two … Read more
Zhang Li‘s career path has looked like a bellwether for China’s tech trends. When the Cisco veteran joined WeRide in 2018, the Chinese autonomous vehicle company was less than a year old. In the next few years, the country would become a breeding ground for three AV unicorns, including WeRide, of which valuation surged to … Read more
An EHang all-electric Vertical Takeoff and Landing (eVTOL) two-passenger multicopter aircraft, performs an unmanned display flight at a Korean government event at Yeouido island in Seoul on November 11, 2020. Ed Jones | Afp | Getty Images BEIJING — Self-driving air taxis are one step closer to reality in China. Guangzhou-based Ehang on Friday said … Read more
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Governor Gavin Newsom has vetoed Assembly Bill 316, which would have required human attendants in driverless vehicles over 10,000 pounds, reports Reuters. The bill saw broad support among state legislators and was backed by the Teamsters and other labor organizations. At the moment, The governor wrote in his veto message that the bill “is unnecessary … Read more
California governor Gavin Newsom worked late last night, vetoing a law that would have banned self-driving trucks without a human aboard from state roads until the early 2030s. State lawmakers had voted through the law with wide margins, backed by unions that argued autonomous trucks are a safety risk and threaten jobs. The bill would … Read more
Aurora Innovation, the self-driving know-how firm that goals to launch an autonomous trucking enterprise in 2024, has accomplished a capital elevate of $820 million from a public and concurrent non-public providing of its inventory. The corporate expects the deal to shut Friday. The inventory sale will assist fund Aurora via business launch on the finish … Read more
Dexory, an organization that serves warehouses with real-time stock administration information utilizing AI software program and autonomous robots, has raised $19 million in a Sequence A spherical of funding led by European VC Atomico. Based out of London in 2015, Dexory’s product might be cut up into two segments. On the {hardware} facet, the corporate … Read more