Waymo recently closed a $5.6 billion Series C funding round led by parent company Alphabet and joined by a who’s who of Silicon Valley venture firms. The investment boosts Waymo’s overall valuation to more than $45 billion, according to Bloomberg News. Alphabet had previously announced in July that it was pledging another $5 billion to […]
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Autonomous vehicle technology startup Aurora Innovation is targeting April 2025 for commercial deployment of its autonomous trucks, pushing its timeline back by about a quarter. The company had originally planned to launch by the end of 2024. The company said it delayed the launch so it can continue to validate its self-driving technology. “While this […]
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“I never thought the propulsion of a vehicle would become a political issue,” GM Chairman and CEO Mary Barra said on stage at TechCrunch Disrupt on Tuesday. While the executive didn’t expand on this statement, former President Trump has railed against EVs and claimed, wrongly, that there is a mandate to make and sell electric […]
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Waymo has closed a $5.6 billion Series C funding round led by parent company Alphabet and joined by a who’s who of Silicon Valley venture firms. Alphabet had previously announced in July that it was pledging another $5 billion to Waymo, but was mum on the specifics, saying only that it was a “multi-year” commitment. […]
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Toyota-backed autonomous vehicle company Pony AI has joined the list of Chinese firms going public on the U.S. stock market after a multi-year ban from Beijing on offshore capital raising. Zeekr, a luxury Chinese electric vehicle startup, debuted on the New York Stock Exchange in May, and WeRide, another AV startup, also hopes to file […]
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Waymo has struck a deal with Hyundai to bring the IONIQ 5 EV to its robotaxi network, adding another autonomous vehicle option as it scales up its business. The autonomous vehicle company announced Friday that it expects to start on-road testing a Waymo-equipped IONIQ 5 by late 2025, with the AV becoming available to riders […]
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