Autonomous

The Federal Highway Administration recently awarded $49.6 million to support projects that incorporate transportation-related technologies.

Oxbotica, a U.K. company that makes software for running autonomous vehicles, has raised $47 million in a fresh funding round that will go toward developing and deploying its products.

Aeva, a laser-sensor startup founded by two ex-Apple Inc. engineers, is poised to increase its war chest by $200 million with an investment by a Hong Kong-based hedge fund ahead of its public listing via a reverse merger.

Robotics company Nuro announced Dec. 23 that it has acquired Ike Robotics Inc., which builds automated trucking technology.

Self-driving technology startup Kodiak Robotics announced it was selected as a CES 2021 Innovation Awards honoree, with the presentation to come during the first all-digital CES, which runs Jan. 11-14.

With an eye toward the future of transportation technology, Maryland Gov. Larry Hogan released the state’s Connected and Automated Vehicle Strategic Framework.

Some lidar suppliers gained Dec. 22 after Reuters reported that Apple Inc. plans to build a self-driving car for consumers and is tapping outside partners for elements of the system as it develops its own battery technology.

Toyota Motor Corp. is aiming to commercialize an autonomous shipping-container-like vehicle within a few years that it says could double as a mobile store or roving office.

Tesla Inc. was among the biggest drags on the S&P 500 in its first day of trading on the benchmark.

The memory of 2020 will be forever linked to the COVID-19 pandemic.