Driverless Tech Firm Pony.ai Seeks Up to $195 Million in IPO
Pony.ai Inc. is looking to raise as much as $195 million from its U.S. initial public offering as automotive-related companies lead a modest pickup in Chinese listings.
PennDOT Approves Rules for Self-Driving Vehicles in State
There are now rules of the road for self-driving vehicles in Pennsylvania.
Expert Proposes Driver’s Test for Autonomous Vehicles
ANN ARBOR, Mich. — A leading expert on autonomous vehicles is calling on the federal government to develop a national driver’s test that such vehicles would have to pass.
California Gov. Newsom Again Vetoes Autonomous Truck Bill
For the second time in a year, California Gov. Gavin Newsom has vetoed legislation that would have required a driver to be in the cab when autonomous trucks are tested on state highways.
Autonomous Company May Mobility Scales Back Expansion Plans
Autonomous vehicle company May Mobility Inc. is scaling back its expansion plans in Ann Arbor, Mich.
WeRide May Seek Up to $400 Million in US IPO, Placement
China’s WeRide Inc. is seeking as much as $400 million in a U.S. initial public offering and concurrent private placement, people familiar with the matter said.
US Reportedly Moves to Ban China Software in Autonomous Cars
The U.S. may propose barring Chinese software in autonomous vehicles in coming weeks amid security concerns, according to Reuters.
Tesla in Fatal Washington Crash Was Using Self-Driving System
DETROIT — Authorities in Washington have determined that a Tesla that hit and killed a motorcyclist near Seattle in April was operating on the company’s “Full Self Driving” system.
Freight Focus: Autonomous Trucking
The trucking industry experienced its first increase in tonnage this year in May, American Trucking Associations reported June 18.
July 1, 202460 Seconds: Daimler Unwraps Autonomous, Electric Demonstration Truck
Freightliner eCascadia-based tractor equipped with Torc Robotics self driving software will execute runs between Laredo and Dallas in Texas first. Daimler Truck intends to start serial production of autonomous trucks, albeit with conventional engines, in 2027. By Keiron Greenhalgh
May 10, 2024